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Another Arrow In The Quiver: ROSCA as an Alternative to 13(b) In Obtaining Monetary Relief | Kelley Drye & Warren LLP

AMG v FTC: US Supreme Court Severely Limits FTC s Ability To Seek Monetary Relief - Consumer Protection

To print this article, all you need is to be registered or login on Mondaq.com. The US Supreme Court ruled last week that the Federal Trade Commission doesn t have the authority to seek equitable monetary relief in federal court under Section 13(b) of the FTC Act in The text of Section 13(b) expressly allows the Commission to seek injunctive relief (temporary restraining orders or preliminary injunctions in aid of administrative proceedings, as well as permanent injunctions in proper cases ), but is silent on whether the agency can also seek equitable monetary relief. Nonetheless, courts for years have ordered consumer redress,

Alert - AMG v FTC: US Supreme Court Severely Limits FTC s Ability to Seek Monetary Relief | Cooley LLP

To embed, copy and paste the code into your website or blog: The US Supreme Court ruled last week that the Federal Trade Commission doesn’t have the authority to seek equitable monetary relief in federal court under Section 13(b) of the FTC Act in The text of Section 13(b) expressly allows the Commission to seek injunctive relief (temporary restraining orders or preliminary injunctions in aid of administrative proceedings, as well as permanent injunctions in “proper cases”), but is silent on whether the agency can also seek equitable monetary relief. Nonetheless, courts for years have ordered consumer redress, including disgorgement and restitution under Section 13(b) in response to agency requests.

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