In this issue;
- Venable Obtains Complete Dismissal of all Tort and Fraud-Based Claims Aimed at New York Law School
- "Fake News Site" Affiliate Marketers Settle FTC Deceptive Advertising Charges for $1.3 Million
- Oregon Attorney General Announces $3.34 Million Deceptive Advertising Settlement with Pfizer, Enforces Previous Internet Marketing Settlement
- The FTC Speaks Spanish - Do Your Advertising Lawyers?
- Federal Crackdown on Debt Buyer Emphasizes Need for Consumer
An excerpt from "Federal Crackdown on Debt Buyer Emphasizes Need for Consumer Disclosures"
A recent FTC settlement with debt buyer Asset Acceptance Capital Corp. is the latest of several actions against companies that profit from consumers in financial distress. Venable attorneys Jonathan L. Pompan and Damon W.D. Wright write on Venable’s advertising law blog, www.allaboutadvertisinglaw.com, that the settlement illustrates the type of disclosures that any company which collects or buys debt and their attorneys should expect the FTC to demand in connection with investigations and enforcement actions going forward. They also write that it would be wise to expect the new federal Consumer Financial Protection Bureau (“CFPB”) to follow this course through industry specific regulations for debt collectors and debt buyers that are on the horizon.
Please see full newsletter below for more information.
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