Ongoing sweeping investigation into Best Buys and DirecTV's business practices.
One aspect of the investigation focuses on consumer reports that they purchased DirecTV hardware and services while shopping at Best Buy. These consumers were led to believe that they were purchasing to own outright the hardware, including the purchases of DirecTV receivers and digital video recorders. Many consumers pay large amounts of money to "buy" DirecTV equipment, only to later discover that the equipment they "bought" is actually leased and must eventually be returned to DirecTV.
Defendant Details
Name (Stock Symbol)
Brief Description
DirectTV Group, Inc. (DTV)
Direct TV Group, Inc. provides digital television entertainment in the United States and Latin America via satellite.
Best Buy (BBY)
Best Buy owns and operates a chain of retail consumer electronics stores.