The legal library gives you easy access to the FTC’s case information and other official legal, policy, and guidance documents.
Displaying 1181 - 1200 of 44942
Cease and Desist Letter to Telecommunications Firm LLC
Date
File
Telecommunications Firm LLC
(404.1 KB)
2208005 Informal Interpretation
Date
Rule
802.51
Rule 802.51 provides a limited exemption for assets covered by 801.40(d)(2), which only includes credit obligations. You must still determine whether the JV will hold other US assets valued over $50...
File
2208008 Informal Interpretation
Date
Rule
801.11
We agree that you would count the cash because there is a balance sheet within the acquiring person. You only get to exclude cash if no entity within the person has created a regularly prepared...
File
Original Image - 2208008 Informal Interpretation
(136.39 KB)
2208004 Informal Interpretation
Date
Rule
Item 2(d)
Yes, a range may be provided so long as it does not straddle a fee threshold.
File
Original Image - 2208004 Informal Interpretation
(207.35 KB)
Student Advocates Team, LLC, et al.
In September 2019, the FTC announced a complaint against the operators of two student loan debt relief schemes, and a financing company that assisted them, with bilking millions of dollars from consumers. The FTC alleged Manhattan Beach Ventures and Equitable Acceptance Corporation and Student Advocates Team, and the financing company that assisted them illegally charged upfront fees that the companies led consumers to believe went towards their student loans, and falsely promised that their services would permanently lower or even eliminate their loan payments or balances. On August 18, 2022, the FTC it was sending more than $822,000 back to defrauded consumers.
Type of Action
Â鶹´«Ã½
Last Updated
FTC Matter/File Number
172 3036
Case Status
Pending
2208006 Informal Interpretation
Date
Rule
801.10
We agree.
File
Original Image - 2208006 Informal Interpretation
(199.84 KB)
2208003 Informal Interpretation
Date
Rule
Item 5, Item 8
Agree with your approach; please cross-reference in both filings.
File
Original Image - 2208003 Informal Interpretation
(263.31 KB)
2208001 Informal Interpretation
Date
Rule
Item 1(f), Item 3
Please list all four, noting that one is non-reportable, and explain further in Item 3.
File
Original Image - 2208001 Informal Interpretation
(152.83 KB)
2208002 Informal Interpretation
Date
Rule
Item 5(a)
Yes. The additional revenues and NAICS codes should be listed in Item 5(a), and you should produce the stand-alone 2021 financial statements for the company acquired in 2022.
File
Original Image - 2208002 Informal Interpretation
(240.05 KB)
2208009 Informal Interpretation
Date
Rule
801.21, 802.2, 802.4
We agree with your analysis.
File
Original Image - 2208009 Informal Interpretation
(324.84 KB)
Displaying 1181 - 1200 of 44942