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Ticker: Feds hit LA Fitness over cancellation policy; Target CEO to step down

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The U.S. Federal Trade Commission is suing the operators of LA Fitness, over allegations that they make it “exceedingly difficult” for consumers to cancel gym memberships and other related services offered in their clubs nationwide.
The U.S. Federal Trade Commission is suing the operators of LA Fitness, over allegations that they make it “exceedingly difficult” for consumers to cancel gym memberships and other related services offered in their clubs nationwide.
In a Wednesday complaint, the FTC accused Fitness International and its subsidiary Fitness & Sports Clubs of illegally charging consumers “hundreds of millions of dollars in unwanted recurring fees” as a result of cumbersome cancellation processes.

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