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SettlementCritical RiskMultistate

CT AG Settles Harris Jewelry for $34M Over Deceptive Military Lending

Harris JewelryJuly 1, 2022Connecticut Attorney General

Penalty Amount

$34,000,000

Summary

Connecticut Attorney General announced a $34 million multistate settlement with Harris Jewelry for deceptive marketing and false promises to servicemembers, tricking them into high-interest loans for overpriced jewelry, with refunds and debt relief for affected consumers.

Remedy

Harris Jewelry provided refunds and debt relief to affected servicemembers.

Consumer Refunds

Contract Impact

In-house legal teams should review contracts with retailers and lenders to ensure they prohibit deceptive marketing, false promises about credit improvement, and unfair financing terms, with accurate disclosures and compliance with military consumer protection laws.

Contract Search Terms

deceptive marketingfalse promisesfinancing agreementscredit score claimsmilitary discountshigh-interest loansjewelry salesdebt reliefrefund policiesconsumer protection

Violation Types

Entity Details

Entity

Harris Jewelry

Industry

Retail

Multistate Coalition

Multiple State Attorneys General

Official Sources

Source Evidence

Entity Name
"Harris Jewelry"
Fine Amount
"$34 million"
Violation Types
"false promises of charity and deceptive marketing ploys"

Related Enforcement Actions

FTC

Harris Jewelry

$1.0M

Harris Jewelry defrauded servicemembers with deceptive marketing, inflated prices, and hidden fees. A multistate settlement requires $34.2 million in refunds and debt relief, stops debt collection, and dissolves the business, affecting over 46,000 servicemembers.

CT

SunRun, Inc.

$500K

Connecticut Attorney General William Tong announced settlements with SunRun, Inc., Elevate Solar Solutions, and two salespeople over allegations of deceptive solar sales, including impersonating consumers and locking homeowners into long-term contracts without consent. SunRun must pay $300,000 and provide consumer relief; Elevate and the salespeople face a stated $200,000 penalty, with $100,000 suspended subject to ongoing compliance.

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Mylan

$8.0M

Connecticut announced an $8 million settlement with Mylan over allegations that it used agreements to delay generic EpiPen competitors and took other actions that inflated prices. Mylan also agreed to provide 10,000 free EpiPens; the release states that Mylan denies wrongdoing.

CT

U.S. Department of Homeland Security

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Frontier Communications Parent Inc.

$625K

Connecticut reached a $625,000 settlement with Frontier Communications Parent Inc. over an April 2024 breach in which compromised employee and vendor credentials were used to access internal systems and exfiltrate unencrypted personal information of 58,841 Connecticut residents. The settlement requires Frontier to strengthen its security program, implement specific safeguards and training, and obtain an independent third-party assessment.

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Boston Children’s Health Physicians and XTIUM

$2.6M

Connecticut and New York found that Boston Children’s Health Physicians and its security vendor, XTIUM, failed to use reasonable safeguards, resulting in hackers accessing sensitive personal, medical, and employee information. The companies agreed to pay penalties totaling $2.64 million and implement enhanced cybersecurity measures.