Finance

FTC Approves Final Order Requiring Mastercard to Stop Blocking the Use of Competing Debit Payment Networks

Following a public comment period, the Federal Trade Commission finalized a consent order settling charges that Mastercard used illegal business tactics to force merchants to route...

Federal Court Finds James D. ‘Jay’ Noland, Jr., Operator of ‘Success By Health’ and ‘VOZ Travel,’ in Contempt of Court Order Barring Pyramid Schemes

A federal court sided with the Federal Trade Commission, ruling that James D. Noland, Jr. illegally owned and operated two pyramid schemes—Success By Health (SBH)...

Statement Regarding the Termination of Boston Scientific Corporation’s Attempted Acquisition of a Majority Stake in M.I. Tech Co., Ltd.

In response to the announcement that Boston Scientific Corporation and non-vascular stent manufacturer M.I. Tech Co., Ltd. have terminated their $230 million purchase agreement,...

FTC Says Ed Tech Provider Edmodo Unlawfully Used Children’s Personal Information for Advertising and Outsourced Compliance to School Districts

The Federal Trade Commission has obtained an order against education technology provider Edmodo for collecting personal data from children without obtaining their parent’s consent...

FTC Sends More Than $557,000 to Consumers Harmed by Credit Card Interest Rate Reduction Scam

The Federal Trade Commission is sending payments totaling more than $557,000 to consumers who paid money to GDP Network, LLC (YF Solution), a Florida-based...

FTC Suit Leads to $16.7 Million Judgment Against Principals and Celebrity Endorsers of Real Estate Investment Training Program

As a result of a lawsuit filed by the Federal Trade Commission and the Utah Division of Consumer Protection (DCP), the principals of a...

FTC Files Brief in Jones v. Google in Support of Appeals Court Ruling that COPPA Does Not Preempt Plaintiffs’ State Privacy Claims

The Federal Trade Commission filed a brief arguing that the Children’s Online Privacy Protection Act (COPPA) does not preempt state privacy laws that are...

FTC Proposes Amendments to Strengthen and Modernize the Health Breach Notification Rule

The Federal Trade Commission is seeking comment on proposed changes to the Health Breach Notification Rule (HBNR) that include clarifying the rule’s applicability to...

FTC Warns About Misuses of Biometric Information and Harm to Consumers

The Federal Trade Commission today issued a warning that the increasing use of consumers’ biometric information and related technologies, including those powered by machine...

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