The legal library gives you easy access to the FTC’s case information and other official legal, policy, and guidance documents.
Richard D. Fairbank, U.S. v.
Richard Fairbank, CEO of Capital One Financial Corp., has agreed to settle Federal Trade Commission charges that his March 8, 2018, acquisition of Capital One Financial (COF) stock violated the Hart-Scott-Rodino Act. Under a negotiated settlement, Fairbank will pay a $637,950 civil penalty. The complaint alleges that in 2018, Fairbank violated the notice and waiting period requirements of the HSR Act because he did not file before acquiring COF voting securities in excess of the $100 million filing threshold, as adjusted (which at the time was $168.8 million).
OpenX Technologies, Inc.
Under an order with the FTC, OpenX Technologies, Inc. will be required to pay $2 million over allegations that the company collected personal information from children under 13 without parental consent. The FTC also alleged that the company collected geolocation information from users who specifically asked not to be tracked.
Concurring Statement of Commissioner Noah Joshua Phillips Regarding United States v. OpenX Technologies, Inc.
Dissenting Statement of Commissioner Noah Joshua Phillips Regarding the Annual Regulatory Plan and Semi-Annual Regulatory Agenda
Dissenting Statement of Commissioner Christine S. Wilson Regarding the Annual Regulatory Plan and Semi-Annual Regulatory Agenda
2112001 Informal Interpretation
16 CFR Part 314: Standards for Safeguarding Customer Information (Supplemental Notice of Proposed Rulemaking)
16 CFR Part 314: Standards for Safeguarding Customer Information (Final Rule)
16 CFR Part 313: Privacy of Consumer Financial Information Rule under the Gramm-Leach-Bliley Act
Apply Knowledge, LLC
The Federal Trade Commission is returning an additional $25 million to consumers who lost money to a business coaching scheme that used the names Coaching Department and Apply Knowledge, among others. These refunds are the result of the FTC’s settlements with the scheme’s ringleaders, the companies through which the scheme operated, and a payment processor who helped facilitate the scheme.