News Releases for September 1996
September 30, 1996
- FOR RELEASE: SEPTEMBER 30, 1996
Seller of Distributorship Program for Snack Foods Agrees To Settle FTC Charges
All Snax, Inc., based in Colorado Spring, Colorado, and its president Harvey Waters, have agreed to pay a $20,000 civil penalty to settle federal charges that they failed to give potential investors a complete pre-purchase disclosure document about the business opportunity they sold and documentation to support claimed earnings, as required by the Federal Trade Commission's Franchise Rule. - FOR RELEASE: SEPTEMBER 30, 1996
O’Neill Settles FTC Charges; $10,000 Civil Penalty for Mislabeled Wetsuits
The largest seller of wetsuits in the United States has agreed to settle Federal Trade Commission charges that it failed to accurately list the fiber content of its garments in violation of federal law and a previous FTC consent order. - FOR RELEASE: SEPTEMBER 30, 1996
FTC Negotiates Fix for Opaque Contact Lens Merger
Says Action Will Prevent Higher Prices for Opaque Lenses,
But Allow a Deal that will Strengthen Competitor Against Big 3 Lens Makers
September 27, 1996
- For Your Information: SEPTEMBER 27, 1996
Announced Actions for September 27, 1996
Applications for prior approval of transactions: The FTC has received an application for prior approval of a divestiture from the following. The application will be subject to public comment for 30 days, until Oct. 24.
September 25, 1996
- FOR IMMEDIATE RELEASE: SEPTEMBER 25, 1996
FTC Obtains Injunction Against Wall Coverings and Blinds Company; Massuve Fraud Charged
Millions Stolen from Consumers, Agency Alleges
September 24, 1996
- FOR RELEASE: SEPTEMBER 24, 1996
J.C. Penney Charged by FTC for Alleged Credit Law Violations Agrees To Pay Civil Penalties To Settle Charges
J.C. Penney, one of the largest retail stores in the country, has agreed to pay a $225,000 civil penalty to settle Federal Trade Commission charges that it violated consumers' rights to receive written notice of the reasons for a denial of credit. - FOR RELEASE: SEPTEMBER 24, 1996
FTC Modifies Marriage of Class Ring Makers, Citing Risk of Higher Prices for Students
The planned marriage between two of the four major competitors in the class rings market has been modified under an agreement negotiated by the Federal Trade Commission, which said the original transaction could have raised prices to the more than 1.6 million high school and college students who purchase commemorative class rings in this country every year. - FOR RELEASE: SEPTEMBER 24, 1996
Internet Advertiser Settles FTC Charges: Agency's Online Fraud Enforcement Continues
U.S.Telemedia, a firm that marketed computer chips online, has settled Federal Trade Commission charges that its marketing was deceptive and that it violated the Mail and Telephone Order Merchandise Rule.
September 23, 1996
- FOR IMMEDIATE RELEASE: SEPTEMBER 23, 1996
FTC Recommends that Congress Change the law To Provide Additional Confidentiality Protections for Consumers
In response to members of Congress, particularly Senator Richard H. Bryan, the Federal Trade Commission has recommended that Congress amend the Fair Credit Reporting Act (FCRA) to provide confidentiality protections to certain elements of consumer identification. - FOR RELEASE: SEPTEMBER 23, 1996
CD-Rom Display Rack Franchisors To Pay Redress Under Settlement of FTC Fraud Charges
The Federal Trade Commission has negotiated a settlement with the marketers of CD- ROM display rack businesses that will require them to turn over an estimated $340,000 for a consumer redress fund, dissolve the two corporate defendants, and bar one individual defendant from selling or assisting others to sell any business venture in the future. - FOR RELEASE: SEPTEMBER 23, 1996
American Fortune 900, Strategies Telecom, Inc. Settle FTC Charges over High-Tech Investnment Claims
The Federal Trade Commission has negotiated settlements in two cases against firms pitching high-tech investments to consumers using allegedly false claims about the risk and profit potential of the investments, among other misrepresentations.
