Unified ECM Inc. Sued Facebook For Unfair Advertising Practices!

The famous social networking website sued for unfair advertising practices. Unified ECM Inc. claims Facebook for overcharging the advertisers for ad space on Facebook’s website. The lawsuit was filed on July 28, 2009. Based on the report by Daily Herald, the lawsuit claims Facebook over charges advertisers based on the reported number of consumers who view the ads on a daily basis.

Unified ECM Inc. had only two options to choose from Facebook when buying advertising space as they were advertising on Facebook. They were required to pay a pre-determined amount each time a Facebook user clicks on their ad, or pay a specified amount for every 1,000 page views, or impressions of the specific ad. The marketing lawsuit is seeking class action status, or group status, which states they were “wrongfully charged for non-existent, fraudulent or invalid clicks."

According to Wikipedia's Facebook page, which is owned under Facebook, Inc., which has a reported 250 million users worldwide. In February 2009, a Compete.com study ranked Facebook as the most used social networking site by worldwide active users, MySpace followed in second place.

Easy ways to save money

Always over estimate your expenses and under estimate your income. Set savings goals, both short term and long term. Think about future, figure out how investments help you in future. First, clear all your debts. Calculate your debts and try to clear in easy installments.

Make a time frame to achieve your goals. Set a target to accomplish a short goal and make sure that you achieve it. Figure out how much you will save per week and for every thing you want to buy.

Always keep a record of your expenses. Write down every thing you have spend your money on, do not leave small purchases. This gives you clear idea and can restrict the unnecessary expenses. Check whether you have saved enough for your short and long-term goals.

Never use credit cards. Pay everything using cash or demand drafts. Do not even use checks, as you may not know how much balance is left in the account. You cannot stop your temptations when you have a credit card. The interest rates and other charges for using the credit cards are huge.

If you get unexpected amount set it aside and focus on your saving plans. Open a savings account and put your money in that. You will also get interest for that.

Always shop with a predetermined shopping list.

No sick leaves please!

The sick leaves served as a good factor for the employers to easily shortlist the list of job cuts. So the more sick leaves the employee takes, the more he is likely to be in the pink slip list of the company. This made employees to turn out to the office even in sickness. I don’t know how they made it. I could have never been able to do that.

It was even found in a survey. It said that the HR professionals of many companies have considered the number of sick leaves as a key factor for lay offs. Other factors included disciplinary records and performance assessment.

This might have been a good strategy where companies didn’t require to lay off people obligatorily. But these days, companies are too often into lay offs due to recession. And it is serious to consider sick leaves as a factor for redundancies even now. It simply destroys career of a person.

The $380m Scam Lawyer Argues for Bail

What is the best thing about being a prominent lawyer in the society? You can fraud people for millions of dollars and still argue for a bail though they have good evidences against you.

It is what Marc Drier did. He was a well-known lawyer of New York City. He had a big and reputed office with around 200 lawyers working in it. He somehow got a chance to do one of the well-known Ponzi Schemes and it was so successful that to got him revenues worth $380 million. And finally people caught him and thus he was convicted under fraud case in Manhattan.

He was seen arguing to be given a bail. And the argument he used for that is so simple (or silly) that I don’t know whether to consider it as an argument of a great lawyer or an argument of a school-boy. It said that he can be given a bail because he doesn’t have much relation with any foreign people and thus he has no opportunity to flee from the country.