FTC-PR-240227-2 (Feb. 27, 2024) FTC Action Leads to Ban for Owners of Automators AI E-Commerce Money-Making Scheme – Settlement requires scheme owners and operators to turn over millions in assets for refunds to consumers harmed by bogus earnings promises The owners of a money-making scheme that claimed to use artificial intelligence to boost earnings for […]
Category: FTC-2402
Federal Trade Commission
Press Releases and other Announcements
for the Month of February 2024
FTC-PR-240226-2 (Feb. 26, 2024) FTC Action Leads to Ban for Company and Its Owner Who Failed to Ship PPE ‘Next Day’ at Height of Pandemic – Proposed court order would ban Kevin Lipsitz and SuperGoodDeals from selling protective equipment, requires Lipsitz to turn over more than $145,000 As a result of a Federal Trade Commission […]
FTC-PR-240226-1 (Feb. 26, 2024) FTC Challenges Kroger’s Acquisition of Albertsons – Largest supermarket merger in U.S. history will eliminate competition and raise grocery prices for millions of Americans, while harming tens of thousands of workers, FTC alleges The Federal Trade Commission today sued to block the largest proposed supermarket merger in U.S. history—Kroger Company’s $24.6 […]
FTC-PR-240223-1 (Feb. 23, 2024) FTC Finalizes Order with Global Tel*Link Over Security Failures that Led to Breach of Sensitive Data The Federal Trade Commission has finalized an order with prison communications provider Global Tel*Link Corp. and two of its subsidiaries settling charges they failed to secure sensitive data of hundreds of thousands of users and […]
FTC-PR-240220-1 (Feb. 20, 2024) FTC Sends Almost 160,000 Claim Forms to Consumers Who Could Receive Money Under a Settlement with LasikPlus Providers Over Deceptive Price Advertising The Federal Trade Commission is sending claim forms to consumers who may have been misled by deceptive bait-and-switch advertising by Ohio-based LCA-Vision, doing business as LasikPlus and Joffe MediCenter […]
FTC-PR-240216-2 (Feb. 16, 2024) FTC Staff Provides Annual Letter to CFPB On 2023 Equal Credit Opportunity Act Activities The staff of the Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) an annual summary of its enforcement and related activities (PDF) on the Equal Credit Opportunity Act (ECOA). Date: Feb. 16, 2024 Accessed: Sep. 9, […]
FTC-PR-240216-1 (Feb. 16, 2024) FTC, California DFPI Case Leads to Ban Against Operators of Mortgage Relief Scam Home Matters USA – Court finds defendants deceived thousands of consumers, requires payment of $19 million for consumer refunds and civil penalties A federal court has issued an order banning the operators of the Home Matters USA mortgage […]
FTC-PR-240215-1 (Feb. 15, 2024) FTC Order Will Ban California-based Company from COVID-19 Advertising Claims – Case was part of the Commission’s efforts to combat COVID-related health fraud The Federal Trade Commission today announced a proposed settlement that would ban California-based Precision Patient Outcomes, Inc. (PPO) and the company’s CEO Margrett Priest Lewis from claiming that […]
FTC-PR-240214-3 (Feb. 14, 2024) Court Enters $20.3 Million Judgment in FTC Case Against Merchant Cash Advance Operator Jonathan Braun for Deceiving Small Businesses and Unlawfully Seizing Assets Court’s judgment follows the permanent injunction imposed against Braun issued in October 2023 As a result of a Federal Trade Commission lawsuit, a federal court has entered a […]
FTC-PR-240209-2 (Feb. 9, 2024) FTC Obtains $195 Million Judgment, Permanent Ban on Telemarketing and Selling Healthcare Products Against Simple Health Over Charges It Sold Sham Health Insurance – FTC charged that Simple Health claimed to offer health care insurance with comprehensive coverage and instead effectively left most consumers uninsured The Federal Trade Commission has obtained […]