The two remaining defendants among a group of California-based marketers are permanently barred from the deceptive marketing and billing tactics they allegedly used in connection with selling skincare products offered to consumers with supposedly “risk-free” trials. The court order resolves the Federal Trade Commission’s charges against them, which the agency announced in mid-2015. A total […]
Monthly Archives: June 2018
Statement of FTC Chairman Joe Simons Regarding Federal Court Ruling in FTC v. AbbVie
Federal Trade Commission Chairman Joe Simons issued the following statement regarding the decision by the U.S. District Court for the Eastern District of Pennsylvania in the case FTC v. AbbVie. The court ruled that AbbVie used sham litigation to illegally maintain its monopoly over the testosterone replacement drug Androgel, and ordered $448 million in monetary […]
FTC and Partners Kick off Military Consumer Month 2018
The Federal Trade Commission and its federal, state and local partners announced today that its month-long recognition of military consumers, Military Consumer Month, kicks off on July 1. This year, the agency and its partners will focus on the fight against imposter scams. “Empowering servicemembers, veterans, and their families is a top priority,” FTC Chairman […]
FTC and New York Attorney General Act Against Phantom Debt Brokers and Collectors
The Federal Trade Commission and the New York Attorney General’s Office have charged two New York-based operations and their principals with running a scheme to collect money from consumers on fake and unauthorized debts. This action is part of the FTC’s continuing crackdown on all players in the phantom debt chain, including those who sell […]
FTC Hosts Semi-Annual Forum for Asia Pacific Privacy Authorities
The Federal Trade Commission hosted the semi-annual meeting of the Asia Pacific Privacy Authorities (APPA) Forum in San Francisco on June 25-26, where members discussed global privacy trends, exchanged ideas about how they approach privacy protection in their own countries, and sought opportunities for cooperation on education and enforcement activities across the Asia Pacific region. […]
Statement by FTC Chairman Simons on DOJ’s Remitting more than $500 Million to FTC for Consumers Deceived in Payday Lending Scheme
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Halts Deceptive Student Debt Relief Scheme that Bilked Consumers out of Millions FTC Commissioners Find that 1-800 Contacts Unlawfully Harmed Competition in Online Search Advertising Auctions, Restricting the Availability of Truthful Advertising to Consumers FTC and Department of Justice Bring Action against Lead-Generator […]
Community Bank Webinar: Current Expected Credit Losses Methodology Q&A Webinar for Community Bankers
FIL-34-2018 June 26, 2018 Community Bank Webinar: Current Expected Credit Losses Methodology Q&A Webinar for Community Bankers Printable Format: FIL-34-2018 – PDF (PDF Help) Summary: The federal banking agencies, in conjunction with the Financial Accounting Standards Board (FASB), the U.S. Securities and Exchange Commission (SEC), and the Conference of State Bank Supervisors (CSBS), will host […]
FTC and DOJ Approve Procedural Changes to HSR Form Instructions
The Federal Trade Commission, with the concurrence of the Antitrust Division of the U.S. Department of Justice, has approved amendments to the Hart-Scott-Rodino Premerger Notification Rules and to the instructions for filling out the form that companies use to report a proposed merger, acquisition, or similar transaction under the Hart-Scott-Rodino Antitrust Improvements Act. The Premerger […]
FTC to Host Workshop in Chicago on Cryptocurrency Scams
WHAT: The Federal Trade Commission will hold a workshop to examine cryptocurrency scams. WHEN: Monday, June 25, 1-4 pm CT WHERE: DePaul University1 East Jackson Blvd., Suite 8005Chicago, IL 60604 WHO: Andrew Smith, Director of the FTC’s Bureau of Consumer Protection, as well as industry representatives, consumer advocates, government officials, researchers, and others. WEBCAST: The […]
FTC, Nevada Obtain Order Permanently Shutting down Revenge Porn Site MyEx
At the request of the Federal Trade Commission and the state of Nevada, a federal court has ordered that a revenge porn site be permanently shut down, and that the operators pay more than $2 million after finding they violated federal and state law by posting intimate images of people and their personal information without […]