Top News

FTC charges 12 defendants with with money laundering in alleged credit card scheme

Mark Iandolo Aug. 15, 2017, 9:44am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Aug. 7 that it has charged 12 defendants with laundering millions of dollars in credit card charges via fraudulent merchant accounts.

FTC obtains default judgment against Florida man who allegedly scammed consumers

Mark Iandolo Aug. 15, 2017, 9:43am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Aug. 10 that it has obtained a default judgment and permanent injunction that effectively halt Daniel L. Croft, doing business as PG Guru Tech Support and Elite Tech Support, from conducting business.

FTC charges online marketing operation with negative option scam

Mark Iandolo Aug. 15, 2017, 9:30am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Aug. 7 that it has charged an online marketing operation with allegations of deceptively luring consumers into an expensive negative option scam.

FTC finalizes Sherwin-Williams divestiture agreement

Mark Iandolo Aug. 9, 2017, 7:31am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced July 28 that, following a public comment period, it approved a final order resolving concerns that the Sherwin-Williams Company’s acquisition of the Valspar Corporation would likely be anti-competitive.

FTC developing initiative to help cut down unwanted, illegal robocalls

Mark Iandolo Aug. 9, 2017, 7:28am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Aug. 1 that it is working on an initiative to help industry efforts to stop unwanted robocalls before they reach consumers.

Two major pharmaceuticals agree to FTC divestiture settlement

Mark Iandolo Aug. 2, 2017, 9:46am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced July 20 that Baxter International Inc. and Claris Lifesciences Limited will divest two types of pharmaceutical products to settle anti-competitive allegations related to Baxter’s proposed $625 million acquisition of Claris’ injectable drugs business.

FTC issues second Federal Register notice about class action settlement notice programs study

Mark Iandolo Jul. 20, 2017, 9:29am

WASHINGTON (Legal Newsline) — The Federal Trade Commission announced July 12 that it is issuing a second Federal Register notice to continue its study of the effectiveness of class action settlement notice programs.

Federal Trade Commission bureau directors weigh in on North Carolina legislation on real estate appraisers

Mark Iandolo Jul. 19, 2017, 10:17am

The Federal Trade Commission (FTC) announced on July 6 that the directors of the Federal Trade Commission’s Office of Policy Planning, Bureau of Competition and Bureau of Economics have issued a comment on the competitive impact of proposed legislation that would affect compensation for real estate appraisers in North Carolina.

FTC settles with four paint companies that allegedly used deceptive ads

Mark Iandolo Jul. 19, 2017, 9:35am

WASHINGTON (Legal Newsline) — The Federal Trade Commission announced July 11 that four paint companies have agreed to settle allegations of deceptively promoting their products as emission free or containing zero volatile organic compounds (VOCs).

FTC obtains court orders against two Md. office supply operations that allegedly tricked consumers

Mark Iandolo Jul. 19, 2017, 9:35am

WASHINGTON (Legal Newsline) — The Federal Trade Commission announced July 11 that it has obtained court orders against two Maryland-based office supply operations that allegedly tricked small businesses, nonprofit organizations and other consumers into buying overpriced supplies they never actually ordered.

FTC approves monitor in Endo Pharmaceuticals pay-for-delay case

Mark Iandolo Jul. 19, 2017, 9:33am

WASHINGTON (Legal Newsline) — The Federal Trade Commission announced July 11 that it has approved Quantic Regulatory Services LLC as a monitor in the agency’s case against Endo Pharmaceutics Inc. for alleged antitrust violations.

FTC OKs final order settling anti-competitive charges in Emerson-Pentair acquisition case

Mark Iandolo Jul. 12, 2017, 9:51am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 30 that, following a public comment period, it has approved a final order settling charges that Emerson Electric Co.’s acquisition of Pentair would be anti-competitive.

FTC settles charges Broadcom's acquisition of Brocade would cause anti-competitive effects

Mark Iandolo Jul. 12, 2017, 9:19am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced July 3 that semiconductor manufacturer Broadcom Limited will establish a firewall to remedy FTC concerns related to its $5.9 billion acquisition of Brocade Communications Systems Inc. The FTC had alleged the acquisition would likely be anti-competitive.

FTC settles fraud charges against loan application assistance company, suspends $104 million judgment

Mark Iandolo Jul. 12, 2017, 9:15am

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced July 5 that Blue Global Media LLC and CEO Christopher Kay will settle charges of misleading consumers into applying for loans and then selling the applications to virtually anyone who would buy them.

FTC's Bureau of Competition director comments on Walgreens' proposed acquisition of Rite Aid

Mark Iandolo Jul. 6, 2017, 12:15pm

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 29 that Ted Lipsky, the acting director of the agency’s Bureau of Competition, has issued a statement about Walgreens Boots Alliance's proposed acquisition of Rite Aid Corporation.

FTC settles with remaining defendants in massive landline cramming operation

Mark Iandolo Jul. 6, 2017, 12:13pm

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 23 that the remaining defendants involved in a landline cramming operation have agreed to settle charges of placing more than $70 million in unauthorized charges on consumers’ phone bills.

ACT to divest 71 retail fuel stations to Empire Petroleum to complete acquisition of CST Brands

Mark Iandolo Jul. 6, 2017, 12:12pm

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 26 that retail fuel station and convenience store operator Alimentation Couche-Tard Inc. (ACT) will divest up to 71 retail fuel stations with convenience stores to Empire Petroleum Partners before going through with its proposed $4.4 billion acquisition of competitor CST Brands Inc.

FTC announces settlements in massive telemarketing fraud case

Mark Iandolo Jul. 5, 2017, 12:20pm

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 26 that seven individuals and eight companies they control will settle allegations of conducting a deceptive telemarketing scheme that bilked consumers out of millions of dollars.

FTC charges North Carolina debt collection operation with taking money from consumers

Mark Iandolo Jul. 5, 2017, 12:17pm

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 23 that it charged Anthony Swatsworth, ACDI Group LLC, and Solutions to Portfolios LLC (ACDI) with allegations of taking money from consumers for fake debts the consumers did not actually owe.

FTC seeks public comment on application by Grifols to amend 2011 divestiture agreement

Mark Iandolo Jul. 5, 2017, 12:15pm

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced June 28 that it is currently accepting public comments on an application by Grifols S.A., a manufacturer of plasma-derived drugs, to amend the terms of a manufacturing agreement that was part of a 2011 FTC-ordered divestiture.