On Friday, the FTC announced what would ordinarily be an unremarkable enforcement action against a company for unsubstantiated earnings claims. The FTC alleges that WealthPress, an investment advice company purporting to offer training from experts on trading strategies, made a series of unsubstantiated earnings claims such as “make $24,840 or more every single week,” “track the BIG money,” and the opportunity may “quite literally transform your life.” https://www.adlawaccess.com/2023/01/articles/two-firsts-for-ftc-civil-penalty-enforcement-rosca-for-automatic-renewals-and-penalty-offense-authority-for-money-making-claims/ Donnelly McDowell dmcdowell@kelleydrye.com (202) 342-8645 Bio - https://www.kelleydrye.com/Our-People/Donnelly-L-McDowell John Villafranco jvillafranco@kelleydrye.com (202) 342-8423 Bio - https://www.kelleydrye.com/Our-People/John-E-Villafranco Subscribe to the Ad Law Access blog - www.adlawaccess.com/subscribe/ Subscribe to the Ad Law News Newsletter - https://www.kelleydrye.com/News-Events/Publications/Newsletters/Ad-Law-News-and-Views?dlg=1 View the Advertising and Privacy Law Resource Center - https://www.kelleydrye.com/Advertising-and-Privacy-Law-Resource-Center Find all of our links here linktr.ee/KelleyDryeAdLaw Hosted by Simone Roach
Information
- Show
- FrequencyUpdated Daily
- PublishedJanuary 19, 2023 at 9:24 PM UTC
- Length6 min
- RatingClean