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On Friday, the FTC announced what would ordinarily be an unremarkable enforcement action against a company for unsubstantiated earnings claims. The FTC alleges that WealthPress, an investment advice company purporting to offer training from experts on trading strategies, made a series of unsubstantiated earnings claims such as “make $24,840 or more every single week,” “track the BIG money,” and the opportunity may “quite literally transform your life.”

https://www.adlawaccess.com/2023/01/articles/two-firsts-for-ftc-civil-penalty-enforcement-rosca-for-automatic-renewals-and-penalty-offense-authority-for-money-making-claims/

Donnelly McDowell
dmcdowell@kelleydrye.com
(202) 342-8645
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John Villafranco
jvillafranco@kelleydrye.com
(202) 342-8423
Bio - https://www.kelleydrye.com/Our-People/John-E-Villafranco

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