News & Analysis as of

Federal Trade Commission (FTC) Consumer Review Fairness Act (CRFA) Unfair or Deceptive Trade Practices

Ballard Spahr LLP

FTC obtains preliminary injunction against Seek Capital and CEO Roy Ferman

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A federal judge has issued a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman, barring the company from making false claims and forbidding the company from contacting any consumers whose...more

Ballard Spahr LLP

FTC takes action against small business lender Seek Capital

Ballard Spahr LLP on

The FTC filed a complaint in the U.S. District Court for the Central District of California against Seek Capital and its CEO, Roy Ferman, alleging that the company operated a bogus business finance scheme that cost small...more

Hudson Cook, LLP

Federal Trade Commission Sues Business Financing Company for Allegedly Misleading Consumers

Hudson Cook, LLP on

On November 4, 2024, the Federal Trade Commission sued Seek Capital, LLC, and Roy Ferman, Seek's founder and CEO, for allegedly violating several federal laws, including Section 5 of the Federal Trade Commission Act ("FTC...more

Wiley Rein LLP

Wiley Consumer Protection Download (September 17, 2024)

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Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

Cozen O'Connor

FTC to Adoption Intermediaries: Don’t Kid Around with Misleading Practices

Cozen O'Connor on

The FTC sent warning letters to 31 companies offering adoption intermediary services, warning them that misleading, unfair, or deceptive practices that harm prospective adoptive or birth parents may violate the FTC Act and...more

Lowenstein Sandler LLP

The FTC Actively Enforcing Truthful Review and Endorsement Practices

Lowenstein Sandler LLP on

Third-Party Review Services are a Focus- On January 25, the Federal Trade Commission announced that Fashion Nova LLC will be prohibited from suppressing customer reviews of its products and required to pay $4.2 million to...more

Cozen O'Connor

The State AG Report Weekly Update May 2019 #3

Cozen O'Connor on

Cannabis/Marijuana- Bipartisan Coalition of 38 Attorneys General Urge Congress to Protect Banks Serving Marijuana Industry- The National Association of Attorneys General (“NAAG”) sent a letter, signed by a bipartisan...more

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