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Greenway Auto Group has agreed that its price advertisements will prominently include the actual price a consumer must pay for a vehicle, excluding only charges the government requires consumers to pay, to settle the Commission’s lawsuit alleging the company advertised prices that were thousands of dollars below what it actually charged.
Franchisor Premier Franchising Group LLC (PFG) and its former franchise sales organization, Franchise Fastlane LLC (FFL), will pay $1.85 million to settle Federal Trade Commission allegations that they made misleading representations about the Premier Martial Arts (PMA) franchise opportunity and violated the Franchise Rule.
Under the proposed settlement with PFG, certain franchisees will be given the option to cancel their franchise agreements without penalty.
The Federal Trade Commission, joined by the Utah and Nevada Attorneys General, sued to stop a long-running deceptive pricing scheme run by contact lens retailer Lens.com Inc.
In a joint complaint, the FTC, Utah and Nevada allege that Lens.com, along with its owner Cary Samourkachian and an affiliated entity Speed Commerce LLC (together referred to as Lens.com), advertise artificially low prices for contact lenses but then charge consumers much higher prices through substantial, mandatory “Taxes & fees” charges.
Lens.com’s hidden fees routinely double the price it advertises for contact lenses, costing consumers hundreds of millions of dollars, the complaint alleges.