September 20, 1996
- FOR RELEASE: SEPTEMBER 20, 1996
Dallas Funeral Homes To Pay $121,600 for Violating FTC's Funeral Rule
Restland Funeral Homes, Inc. of Dallas and four of its subsidiary funeral homes will pay a $121,600 civil penalty to settle Federal Trade Commission charges that they failed to provide customers with itemized general price lists and other information required by the FTC's Funeral Rule. According to the FTC, this is the largest civil penalty in the history of the Funeral Rule enforcement. - For Your Information: SEPTEMBER 20, 1996
FTC Dismisses Its Cases Against Six of the Country's Largest Book Publishers
The Federal Trade Commission has dismissed its cases against six of the country's largest book publishers. - For Your Information: SEPTEMBER 20, 1996
Announced Actions for September 20, 1996
Consent agreements given final approval: Following a public comment period, the Commission has made final consent agreements with the following entities. The Commission action makes the orders binding on the respondents. - For Your Information: SEPTEMBER 20, 1996
Virginia State Bar's Proposal To Require Lawyers for Real Estate Closings Would Likely Harm Consumers, Says FTC and DOJ
Staff of the Federal Trade Commission and the Department of Justice today submitted a joint comment to the Virginia State Bar urging against adoption of the Bar’s proposal to prevent non-lawyers and title company attorneys from handling closings of real estate transactions and refinancings.
September 19, 1996
- FOR RELEASE: SEPTEMBER 19, 1996
Virginia Mail Order Marketer Agrees to Settle Mail-Order and Deceptive Advertising Charges
Telebrands Corporation, a Roanoke, Virginia mail/telephone-order company, and its owner, Ajit Khubani, have reached settlements with the Federal Trade Commission resolving charges that they violated the FTC’s Mail or Telephone Order Merchandise Rule by failing to provide consumers with appropriate and timely notification of a delay in shipping their orders, and by failing to deem an order canceled and make prompt refunds in instances where the company failed to ship the order or to timely obtain the consumer’s consent to a delay.
September 18, 1996
- For Your Information: SEPTEMBER 18, 1996
FTC Announces a Set of Procedural Rule Changes Designed to Streamline Administrative Trial Process
The Federal Trade Commission today announced a set of procedural rule changes designed to streamline the administrative trial process for cases involving violations of various statutes enforced by the agency. - For Your Information: SEPTEMBER 18, 1996
Announced Action for September 18, 1996
Application for prior approval of transaction: The FTC has received an application for prior approval of a transaction from the following. The application will be subject to public comment for 30 days, until Oct. 18.
September 17, 1996
- FOR RELEASE: SEPTEMBER 17, 1996
Ads for Exxon Gasoline are Deceptive, FTC Charges
The Federal Trade Commission today charged that Exxon Corporation has misled consumers by making unsubstantiated advertising claims for Exxon gasoline. - For Your Information: SEPTEMBER 17, 1996
Announced Actions for September 17, 1996
Applications for prior approval of transactions: The FTC has received an application for prior approval of a divestiture from the following. The application will be subject to public comment for 30 days, until Oct. 17.
September 16, 1996
- FOR RELEASE: SEPTEMBER 16, 1996
FTC and Massachuesetts AG Announce Ten Funeral Home in Massachusetts are in Violation of Federal Rule
The largest funeral home "sweep" in the country has just been completed in Massachusetts. Using test shoppers, the Federal Trade Commission and the Massachusetts Attorney General's Office visited forty funeral homes in six Massachusetts cities. - FOR RELEASE: SEPTEMBER 16, 1996
Staff Comments on Open Video Systems
The staff of the Federal Trade Commission has told the Copyright Office that consumers could benefit through lower costs and more robust competition if open video systems (OVS) were covered by the same compulsory licensing arrangement that applies to cable television systems.
September 13, 1996
- For Your Information: SEPTEMBER 13, 1996
Announced Actions for September 13, 1996
Consent agreements given final approval: Following a public comment period, the Commission has made final a consent agreement with the following entity. The Commission action makes the order binding on the respondent.
