WebApr 22, 2024 · Federal Trade Commission. At issue in AMG was the legitimacy of the FTC’s longstanding use of Section 13b of the FTC Act—which facially allows the FTC to seek only injunctive relief to stop practices it views as unfair and deceptive—to recover money damages. Specifically, the FTC expanded its campaign to stretch the s WebMar 16, 2024 · For nearly 30 years, the Federal Trade Commission (FTC) has sought, and federal courts awarded, monetary redress for consumers in actions brought under …
FTC Act Section 13b for Equitable Monetary Relief - The …
WebApr 29, 2024 · Federal Court: The FTC can sue in federal court under §13 (b) of the FTC Act to enjoin a defendant when the defendant “is violating, or is about to violate” a law that the FTC enforces and such an injunction is in the public’s interest. While courts have historically read §13 (b) as giving the FTC an implied right to recover equitable ... WebApr 29, 2024 · For example, the FTC recently sought monetary penalties under the COVID-19 Consumer Protection Act in a federal complaint filed by the US Department of Justice on the FTC’s behalf. The Act, passed in 2024, makes it illegal “under the FTC Act to engage in deceptive marketing related to the treatment, cure, prevention, mitigation or diagnosis ... murders in blantyre scotland
FTC Sends Notice of Potential Penalties to Approximately …
WebApr 26, 2024 · Since the 1970s, the Federal Trade Commission has used its authority under Section 13(b) of the FTC Act to secure consumer redress for frauds and scams perpetrated on consumers. 1 On April 22, 2024, the U.S. Supreme Court, in AMG Capital Management, LLC v. FTC, struck down that oft-used authority, ruling that the statutory … WebSep 23, 2024 · Just this recent court ruling that put at risk the little known but vital important provision of the FTC Act 13B, which allows the FTC to go to court to obtain refunds and other redress for consumers--the 10 billion dollars for example in the Volkswagen case--without this provision, the core mission of the FTC would be crippled. ... WebOct 21, 2024 · Last week, in FTC v.AbbVie Inc., the U.S. Court of Appeals for the Third Circuit ruled that Section 13(b) of the Federal Trade Commission Act, which expressly gives the FTC authority to obtain injunctive relief, does not allow a district court to order disgorgement. In July 2024, the U.S. Supreme Court agreed to decide whether Section … how to open elevator in horrific housing 2023