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Western Union refund application deadline is May 31st

Lesley Fair
Chances are that people you know were duped by scammers and wired the money via Western Union between January 1, 2004 and January 19, 2017. This Thursday, May 31st, is the deadline for consumers to file claims to get money back from the FTC’s and the Department of Justice’s settlement with Western Union . Do your friends a favor and tell them about the deadline. While you’re at it, could you convey another important message about how to spot...

Coming Soon: what’s new in residential real estate brokerage competition?

Jessica Drake, Bureau of Competition
More than ten years ago, the FTC and the Department of Justice published a joint report outlining some concerns about impediments to competition in the residential real estate industry. At an upcoming June 5 workshop co-hosted by both agencies , a wide range of experts will explore what competition looks like today. When the 2007 report was issued, the internet was young, and innovative real estate agents had just begun to create “virtual office...

FTC says consumers struck out by deceptive business “coaching” pitches

Lesley Fair
Vision Solution Marketing and related defendants pitch services to prospective entrepreneurs and people looking to supplement their income. Among the defendants’ products is business “coaching” that sets people back as much as $13,995. But given the host of alleged misrepresentations cited in a lawsuit filed in federal court in Utah, the FTC says the defendants definitely aren’t playing on consumers’ team. The defendants’ telemarketing operations...

FTC challenges robocallers’ false threat that small businesses will be “removed” from Google

Lesley Fair
Imagine getting a prerecorded robocall claiming to be from a “data service provider for Google” giving you “final notice” that “If you do not act soon, Google will label your business as permanently closed.” Second only to a fire alarm going off, that constitutes an ASAP emergency for many small business owners. But those robocall warnings aren’t from Google. According to a lawsuit filed by the FTC , the ones we’re challenging are from Florida...

Decrypting cryptocurrency scams: FTC hosts workshop in Chicago

Lesley Fair
You can say this about scammers: They tend toward the trendy. As new products and services enter the marketplace, it’s not long before fraudsters find a way to exploit consumer interest in the innovation to make a quick buck. Cryptocurrencies are no exception, which is why the FTC is hosting a workshop in Chicago on June 25, 2018, Decrypting Cryptocurrency Scams . We’ve already seen the traditional troika of deception – false money-making...

You don’t have to write a check to acquire an HSR-reportable interest

Premerger Notification Office Staff
If your HSR compliance program tracks only those acquisitions that require a payment, you may miss a variety of reportable acquisitions, leading to liability and fines for failures to file. In most situations, you have to file notification under the Hart-Scott-Rodino Act before you pay to purchase voting securities, assets, or certain non-corporate interests. As a result, many HSR compliance programs kick in when someone has to write a check...

Decision bolsters FTC position on soundboard tech

Janice Kopec
On April 27, 2018, the United States Court of Appeals for the D.C. Circuit dismissed a challenge to a November 2016 FTC staff letter addressing certain prerecorded calls or “robocalls” using soundboard technology. Soundboard robocalls use live agents to play recorded messages instead of talking to the person who picks up the phone. Over the years, the FTC has received numerous complaints about these calls from consumers reporting that they weren...

A word about substantiation as mosquito season approaches (and a bit about endorsements, too)

Lesley Fair
Mosquitoes don’t just bug us. A big concern is their penchant for passing along pernicious diseases, including the Zika virus. New Jersey-based Aromaflage claimed its sprays and candles were effective at repelling mosquitoes – including ones that spread serious illnesses – and repelled mosquitoes as effectively as 25% DEET. The FTC alleges those representations were false or misleading. The complaint also raises an issue about the identity of...

Listen up! FTC challenges hearing claims for MSA 30X device

Lesley Fair
Why are you mumbling? The TV is not too loud! What did you say? This restaurant is like Grand Central Station. For millions of Americans, an unwelcome “I’m turning into my parents” milestone is noticing that conversations aren’t as clear as they used to be. Hearing aids can be pricey though and aren’t covered by traditional Medicare or most insurance. Three related Florida businesses stepped into the marketplace with MSA 30X, a device advertised...

FTC-FDA warning letters ask: Is it a kids’ treat – or a tobacco product?

Lesley Fair
Sometimes a picture really is worth a thousand words. According to warning letters from the FDA and FTC , certain sellers of e-liquids – flavorings for e-cigarettes – are using packaging that imitates foods or beverages popular with children. Little kids who ingest what’s inside boxes that appear to be apple juice, cookies, candy, etc., risk acute nicotine toxicity, poisoning that can result in seizure, coma, cardiac and respiratory arrest, and...