September 12, 1996
- FOR RELEASE: SEPTEMBER 12, 1996
FTC Requires Restructuring of Time Warner/Turner Deal: Settlement Resolves Charges that Deal Would Reduce Cable Industry Competition
FTC Says Restructuring Designed to Keep Prices Lower for Millions of Cable Customers
September 11, 1996
- FOR RELEASE: SEPTEMBER 11, 1996
Major Debt Collection Agency Agrees to Pay $146,000 Civil Penalty
United Creditors Alliance Corporation, a major nationwide debt collection agency, has agreed to pay a $146,000 civil penalty in settlement of Federal Trade Commission charges that it repeatedly violated the Fair Debt Collections Practices Act (FDCPA). - FOR RELEASE: SEPTEMBER 11, 1996
FTC Announces Results of Another Funeral Homes Sweep
In another series of cases emerging from a nationwide crackdown on funeral homes that fail to give consumers price list and other required information, the Federal Trade Commission today announced seven enforcement actions against funeral home operators in Mississippi.
September 10, 1996
- FOR RELEASE: SEPTEMBER 10, 1996
Joint FTC-Canadian Task Force to Combat Cross-Border Fraud Established
The Federal Trade Commission and Industry Canada today announced the formation of a U.S.-Canadian Task Force on Cross-Border Deceptive Marketing Practices. - FOR RELEASE: SEPTEMBER 10, 1996
Defendants in FTC Candy Vending Machine Case are Banned from Offering Future Business Ventures
Must Post $1.5 Million Bond Before Engaging in Telemarketing
- For Your Information: SEPTEMBER 10, 1996
Announced Actions for September 10, 1996
Commission action regarding applications for prior approval: Following a public comment period, the Commission has ruled on applications for prior approval of transactions from the following entities: - For Your Information: SEPTEMBER 10, 1996
FTC has dismissed its complaint against Coca Cola Bottling Company of the Southwest
The Federal Trade Commission has dismissed its complaint against Coca Cola Bottling Company of the Southwest, in which it had charged that the firm’s acquisition of the San Antonio, Texas-area Dr Pepper franchise violated federal antitrust law.
September 6, 1996
- FOR RELEASE: SEPTEMBER 6, 1996
Remaining Defendants and Four Newly-Named Defendants in FTC Case Charging Deceptive Telemarketing of Medical Equipment Agree to Settlement
Independence Medical, Inc., based in Mount Pleasant, South Carolina, company president, Jerry Rodney Rogers, and Jeffrey S. Marmer, a company officer, have agreed to settle Federal Trade Commission charges stemming from their role in an allegedly deceptive scheme to telemarket medical equipment to consumers nationwide. - FOR RELEASE: SEPTEMBER 6, 1996
Two Major Athletic Footwear Manufacturers Agree not to Misrepresent Origin of Wholly Foreign-Made Shoes
New Balance Athletic Shoes, Inc. and Hyde Athletic Industries, Inc. have agreed to settle Federal Trade Commission charges that they misrepresented that all of their athletic footwear is made in the United States when a substantial amount is made wholly abroad. - For Your Information: SEPTEMBER 6, 1996
Announced Actions for September 6, 1996
Applications for prior approval of transactions: The FTC has received applications for prior approval of transactions from the following. The applications will be subject to public comment for 30 days, until Oct. 7.
September 5, 1996
- FOR RELEASE: SEPTEMBER 5, 1996
Searching for College Money?
FTC Cautions: Do Your Own Homework to Avoid Scholarship Service Rip-Offs
September 3, 1996
- FOR RELEASE: SEPTEMBER 3, 1996
FTC Negotiates Accord to Preserve Competition in Diesel Engine Pistons Market Pending Investigation Outcome
Agency Says Companies Closed Deal Without Antitrust Clearance
Rev. Tuesday, April 01, 2003 16:52 -0500