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The Federal Trade Commission has announced proposed court orders imposing $1.3 million in penalties against four retailers. The fines are due to a settlement based on wrongly labeling bamboo materials. The complaints allege that the four importers broke the law by continuing to misrepresent products of bamboo, despite the warning letters from the FTC in 2010. In 2013, several other importers settled a combined $1.26 million to settle similar FTC claims.
Jessica Rich, Director of the Bureau of Consumer Protection, is quoted saying the following on the matter:
"It's misleading to call bamboo that has been chemically processed into rayon simply 'bamboo'. With consumers in the midst of their holiday shopping, it's important for them to know that textiles marketed as environmentally friendly alternatives may not be as 'green' as they were led to believe."
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This November, we are honored to feature Tracey Suggs, Import Specialist at JAS Forwarding USA Inc., for his tireless advocacy for individuals with Down Syndrome. While October marks Down Syndrome Awareness Month, Tracey and his family advocate every day for the empowerment and inclusion of individuals who face intellectual and developmental challenges. Inspired by his daughter, Treana, who has Down Syndrome, Tracey is driven to ensure that every individual can live their fullest life. Treana's zest for life and inspiring spirit is a testament to the impact of love, perseverance, and understanding that Tracey strives to bring to his work and community. Tracey’s unwavering commitment to making a difference embodies our values at JAS, reminding us all of the importance of inclusivity and advocacy in both our professional and personal lives.
Tracey has been with JAS for 3 years and has been in the industry for over 20 years. Tracey has a passion for sports, fitness, art, community advocacy (special needs/disadvantaged youth), and spending time with family.
JAS Forwarding VP Compliance, Laurie Arnold joined forces with JAS Forwarding Global Development Director Jennifer Koon, and Regional Sales Director Lindsay Gambee to attend the International Compliance Professionals Association (ICPA) Fall Conference (Western Cowboy Theme) in Grapevine, Texas from October 20-23.
They were able to meet with numerous members of the trade community and discuss current events and network.
On November 1, 2024, BIS imposed a civil penalty of $500,000 against a semiconductor wafer manufacturing company. The U.S. subsidiary shipped approximately $17.1 million of semiconductor wafers company listed on the BIS Entity List, without the required licese/authorization.
The company voluntarily disclosed the conduct and cooperated which resulted in significant reduction in the penalty.
To read more, check out the final order below.
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