News Releases for October 1996

October 31, 1996

October 29, 1996

  • FOR RELEASE: OCTOBER 29, 1996
    Sage Seminars Settles FTC Charges; Motivational Seminar Marketer Banned from Franchise Business
    Sage Seminars, Inc., a franchisor of opportunities to produce "Dreamwalk" motivational seminars, has agreed to settle Federal Trade Commission charges that it overstated the earnings of potential investors in the franchise, in violation of the FTC’s Franchise Rule and the FTC Act. Under the terms of the settlement, William R. Dempsey and Peggy Ann Davenport, owners and officers of the company, will be banned from the sale or marketing of any franchise or similar business venture in the future and from offering employment opportunities for which they charge money.
  • For Your Information: OCTOBER 29, 1996
    Announced Actions for October 29, 1996
    Applications for approval of transactions: The FTC has received an application for approval for a transaction from the following. The FTC is seeking public comments on the application for 30 days, until Nov. 29.

October 28, 1996

  • FOR RELEASE: OCTOBER 28, 1996
    FTC Wants the Low Down of Feather Merchant Guides
    The Federal Trade Commission is seeking public comment about whether the guides for the feather and down industry should be expanded to include a rating system disclosing the warmth of down products, similar to the R-Value ratings for home insulation.

October 25, 1996

  • For Your Information: OCTOBER 25, 1996
    Announced Actions for October 25, 1996
    Applications for approval of transactions: The FTC has received an application for approval for a transaction from the following. The FTC is seeking public comments on the application for 30 days, until Nov. 25.

October 24, 1996

  • For Your Information: OCTOBER 24, 1996
    FTC Has Repealed its Used Oil Rule
    The Federal Trade Commission has repealed its Used Oil Rule, stating that the rule’s labeling and advertising requirements for engine oils have been preempted by the Recycled Oil Rule, which the agency promulgated in October 1995 as required by the Energy Policy and Conservation Act (EPCA).

October 23, 1996

October 22, 1996

  • For Your Information: OCTOBER 22 1996
    Announced Actions for October 22, 1996
    Commission action regarding applications for approval: Following public comment periods, the Commission has ruled on applications for approval of transactions from the following:

October 21, 1996

October 18, 1996

  • For Your Information: OCTOBER 18, 1996
    Announced Actions for October 18, 1996
    Commission action regarding applications for approval: Following a public comment period, the Commission has ruled on an application for approval of a transaction from the following entity.

October 16, 1996

October 11, 1996

  • For Your Information: OCTOBER 11, 1996
    Announced Actions for October 11, 1996
    Applications for approval of transactions: The FTC has received an application for prior approval for an acquisition from the following. The FTC is seeking public comments on the application for 30 days, until Nov. 12.

October 10, 1996

October 9, 1996

  • FOR RELEASE: OCTOBER 9, 1996
    One of the Individual Defendants in a FTC "Recovery Room" Fraud Case Agrees To Settle
    Russell Mann, one of the remaining defendants sued by the Federal Trade Commission over his role in an allegedly deceptive telemarketing scheme that purported to recover money consumers lost to investment fraud, has agreed to post a $200,000 performance bond to protect consumers before engaging in, or assisting others in, any telemarketing activities in the future.

October 8, 1996

  • For Your Information: OCTOBER 8, 1996
    Announced Actions for October 8, 1996
    Commission action regarding applications for approval: Following a public comment period, the Commission has ruled on applications for approval of divestitures from the following:

October 7, 1996

October 4, 1996

  • FOR RELEASE: OCTOBER 4, 1996
    FTC Updates the "Green Guides"
    Changes Keep Pace with Evolving Consumer Perceptions, and New Environmental Claims
    New Guidance on Recyclable Claims to Await Study Results

October 3, 1996

October 2, 1996

  • FOR RELEASE: OCTOBER 2, 1996
    David Del Dotto Agrees to Settle FTC Charges He Misrepresented "Money-Making" Real Estate Program; Will Pay $200,000 Judgment
    Del Dotto Enterprises, Inc., NFN Inc., and David P. Del Dotto have agreed to settle Federal Trade Commission charges that Del Dotto and his companies made allegedly deceptive claims in marketing a set of books and audio tapes about purchasing real estate and obtaining credit -- known as the "Cash Flow System," -- including claims that it has helped hundreds of thousands of consumers make substantial sums of money buying and selling real estate.
  • FOR RELEASE: OCTOBER 2, 1996
    FTC Settlement in Advance-Fee Loan Scheme Includes $10,000 for Redress, $250,000 Bond Requirement
    Patricia Esme Popp has agreed to pay $10,000 to settle Federal Trade Commission charges that she enticed consumers to call her nationally-advertised 800 number with promises of "guaranteed" loans. In fact, all she did was refer consumers to other firms to which they could apply for loans, the FTC alleged.
  • For Your Information: OCTOBER 31, 1996
    FTC gives testimony before the Senate Special Committee on Aging
    The Federal Trade Commission has told the Senate Special Committee on Aging that a new industry-sponsored education and certification program in the funeral industry may signal a "new attitude of cooperation on the part of industry" and may help increase compliance with the FTC’s Funeral Rule.

October 1, 1996

  • For Your Information: OCTOBER 1, 1996
    Announced Actions for October 1, 1996
    Commission action regarding petitions to reopen and modify FTC orders: Following a comment period, the FTC has ruled on a petition from the following:
  • FOR RELEASE: OCTOBER 1, 1996
    Another "Project Telesweep" Defendant To Pay Civil Penalty in FTC Business Opportunity Case
    National Marketing, Inc., and its officer, Paul Woodward, have agreed to pay a $15,000 civil penalty to settle federal charges that they failed to give potential investors pre-sale disclosures about the business opportunity they sold and documentation to support claimed earnings, as required by the Federal Trade Commission's Franchise Rule.
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Rev. Thutdday, October 31, 1996

Last Modified: Friday, June 24, 2011