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Adobe anticipates significant penalty for complex cancellation practices

Adobe shares dropped about 5% in after-hours trading on Wednesday following the company’s SEC filing and Adobe’s announcement of lower revenue forecasts for 2024.

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Too Hard to Cancel? Adobe Faces Potential FTC Fine Over Product Subscriptions

Years of complaints about Adobe's cancellation practices may have caught up to the company.

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Adobe Faces Massive Fines Over for Subscription Cancellation Policies

The US FTC warned that Adobe may have to face settlement fines over the investigation of its subscription cancellation practices.

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Adobe is being investigated by the FTC over its subscription practices, may face massive fine

Adobe wrote in a filing with the SEC that it may be forced to hand over significant monetary costs or penalties due to an FTC investigation into.

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Adobe Braces For A Big Fine As FTC Investigates Subscription Cancellation Policy

If the FTC finds that Adobe violated the Restore Online Shoppers Confidence Act, it could be in a for "significant" fine.

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