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FTC Sends a Flurry of Notices of Penalty Offenses, Warns of Steep Penalties for Unfair and Deceptive Business Practices

The Federal Trade Commission (“FTC”) recently sent Notices of Penalty Offenses (“Notices”) to more than 700 businesses, including consumer products companies, retailers and retail platforms, and advertising agencies, warning them about various practices that the FTC previously determined to be unfair or deceptive in violation of the FTC Act. The Notices identify a number of…

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The FTC is Not Sleeping on Allegedly False “Made in USA” Claims by Mattress Company

The Federal Trade Commission (“FTC”) reached a settlement with Ran Reske, the owner of mattress company Resident Home LLC d/b/a/ Nectar Sleep and other brands (collectively, “Nectar Sleep”), to resolve allegations that Nectar Sleep made false advertising claims in violation of the FTC Act and the FTC’s Made in USA Labeling Rule. According to the…

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Reverse Mortgage Provider Allegedly Misled Consumers Despite 2016 Consent Decree

The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with reverse mortgage provider American Advisors Group (“AAG”) to resolve allegations that it engaged in deceptive conduct to market and sell its reverse mortgages in violation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Act”).

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FTC Distributes More than $3.1 Million to Consumers Allegedly Targeted by Bogus Promises of Income Opportunities

The Federal Trade Commission (“FTC”) returned more than $1.1 million to consumers who were allegedly targeted by 8 Figure Dream Lifestyle LLC and related entities and individuals with a combination of illegal robocalls, live telephone calls, a variety of electronic media, and live events to sell programs that would lead to high income. In reality,…

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Florida Attorney General and FTC Partner in Settlement Against Company Targeting Prisoners

Florida AG Ashley Moody and the Federal Trade Commission (“FTC”) reached a settlement with the operator of magazine subscription service Inmate Magazine Service, Inc. and related entities (collectively “Inmate Magazine Service”), and its owner, Roy Snowden, to resolve allegations that Inmate Magazine Service failure to deliver magazines as promised violated the FTC Act and the FTC’s Mail, Internet, or Telephone Order Merchandise Rule as well as the Florida Deceptive and Unfair Trade Practices Act.

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