
FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
July 2020: This case was dismissed because the parties reached a settlement agreement.
June 2020: This case was transferred from state court to federal court. (Case No. 20-cv-5957, C.D. Cal.)
May 2020: A class-action lawsuit was filed against Liquid Web for allegedly failing to adequately disclose the terms of subscriptions for its web hosting products resulting in consumers being charged without their consent. (Licea v Liquid Web, LLC, Case No. 20STCV18957, California State Court – Los Angeles)
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Agency worries MLM defendants are dissipating assets.
Patrick Coffee, The Wall Street Journal
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