The FTC’s Bureau of Consumer Protection issued a number of press releases regarding advertising and marketing practices in the fashion, finance, and the dietary supplement industries. The agency finalized a settlement over false and suppressed endorsement reviews. It also obtained injunctions over allegations ranging from false claims of removing negative information from credit reports to false health claims related to dissolvable film strips. The Commission also proactively issued warning letters to companies allegedly selling and advertising COVID-19 treatments.

Monday, March 21, 2022

Bureau of Consumer Protection: Endorsements, Influencers, and Reviews.

• The FTC has finalized an order requiring Fashion Nova, LLC to pay $4.2 million and cease suppressing customer reviews of its products. As previously reported, this order resolves allegations that the “fast fashion” retailer utilized a third-party product review interface that automatically posted four- and five-star reviews but suppressed lower ratings for the company to review and approve.

Bureau of Consumer Protection: Credit and Finance

• The FTC has obtained an injunction against Turbo Solutions Inc., a company offering credit repairs services, stopping the company and its owner from collecting money in exchange for services, communicating its services to the public, as well as other business related practices. According to the FTC, Turbo Solutions allegedly bilked consumers out of millions of dollars by falsely...

Read Full Story: https://www.retailconsumerproductslaw.com/2022/03/ftc-updates-march-21-25-2022/