Tag Archives: Federal Trade Commission Act

SCOTUS Opinion: Federal Trade Commission Act Does Not Permit Awards Of Monetary Relief

In AMG Capital Management, LLC v. FTC, the Federal Trade Commission sued Scott Tucker and his companies for deceptive payday lending practices in violation of the Federal Trade Commission Act. The district court granted an injunction to stop further such practices, and also invoked Section 13(b) of the Act to order Tucker to pay $1.27 billion in restitution and disgorgement ... Read More