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FTC, Nevada Accuse Trading Training Biz Of $1.2B Scam
By Rae Ann Varona
The Federal Trade Commission and Nevada on Thursday filed suit in federal court against an investment training company they alleged scammed more than $1.2 billion out of consumers, mostly young adults, by selling trading courses taught by "bogus" instructors and encouraging consumers to participate in a multi-level marketing scheme.
Complaint attached |
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PEOPLE
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LEGAL INDUSTRY
5 Fed. Circ. Clashes To Watch This Month
By Ryan Davis
The Federal Circuit's argument calendar for May includes appeals of two nine-figure patent verdicts — one against Apple and one against Medtronic — and Roku's bid to revive its remote control patent suit at the U.S. International Trade Commission after a loss tied to the commission's domestic industry requirement.
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