LOS ANGELES–(BUSINESS WIRE)–Lundin
Law PC, a shareholder rights firm, announces that it is
investigating claims against Amazon.com, Inc. (“Amazon” or the
“Company”) (Nasdaq: AMZN) concerning possible violations of federal
To get more information about this investigation, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at firstname.lastname@example.org.
On July 20, 2017, Reuters reported that the Federal Trade
Commission (“FTC”) is reviewing allegations that Amazon misleads
customers about its pricing discounts. The article stated that “[t]he
FTC is probing a complaint brought by the advocacy group Consumer
Watchdog, which looked at some 1,000 products on Amazon’s website in
June and found that Amazon put reference prices, or list prices, on
about 46 percent of them. An analysis found that in 61 percent of
products with reference prices, Amazon’s reference prices were higher
than it had sold the same product in the previous 90 days, Consumer
Watchdog said in a letter to the FTC dated July 6.” When this news was
announced, shares of Amazon fell in value.
Lundin Law PC was founded by Brian Lundin, a securities litigator based
in Los Angeles dedicated to upholding shareholders’ rights.
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jurisdictions under the applicable law and ethical rules.