WebMay 19, 2024 · The Federal Trade Commission, through its refund administrator, is mailing 690,000 checks totaling more than $152 million to consumers who lost money to a massive payday lending fraud scheme operated by AMG Services, Inc. and the company’s … Use this tool to confirm that your AMG refund check is from the FTC. If you … WebApr 29, 2024 · Nonetheless, courts for years have ordered consumer redress, including disgorgement and restitution under Section 13(b) in response to agency requests. 1 AMG Capital Management petitioned the Supreme Court to review the FTC’s authority to seek equitable monetary relief after the Ninth Circuit affirmed the District Court’s decision …
FTC v. AMG: What’s Next for FTC Enforcement Actions?
WebMay 25, 2024 · Last Month, in AMG Capital Management, LLC v.FTC, the Supreme Court ruled that Section 13(b) of the FTC Act does not allow for monetary remedies.While the importance of this ruling is plain, its implications are only now becoming more clear. Just yesterday, for example, in FTC v.Cardiff, a California federal court found the FTC liable … WebDec 3, 2024 · The Ninth Circuit affirmed the district court's grant of summary judgment for the FTC, as well as a relief order, in an action alleging that a defendant's business practices violated section 5 of the Federal Trade Commission Act. Defendant offered high interest, short term payday loans through various websites that each included a Loan Note with … tribal elephant head
FTC v. AMG: What’s Next for FTC Enforcement Actions?
WebMay 6, 2024 · If you have any questions regarding this Sidley Update, please contact the Sidley lawyer with whom you usually work, or. Karen Kazmerzak. Partner. [email protected] +1 202 736 8068. Washington, D.C. Diane C. McEnroe. Partner. [email protected] +1 212 839 5621. New York. WebApr 23, 2024 · In the matter of the FTC vs. AMG Capital Management, the Court ruled in favor of AMG and its founder, Scott Tucker, who took more than $1.3 billion from consumers through a deceptive payday ... WebOct 6, 2024 · The Federal Trade Commission is mailing over 1.1 million refund checks totaling more than $505 million to people who were deceived by AMG Services, Inc. and related companies, who operated a ... teori information seeking