
The FTC Needs to Implement a Deceptive Earnings Claims Rule
Consumers can’t afford to go it alone when it comes to atypical income claims.
In October 2017, a state court judge granted preliminary approval of a settlement agreement that would resolve a 2016 false advertising class-action lawsuit alleging that Big 5 Sporting Goods misrepresents that Bearpaw Lassen WP hiking boots are waterproof. According to the settlement terms, class members may receive either a $5 cash award or a $7.50 merchandise voucher to use toward a future purchase at a Big 5 Sporting Goods store in California. For more information, go to http://www.bplassensettlement.com/. (Carmody et al v. Big 5 Sporting Goods Corp. and Romeo & Juliette, Inc., Case No. 2016-2469, California State Court – San Diego County)
Consumers can’t afford to go it alone when it comes to atypical income claims.
Key phrase: “up to.” The average reward is only five bucks.
Cecilia D’Anastasio, Bloomberg
The MLM has been making deceptive earnings claims for the past decade.
Is it a nonprofit or for-profit law school?