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ARTICLE · 04 MAY 2020

FTC: 2 - OTA: 0

Frankfurt Kurnit Klein & Selz PC
Frankfurt Kurnit Klein & Selz PC
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Frankfurt Kurnit Klein & Selz PC

Frankfurt Kurnit Klein & Selz PC

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In the latest showdown between the FTC and Online Training Academy ("OTA"), the FTC was again victorious as the Central District Court of California granted the FTC's request ...

United StatesMedia, Telecoms, IT, Entertainment

In the latest showdown between the FTC and Online Training Academy ("OTA"), the FTC was again victorious as the Central District Court of California granted the FTC's request for a preliminary injunction against OTA. For those keeping score at home, we previously wrote about the FTC obtaining a TRO against the OTA in the same court after the FTC filed a complaint alleging OTA used false or unfounded earnings and related claims to sell investment training programs to consumers for as much as $50,000!

The preliminary injunction appoints a monitor to oversee OTA's marketing materials and practices and provide the court with periodic reports, and it prohibits OTA from conducting several activities. In particular, OTA is prohibited from making any earnings claim or any claim about the time or capital expenditure required for consumers to achieve substantial income unless (i) OTA has a reasonable basis for the claim, (ii) it can provide written substantiation that the

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www.fkks.com

This post first appeared in Frankfurt Kurnit's Focus on the Data blog (www.focusonthedata.com). It provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.

Originally published by the New York Legal Ethics Reporter

www.fkks.com

This alert provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.

www.fkks.com

This alert provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.

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