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American Express agrees to pay more than $138M to resolve investigation into sales and marketing

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Summary
Nutrition label

72% Informative

The New York -based financial giant provided inaccurate tax advice to customers and potential customers.

American Express said the disputed sales practices ended in 2021 or earlier and that it will pay roughly $230 million in total to resolve the matter.

The company has also separately entered a multimillion dollar civil settlement with the U.S. Department of Justice .

VR Score

79

Informative language

84

Neutral language

34

Article tone

formal

Language

English

Language complexity

77

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links