US Supreme Court Rules FTC Cannot Seek Restitution | Dentons
To embed, copy and paste the code into your website or blog: In a resounding rejection of the Federal Trade Commission’s (“FTC”) longstanding interpretation of its statutory powers, the U.S. Supreme Court unanimously ruled on April 22, 2021, that the FTC lacked authority to secure consumer restitution in Federal courts under the FTC Act’s Section 13(b). 1 According to the opinion by Justice Stephen Breyer in AMG Capital Management v. FTC, Section 13(b) only allows the FTC to secure injunctive relief to stop ongoing fraud, not monetary relief for consumers that had previously been har...
Source: jdsupra.com