
FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
January 2019: The case was transferred to federal court. (Case No. 19-cv-64, N. D. AL.)
December 2018: A class-action lawsuit was filed against Virginia College and Education Corporation of America for allegedly misleadingly marketing their education services when, according to the plaintiffs, the schools lost their accreditation in December 2018 and abruptly closed. (Robinson et al v. Virginia College, LLC and Education Corporation of America, Case No. 1-CV-2018-904888, Alabama State Court – Jefferson County)
Agency worries MLM defendants are dissipating assets.
Patrick Coffee, The Wall Street Journal
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