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<p>Every year the FTC&nbsp;brings hundreds of cases against individuals and companies for violating consumer protection and competition laws that the agency enforces.&nbsp;These cases can involve fraud, scams, identity theft, false advertising, privacy violations,&nbsp;anti-competitive behavior and more.&nbsp;The Legal Library has&nbsp;detailed information about cases&nbsp;we have&nbsp;brought in federal court or through&nbsp;our&nbsp;internal administrative process, called an adjudicative proceeding.&nbsp;</p>

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Cases and Proceedings

Social Finance, Inc. and Sofi Lending Corp., In the Matter of

In October 2018, the FTC announced that online student loan refinancer SoFi Lending Corp. (SoFi) agreed to stop misrepresenting how much money student loan borrowers have saved, or will save, by refinancing their loans with the company. The Commission approved the final consent in February 2019. In its administrative complaint, announced concurrently with the proposed settlement, the FTC alleged that since April 2016 SoFi made prominent false statements about loan refinancing savings in television, print, and Internet advertisements.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
162 3197
Displaying 41 - 60 of 129
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