Press Releases 2002

A federal judge has entered stipulated orders for preliminary injunction with asset freezes against Harry Siskind and Edward G. D'Alessandro, Jr., the two individual defendants named in the Federal...

Commission authorization to file joint amicus brief with the Department of Justice The Commission has approved the filing of a joint brief with the United States, as amici curiae, in the matter of...

Quicken Loans Inc., a mortgage lender based in Livonia, Michigan, has agreed to settle Federal Trade Commission charges that it failed to provide "adverse action" notices in violation of the Fair...

The Federal Trade Commission today announced a settlement with a California-based company that marketed a so-called breast enhancement product, "The Isis System." According to the FTC complaint, the...

The Commission has approved the filing of comments with the U.S. Food and Drug Administration regarding the availability of the 30-month stay of FDA approval of generic drug applications and revised...

The Federal Trade Commission will host a public workshop on February 19 and 20, 2003, to explore how public and private sector entities, including businesses, industry associations, and consumer...

According to the letter, signed by FTC Chairman Timothy J. Muris and Acting Assistant Attorney General for Antitrust R. Hewitt Pate, the proposed model definition would prevent non-lawyers from...

Consent Order Will Preserve Competition in Markets for Certain General Anesthetics, Neuromuscular Blocking Agents, Antiemetics, and New Injectable Iron Replacement Therapies Under the terms of a...

The Commission has authorized the staff to file comments with the U.S. Food and Drug Administration (FDA) concerning trans fatty acids in nutrition labeling. The comment, which is available on the FTC...

Nearly 28,000 borrowers will start receiving compensation checks this week from an initial redress pool of almost $45 million that resulted from an FTC settlement with home mortgage lender First...

The Federal Trade Commission today announced a series of amendments to the Telemarketing Sales Rule (TSR) including the development of a national “do not call” registry that empowers consumers to stop...

Federal Trade Commission Chairman Timothy J. Muris today participated in the announcement of the U.S. Food and Drug Administration's new consumer health information initiative. According to Chairman...

Komaco International, Inc., a Nevada company doing business as Success Masters International and Max Horizon Securities, and its principal, Kenshin Hayashi, have agreed to settle federal charges of...

The Federal Trade Commission will hold a press conference on Wednesday, December 18, 2002 at 1:00 p.m. EST to announce a consumer protection initiative. Who: Timothy J. Muris, Chairman Federal Trade...

The Commission has approved the filing of a joint brief with the Department of Justice (DOJ), as amici curiae, in the matter of Verizon Communications, Inc. v. Law Offices of Curtis V. Trinko, No. 02...

An illegal pyramid operation that posed as a legitimate retailing business and recruited "sales representatives" across the country using deceptive representations has been sued by the Federal Trade...

The Commission has approved a settlement regarding the collection of assets being held in an offshore trust in the Cook Islands on behalf of two defendants in Affordable Media, LLC. The settlement has...

A U.S. district court has granted a preliminary injunction halting the operation of Canadian telemarketers who illegally marketed lottery tickets to senior citizens in the United States in violation...

Bruce Turiansky, an officer of Triad Discount Buying Service, Inc. and numerous related companies (Triad), has agreed to settle Federal Trade Commission charges that he played an integral role in...

Presenting keynote remarks at an annual conference on "Current Topics in Merger and Antitrust Enforcement" in Washington, DC, today Federal Trade Commission Competition Director Joe Simons announced...