FTC Orders Shut Down Unauthorized Billing and Credit Card Laundering Schemes, Require Turn Over of Assets Valued at Approximately $40 Million
Substantial Risk Breach
The Charges:
At the request of the Federal Trade Commission (FTC), a federal court approved settlements requiring the forfeiture of assets valued at approximately $40 million. The defendants allegedly defrauded consumers nationwide by enrolling them, without their consent, into continuity plans for CBD and keto-related products.
International Law
Substantial Risk Breach
The Charges:
Numerous definitions of law have been put forward over the centuries. The Third New International Dictionary from Merriam-Webster defines law as a binding custom or practice of a community, a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority.
Awarded:
Resolution: Successful mediation under the rules of the International Chamber of Commerce (ICC).
21 Jun 2018
Resolution of a Contractual Dispute Between Companies
Substantial Risk Breach
The Charges:
Numerous definitions of law have been put forward over the centuries. The Third New International Dictionary from Merriam-Webster defines law as a binding custom or practice of a community, a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority.
Awarded:
Settlement: The technology provider agreed to pay $500,000 in compensation and offered a 20% discount on future projects.
12 May 2020