Chester County News and Community Website
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has filed an amended complaint in its ongoing lawsuit challenging GTCR BC Holdings, LLC’s proposed acquisition of Surmodics, Inc. The states of …
FTC Expands Lawsuit Against GTCR Over Surmodics Acquisition Read More
WASHINGTON, D.C. — Consumers lost $470 million to text message scams in 2024, reflecting a troubling fivefold increase in financial losses since 2020, according to the Federal Trade Commission (FTC). …
FTC Reports $470 Million Lost to Text Scams in 2024 Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has granted a petition from Enbridge Inc. to reopen and set aside the 2017 consent order related to its merger with Spectra …
FTC Approves Enbridge Petition to End 2017 Consent Order Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced significant enforcement actions in the year following the implementation of the Government and Business Impersonation Rule, which took effect in …
FTC Cracks Down on Impersonation Scams, Targeting $2.95 Billion in Consumer Losses Read More WASHINGTON, D.C. — The Federal Trade Commission (FTC) has issued warning letters to operators of websites offering Employer Identification Number (EIN) filing and delivery services, cautioning them against practices that …
FTC Warns EIN Filing Services Over Misleading Practices Read More
WASHINGTON, D.C. — Federal Trade Commission Chairman Andrew N Ferguson issued a letter on March 31 addressing the U.S. Trustee overseeing 23andMe’s Chapter 11 bankruptcy, highlighting concerns about the potential …
FTC Sounds Alarm on 23andMe Bankruptcy: Privacy Fears Loom Over Genetic Data Sale Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has intensified its efforts to dismantle what it alleges is an unlawful student loan debt relief operation, adding five additional corporate defendants …
FTC Cracks Down on Widespread Student Loan Scam Targeting Borrowers Read More WASHINGTON, D.C. — Federal Trade Commission Chairman Andrew N. Ferguson released a formal statement addressing the controversial dismissals of Former Commissioners Rebecca Kelly Slaughter and Alvaro Bedoya by President Donald …
Shockwaves at the FTC: Trump Ousts Key Commissioners, Sparks Legal and Political Uproar Read More
WASHINGTON, D.C. — Online cash advance company Cleo AI has agreed to pay $17 million to settle allegations brought by the Federal Trade Commission (FTC) that it misled consumers about …
FTC Orders Cleo AI to Pay $17M for Misleading Cash Advance Claims Read More WASHINGTON, D.C. — Operators of a deceptive business opportunity scheme have been required to pay hundreds of thousands of dollars and relinquish profits to settle allegations brought by the Federal …
FTC Cracks Down on E-Commerce Scam, Secures Millions for Defrauded Consumers Read More