Financial Daily Dose 4.23.2021 | Top Story: Unanimous Supreme Court Strips FTC of Most Restitution Powers

A unanimous SCOTUS ruling this week curbs the FTC’s “longtime practice of seeking to recover ill-gotten gains from companies and individuals who cheat or mislead consumers,” with the justices finding that the 1973 law that gives the Commission the right to seek injunctive relief doesn’t also grant it “the power to seek financial judgments as…...
By: Robins Kaplan LLP

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