News & Analysis as of

FTC Act Unfair or Deceptive Trade Practices Telemarketing and Consumer Fraud and Abuse Prevention Act (TCFAPA)

Ballard Spahr LLP

FTC obtains preliminary injunction against Seek Capital and CEO Roy Ferman

Ballard Spahr LLP on

A federal judge has issued a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman, barring the company from making false claims and forbidding the company from contacting any consumers whose...more

Ballard Spahr LLP

FTC takes action against small business lender Seek Capital

Ballard Spahr LLP on

The FTC filed a complaint in the U.S. District Court for the Central District of California against Seek Capital and its CEO, Roy Ferman, alleging that the company operated a bogus business finance scheme that cost small...more

Hudson Cook, LLP

Federal Trade Commission Sues Business Financing Company for Allegedly Misleading Consumers

Hudson Cook, LLP on

On November 4, 2024, the Federal Trade Commission sued Seek Capital, LLC, and Roy Ferman, Seek's founder and CEO, for allegedly violating several federal laws, including Section 5 of the Federal Trade Commission Act ("FTC...more

Cozen O'Connor

FTC Issues $2.4 Million in Refunds Following Settlement with Online Coaching Company

Cozen O'Connor on

The FTC is sending more than $2.4 million in refund payments to nearly 2,000 consumers who purchased online coaching or mentoring programs from Lurn, Inc. These refunds are part of a settlement the Commission reached with...more

Cozen O'Connor

Online Business Coach Lurns the Hard Way Not to Deceive Consumers

Cozen O'Connor on

The FTC settled with Lurn, Inc. and affiliated individuals to resolve allegations that they violated the FTC Act and the Telemarketing and Consumer Fraud and Abuse Prevention Act by making deceptive marketing statements when...more

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