On June 10, the Federal Trade Commission (FTC) filed an amended complaint for civil money penalties and other relief under Section 5 of the FTC Act prohibiting “unfair or deceptive acts or practices” and Section 521 of the Gramm-Leach-Bliley Act (GLBA) prohibiting the use of fraudulent statements to obtain consumer information.
USA, Company & Commercial, Insolvency & Restructuring, IT & Data Protection, Sheppard Mullin Richter & Hampton LLP, Federal Trade Commission (USA), Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA), Fair Debt Collection Practices Act 1977 (USA)