×
Tuesday, May 12, 2026

Payment Co. Agrees To Pay FTC $4.9M Over False Ad Claims - Law360

U. S. Federal Trade Commission $4. 9 million to pass on to small businesses following allegations the companies misrepresented their service contract terms to prospective customers, then stymied cancellations by imposing a steep fee on those who wanted to exit those agreements. In a proposed settlement filed in Sherman, Texas, federal court, the regulator said the $4. 9 million would provide monetary relief to the allegedly duped business owners, some of whom had limited English proficiency. The proposed deal does not require any of the defendants to. . .

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Read Full Story: https://www.law360.com/articles/1516483/payment-co-agrees-to-pay-ftc-4-9m-ove...