After one postponement, the FTC will issue its mystery “announcement” tomorrow morning, in conjunction with attorneys general from 11 states. Although the FTC has not disclosed the subject matter, speculation is that it may involve enforcement actions against more debt repair service providers. The FTC has brought actions against many debt repair service providers over
More large law firms are accepting bitcoin payments for their legal services, signaling the digital currency’s firmer foothold in corporate America. In the years ahead, cryptocurrencies such as Bitcoin and blockchain technology will have an impact on just about every private and public institution in the nation. Understanding and accepting cryptocurrency as a form of
FTC wants DirecTV pay $3.95B fine for deceptive ad suit Trial began on last week for a deceptive advertising suit against DirecTV in which the FTC’s opening statements asked the Court to award $3.95 in damages to consumers. FTC attorney Jacob A. Snow alleged that 33 million consumers were deceived by the company from 2007-2015.
Consumer Watchdog group prompts FTC probe Consumer Watchdog asked the FTC to halt Amazon’s purchase of Whole Foods and argued that deceptive list prices make Amazon’s prices look like more of bargain than they are. The FTC will investigate the charges of deceptive advertising and assess the merger’s compliance with antitrust laws. Amazon denies inflating
Celebrity social media accounts are ripe for FTC action if they fail to conspicuously disclose their relationships to brands when endorsing products.
The FTC has targeted the owner of Thrive for actions that happened three before he purchased the company. We argue that there is no proof.
On June 5, 2017, the Supreme Court of the United States decided Kokesh v. SEC, No. 16-529, holding that disgorgement claims must be commenced within five years of the claims’ accrual because such claims operate as penalties.
In late March, the FTC released the agency’s 2016 Annual Highlights, which the FTC says include some of the Commission’s “biggest successes” to date. Acting FTC Chairwoman Maureen Ohlhausen has said, “2016 was a historic year for the FTC. We obtained almost $12 billion in redress for consumers, and took action in more than a
Earlier this month, the FTC filed a complaint against Taiwan-based computer networking manufacturer D-Link Corp. and its United States subsidiary, D-Link Systems, Inc. In its complaint, the FTC alleges that D-Link failed to take adequate steps to secure its wireless routers and internet cameras from hackers, which the FTC says put D-Links’ customers’ privacy at
The FTC announced late last week that it had reached a $100 million settlement with for-profit giant DeVry University over charges that DeVry misled prospective students through ads that highlighted purported high employment success rates and income levels upon graduation. The FTC reports that the settlement “secures significant financial redress for tens of thousands of