Items tagged "AMG Capital Management"
Supreme Court Decision Decimates FTC’s Ability to Protect Consumers Through RestitutionApril 22, 2021 AMG Capital Management , AMG Capital Management LLC v FTC , consumer protections , fines , FTC , restitution , Supreme Court
Today, the U.S. Supreme Court announced its decision in the case of AMG Capital Management, LLC v. FTC. The court held that the Federal Trade Commission cannot seek restitution from bad actors to make consumers whole — without going through a broken administrative process, first. The decision effectively strips the FTC of its ability to compensate consumers harmed by companies and organizations that violate the agency’s rules.Read More