BASF SE, In the Matter of

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In the Matter of BASF SE, a corporation, BASF CORPORATION, a corporation, and DIEM LABS, LLC, a limited liability company, et al.
FTC Matter/File Number:

192 3088

Case Summary

In April 2021, two companies, BASF SE and DIEM Labs, agreed to pay a total of more than $416,000 to settle FTC charges that they deceptively marketed two dietary fish oil supplements as clinically proven to reduce liver fat in adults and children with non-alcoholic fatty liver disease (NAFLD). The payment will enable the Commission to provide refunds to all consumers who bought either supplement. They also were barred from the allegedly illegal conduct. The Commission announced approval of the final consent orders in June 2021.