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-0.000182882223847849 0.000121921482565117 -0.000243842965130581 -6.09607412827318E-05 -0.000792489636674127 -0.000792489636674127 -0.000792489636674127 -0.000792489636674127
Stock impact report

Amazon Executives Accused by FTC of Helping Deceive Prime Users [BNN Bloomberg (Canada)]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: BNN Bloomberg
difficult for customers to cancel subscriptions to the company's Prime membership service. Senior Vice Presidents Neil Lindsay and Russell Grandinetti, along with Vice President Jamil Ghani, were added as defendants Wednesday in a lawsuit the FTC filed against Amazon in June. The regulator said they helped orchestrate the plan and ignored pleas by employees to stop using techniques “to mislead or trick users” into “signing up for a recurring bill.” Lindsay oversaw the membership program, Grandinetti handled the international consumer business, and Ghani was responsible for Prime's subscription program, according to the filing. The FTC cited internal memos at Amazon going back to 2017 discussing concern that enrollment wasn't designed to be easy for customers to cancel. “An unknown $12.99 charge could mean grocery money for a family, gas to fill up a car, or just the last bit of money to make rent,” one Amazon employee, whose name was redacted in the Wednesday filing, wrote to Gh Show less Read more
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