Consumer Investigative Release With Case Laws In Wake
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On its face, Section 13(b) authorizes the Commission to seek preliminary injunctions to stop on-going deceptive practices pending the completion of the Commission's administrative process. Deceptive practices, however, are transitory.
The FTC's Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights ...
Penalty Offenses Concerning Bait & Switch The FTC has issued a Notice that it has determined that bait and switch sales practices are unfair or deceptive trade practices, and violate the FTC Act.
The question was whether and how the Commission could use Section 13(b) effectively in those cases. On its face, Section 13(b) authorizes the Commission to seek preliminary injunctions to stop on-going deceptive practices pending the completion of the Commission's administrative process.
(b)(1) No officer or director of an issuer, or any other person acting under the direction thereof, shall directly or indirectly take any action to coerce, manipulate, mislead, or fraudulently influence any independent public or certified public accountant engaged in the performance of an audit or review of the ...
6(g)…the Federal Trade Commission is authorized to promulgate rules defining the meaning of the statutory standards of the illegality the Commission is empowered to prevent”).
Section 5 of the Federal Trade Commission Act (FTC Act) (15 USC 45) prohibits ''unfair or deceptive acts or practices in or affecting commerce. '' The prohibition applies to all persons engaged in commerce, including banks.
The Attorney General serves as the guardian of the legal rights of the people of New York, its organizations, and its natural resources. As the state's chief legal counsel, the Attorney General advises the executive branch of state government, and defends actions and proceedings on behalf of the state.
What Is CID – Civil Investigative Demand Under 31 USC 3733? A civil investigative demand (CID) is a legal tool that federal agencies use to request documents, testimony, or other information before filing a lawsuit.