The FTC announced two victories in separate actions against Personal Protective Equipment (“PPE”) companies and secured more than $17 million for consumers. In the two cases, the FTC has alleged that California-based Glowyy and Louisiana-based American Screening each failed to deliver PPE products within promised time periods during the early stages of the COVID-19 pandemic. In addition, the FTC announced a new action and consent agreement against online homebuying firm Opendoor Labs, Inc. for allegedly misleading claims about the benefits of its service. Last, the Commission is sending checks totaling more than $1 million to 1,966 consumers who were harmed by a debt collection scam. These stories and more after the jump.Continue Reading FTC Updates (August 1-5, 2022)
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FTC Updates (June 6-10, 2022)
By Fan Cheng & Holly Melton on
Posted in Federal Trade Commission, FTC
The past week witnessed a big win to the FTC—its lawsuit against RCG Advances, LLC and its owner Robert Giardina has resulted in a permanent ban and return of more than $2.7 million to consumers. In the meantime, the Commission is sending checks totaling more than $164,000 to consumers who were harmed by a bogus mortgage relief scam. Lastly, the FTC initiated a new action against California-based Gravity Defyer Medical Technology Corporation and its owner Alexander Elnekaveh for allegedly deceptive pain-relief claims for Gravity Defyer footwear. These stories and more after the jump.Continue Reading FTC Updates (June 6-10, 2022)