Tag: ftc
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FTC Mandates Divestiture in Aurobindo-Lannett Merger to Curb Drug Costs
The Federal Trade Commission has ordered Aurobindo Pharma Limited to divest four generic drug products as part of its $250 million acquisition of Lannett Company Inc., aiming to prevent higher drug costs for American patients.
BusinessLaw EnforcementHealthEconomyLegalMedical Science Federal Trade CommissionFTCAurobindo Pharma LimitedLannett Company Inc.generic drugsdrug costsdivestiture
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FTC Sues to Stop Sprawling Enterprise Operating Unlawful Subscription Schemes
The FTC secured a temporary court order against the Genesis Tech enterprise, comprising 15 corporations and eight individuals. They are accused of operating deceptive internet subscription schemes, billing consumers without authorization, and making cancellations difficult, prompting federal intervention.
Law EnforcementBusinessPolitics and GovernmentFederal GovernmentLegalEconomySocial Issues Federal Trade CommissionFTCGenesis TechSubscription SchemesConsumer ProtectionDeceptive PracticesFederal Court
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FTC, States Sue World Professional Association for Transgender Health Over Deceptive Claims
The FTC and four states are suing WPATH, alleging the organization facilitated deceptive claims by medical providers to parents regarding pediatric transgender health services, profiting from these unsubstantiated practices.
Politics and GovernmentLaw EnforcementBusinessFederal GovernmentState GovernmentsLegalSocial Issues FTCWPATHLawsuitTransgender HealthPediatric Medical TransitionDeceptive ClaimsStates
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FTC Reports $3.5 Billion Lost to Imposter Scams in 2025
New FTC data reveals consumers lost $3.5 billion to imposter scams in 2025, nearly tripling losses since 2020. Imposter scams were the most reported fraud, highlighting a significant and growing financial threat.
Politics and GovernmentLaw EnforcementBusinessFederal GovernmentLegalSocial IssuesEconomy FTCImposter ScamsFraudConsumer ProtectionFinancial Loss2025Scams
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FTC Returns Nearly $3 Million to Victims of Mortgage Relief Scam
The FTC is distributing almost $3 million to consumers who fell victim to the Golden Home Services mortgage relief scheme. The fraudulent operation, also known as Home Matters USA, falsely promised to lower mortgage payments and prevent foreclosures, deceiving homeowners…
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyLegalSocial Issues FTCMortgage Relief SchemeConsumer ProtectionFraudGolden Home ServicesHome Matters USARestitution
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FTC Issues Report to Congress on Adoption Practices
The Federal Trade Commission has issued a report to Congress detailing its efforts to protect consumers in private adoption. The report highlights the agency's focus on ensuring honest advertising by third-party intermediaries, who charge substantial fees for their services.
Politics and GovernmentBusinessFederal GovernmentCongressLegalSocial Issues FTCAdoptionConsumer ProtectionPrivate AdoptionIntermediariesAdvertising
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FTC Halts Deceptive Mortgage Relief Operation Targeting Homeowners
The FTC has temporarily halted a deceptive mortgage assistance relief operation in California. The scheme allegedly targeted homeowners, falsely claiming CARES Act affiliation and charging unlawful upfront fees for mortgage relief.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomyFinancial MarketsSocial Issues FTCMortgage AssistanceCARES ActFraudHomeownersCaliforniaLawsuit
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FTC, Nevada Secure Nearly $10 Million from Tax-Relief Scammers
The FTC and Nevada have reached a settlement requiring tax-relief scammers to pay nearly $10 million in cash and assets. The operators misled consumers by impersonating government authorities and promising false tax debt relief.
Law EnforcementPolitics and GovernmentBusinessFederal GovernmentState GovernmentsLegalEconomySocial Issues FTCNevadaTax Debt ReliefScamSettlementConsumer ProtectionFraud
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Shutterstock to Pay $35 Million in FTC Settlement Over Subscription Practices
Shutterstock will pay $35 million to settle FTC allegations regarding illegal subscription and cancellation practices. The digital media platform was accused of charging consumers without consent and making cancellations difficult.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomySocial Issues ShutterstockFTCSettlementSubscriptionsCancellation PracticesDeceptive PracticesDigital Media
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FTC and Illinois Sue Company Over Thousands of Fake Home Repair Listings
The FTC and Illinois are suing Premium Home Service for creating thousands of fake online listings and using false reviews for home repair businesses. This action aims to stop deceptive practices and protect consumers from fraudulent schemes.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentState GovernmentsLegalEconomySocial Issues Premium Home ServiceFTCIllinoisHome RepairFraudOnline ListingsFake Reviews