District court halts business “opportunity” and credit repair scam following FTC lawsuit

Recently, the U.S. District Court for the Central District of California temporarily halted the operations of a business “opportunity” and credit repair scam. The court granted the FTC’s ex parte application for a temporary restraining order with an asset freeze, and the court ordered the defendants to show cause why a preliminary injunction should not be issued. The FTC alleged in the original complaint three individuals and two limited liability companies engaged in deceptive business...
By: Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP