Magistrate Judge's finding: Payday lenders covered by FTC Act even if affiliated with American Indian Tribes
In an FTC action challenging allegedly illegal business practices by a payday loan operation affiliated with American Indian Tribes, a United States Magistrate Judge just issued a report and recommendation on the scope of the FTC Act. Attorneys will want to give the order a careful read, but here’s the need-to-know nugget: Over the defendants’ vigorous opposition, the Magistrate Judge concluded that the FTC Act “gives the FTC the authority to bring suit against Indian Tribes, arms of Indian Tribes, and employees
Most people are familiar with labels in clothing and other textile products that name the fabric and explain how to clean it. But look a little closer and you may spot the prefix RN followed by a series of digits. If you’re in the textile business, those are important numbers to know.
Two things that bug us: 1) head lice, bed bugs, and other creepy crawlies that score off the charts on the eeww-ometer; and 2) companies that make deceptive claims that their products can treat and prevent infestations. Settlements the FTC just announced with the marketers of the BEST Yet! line of cedar oil-based products reminds companies of the importance of backing up claims with sound science.
Earlier this week was the 66th anniversary of the so-called Roswell UFO incident. No, Mulder and Scully aren't on temporary assignment to the FTC and we don’t have any “now it can be told” government news on the subject. But we can offer insights into what happening on MARS: the Mortgage Assistance Relief Services Rule. As X Files fans would say, "The truth is out there," but one place it appears to be lacking is in promotions making overhyped promises to homeowners in financial trouble.
Members of the military face unique consumer protection challenges. For example, when the brakes go or the basement floods, it’s not easy to find trustworthy local businesses if you’re new in town. And deployments, TDYs, and relocations can make it tougher to spot the early signs of identity theft. So what can your business do to make things easier for military families?