Consumer Lawyers

FTC settles with companies over fake weight-loss ads on Web

In Uncategorized on March 25, 2012 at 12:48 am

The FTC announced settlements with two companies and related defendants it says were involved with these kinds of ads — New York-based Copeac and Michigan-based Coulomb Media. Both federal lawsuits were filed in 2011.

Under the settlement, defendants in the Copeac case will pay $1.35 million, according to court records. Defendants in the Coulomb case will pay $171,000, plus a certificate of deposit and proceeds from the sale of a Chevrolet Tahoe, if they don’t violate the terms of the agreement, according to court records.

 

http://www.therepublic.com/view/story/CPT-FTC-FAKEADS_7574179/CPT-FTC-FAKEADS_7574179/

The agreements are the latest in a series of settlements of cases brought by the FTC in an ongoing crackdown against the purveyors of these sites, an industry the federal agency estimates has raked in $1 billion.

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