Supreme Court Rules FTC Cannot Obtain Monetary Relief Under Section 13(b)
By EsqSocial Corporation 26/04/21
On April 22, 2021, in a unanimous decision, the U.S. Supreme Court in AMG Capital Management v. FTC held that the authorization to seek a “permanent injunction” under Section 13(b) of the Federal Trade Commission Act does not permit the FTC to obtain equitable monetary relief such as restitution and disgorgement. In the underlying dispute, the FTC sued an individual and several entities for engaging in “unfair or deceptive acts or practices” by misleading consumers in connection with providing...
By: Perkins Coie