
FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
In December 2014, a state judge preliminarily approved a settlement of a class-action lawsuit against Permatex. The complaint, which was originally filed in 2013, alleged that the company misleadingly labeled automotive repair kits as “Made in USA” when they actually do not contain 100% U.S. content. According to the settlement terms, class members may be eligible to receive a $2 refund for each product purchased. The company also agreed to permanently remove the “Made in USA” label from products that do not contain 100% U.S. content. In addition, the company agreed to donate $1 million to Follow A Dream, an automotive-related charity. A final fairness hearing is scheduled for June 26, 2015. For more information, go to www.PermatexSettlement.com. (Hofmann v. Permatex, et al, Case No. 37-2013-00041164-CU-BT-CTL, Superior Court of the State of California, County of San Diego).
For more information about other class-action lawsuits regarding deceptive “Made in the USA” claims and TINA.org’s coverage of the issue, click here.
Agency worries MLM defendants are dissipating assets.
Aimee Lou Wood and Patrick Schwarzenegger explore what life is like when you can Venmo this, that, and everything.
Patrick Coffee, The Wall Street Journal
Web extension may be better at maxing out your credit card than the full capabilities of AI.
FTC alleged company vastly overstated the accuracy of its AI Content Detector tool.