US Federal Trade Commission (FTC)
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Recent News About US Federal Trade Commission (FTC)
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Western Union settles for $586 million after allegations of fraud, money laundering
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Jan. 19 that the Western Union Company (Western Union), a global money services business headquartered in Colorado, will forfeit $586 million after allegations of allowing consumer fraud and money laundering. -
FTC issues comments opposing proposed merger of Mountain States, Wellmont Health
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Jan. 13 that its staff has submitted a supplemental comment and analysis to the Virginia Department of Health. In the comments, the staff voices opposition to issuing a letter authorizing a cooperative agreement to Mountain States Health Alliance and Wellmont Health System. -
Federal Trade Commission launches class action study amid growing fairness skepticism
WASHINGTON (Legal Newsline) – Claim handlers from eight different entities have been ordered by the Federal Trade Commission to provide the government with data illustrating the way they notify class members about settlement agreements and other developments related to their cases. -
Alleged mortgage relief scheme operator agrees to FTC ban
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Jan. 11 that Damian Kutzner, who allegedly helped operate a mortgage relief scheme that duped consumers and stole millions, has agreed to a court order banning him from the debt relief business. -
FTC seeks to bar businesses from selling allegedly fake payday loan debt portfolios
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Jan. 9 that it had charged Joel Jerome Tucker, SQ Capital LLC, JT Holdings Inc. and HPD LLC with selling portfolios of fake payday loan debts. -
FTC OKs final order in CentraCare-SCMG acquisition following public comment
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced the approval Jan. 9 of a final order settling charges that CentraCare’s acquisition of St. Cloud Medical Group, also known as SCMG, would be anti-competitive. The approval comes following a public comment period. -
FTC takes action against D-Link for its allegedly insecure wireless routers and internet cameras
WASHINGTON (Legal Newsline) – The Federal Trade Commission (FTC) announced a complaint Jan. 5 against D-Link Corp., a Taiwan-based computer networking equipment manufacturer with a U.S. subsidiary. -
FTC, Schneiderman target marketers of Prevagen
WASHINGTON (Legal Newsline) – The Federal Trade Commission (FTC) and New York Attorney General Eric Schneiderman announced Jan. 9 that they have charged the marketers of dietary supplement Prevagen with making false and unsubstantiated claims about the product’s ability to improve memory. -
FTC issue paper concludes that consumers are being harmed by resort pricing practices
WASHINGTON (Legal Newsline) – The Federal Trade Commission (FTC) announced Jan. 5 the release of an issue paper authored by an FTC staff economist concluding consumers are likely being harmed by resort price listing practices. -
Abbot Laboratories, St. Jude to divest certain businesses before completing proposed merger
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 27 that Abbot Laboratories will divest two medical device businesses after allegations its proposed $25 billion acquisition of St. Jude Medical Inc. will likely be anti-competitive. -
Boehringer Ingelheim OKs FTC consent order, will divest certain products before Sanofi deal
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 28 that Boehringer Ingelheim has agreed to divest five types of animal health products in the United States before finalizing its proposed asset swap with Sanofi of Paris. The FTC had alleged the swap likely would be anti-competitive. -
Call business to pay $10 million in consumer redress for alleged scam
MIAMI (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 22 that Inbound Call Experts, doing business as Advanced Tech Support, along with other defendants, will pay $10 million for alleged customer deception. -
11th Circuit grants stay in FTC case against LabMD over data breach allegations
WASHINGTON (Legal Newsline) – The legal battle between the Federal Trade Commission (FTC) and LabMD is heating up following the latter’s opening salvo in its petition for review, pointing out how the agency allegedly "destroyed" a small medical company in its data breach investigation against it. -
CarMax allegedly failed to disclose vehicles had been recalled, settles with the FTC
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 16 that CarMax Inc. and two other major used auto retailers have agreed to settle allegations of false advertising. -
Turn Inc. to settle FTC claims it deceived consumers by tracking them without consent
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced a settlement Dec. 20 with Turn Inc., a Redwood City, California-based company that enables sellers to target digital advertisements to consumers. -
FTC OKs American Air Liquide Holding's divestiture of bulk liquid carbon production assets
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 20 that it had approved an application from American Air Liquide Holdings Inc. to sell to Reliant Holdings Ltd. certain assets related to liquid carbon dioxide and dry ice production at facilities in Galva, Iowa, and Sergeant Bluff, Iowa. -
FTC seeks public comment on proposed Freedom of Information Act amendment
The Federal Trade Commission announced Dec. 16 it is seeking public comment on proposed amendments to its fee schedule for Freedom of Information Act requests. -
FTC to mail 20,000 checks to alleged victims of Tax Club scheme
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 16 that it will mail more than 20,000 checks totaling about $18 million to the alleged victims of the Tax Club scheme that targeted people attempting to start home businesses. -
DeVry OKs $100 million FTC settlement after allegations it misled consumers
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 15 that DeVry University and its parent company have agreed to a $100 million settlement after allegations they misled prospective students with ads touting successful employment rates after graduation. -
FTC: Arizona-based Vemma Nutrition will stop alleged pyramid scheme
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Dec. 15 that Arizona-based Vemma Nutrition Company will end alleged pyramid scheme-inducing business practices.