Federal Trade Commission (FTC)

On April 22, the Supreme Court of Appeals of West Virginia issued another amended emergency order extending court deadlines. The order can be found here. The Court’s new order delays all court deadlines for matters scheduled to occur during the emergency period from March 23, 2020 to May 15, 2020 until May 18, 2020.

On April 17, the Federal Trade Commission filed a complaint against Ponte Investments, LLC – a Rhode Island-based company – and its owner, John C. Ponte, claiming that they misrepresented Ponte Investments as an approved small business lender for the federal coronavirus (“COVID-19”) relief program. The FTC has sought a permanent injunction and other equitable

The Federal Trade Commission released guidance for increasing privacy and data security while videoconferencing over the internet. The FTC is recommending that video conference users take the following steps:

  1. Make sure that only those individuals who were invited to the meeting are in attendance by securing the meeting by password or providing unique meeting and/or

On April 6, the Federal Trade Commission announced a settlement with Tapplock, Inc. for falsely claiming in its privacy policy that its fingerprint-sensing smart locks were “unbreakable” and that it followed “industry best practices” to ensure that a user’s personal information was protected. After three security researchers identified various physical and electronic vulnerabilities with the

On April 3, the West Virginia Supreme Court of Appeals issued another emergency order extending court deadlines. A press release regarding the order can be found here. The Court’s new order delays all court deadlines for matters scheduled to occur during the emergency period between March 23, 2020 and May 1, 2020 to May

While the nation faces unprecedented furloughs, layoffs, and economic difficulties, scammers continue to find novel ways to profit. In an attempt to dispel misinformation and provide guidance, the Federal Trade Commission is taking action to halt snake oil products and educate consumers on these ever-evolving scams.

Mimicking techniques routinely used by lenders to lawfully communicate

We are pleased to announce that Troutman Sanders attorney, David Anthony, will be presenting during the CDIA Law & Industry Conference in Washington, DC on June 17, 2020. David will be a presenting on the panel, “The Changing Dynamics of Litigation & Enforcement.”

This panel will explore leading FCRA developments, including key litigation and

The Safeguards Rule of the Gramm-Leach-Bliley Act of 1999 requires financial institutions to implement security programs in order to keep customer information secure. The Safeguards Rule also extends contractually to affiliates and/or service providers of those financial institutions, including possibly “finders” (i.e., entities charging a fee to connect consumers looking for loans to lenders).

As

On March 6, the Federal Trade Commission filed a complaint in the United States District Court for the District of Colorado against BoostMyScore LLC (“Boost”), BMS, Inc., and William O. Airy – the principal operator of both Boost and BMS. The complaint alleges that the defendants violated the FTC Act, Credit Repair Organizations Act, and

On February 25, the Federal Trade Commission – the nation’s primary privacy and data security enforcer – released its latest Privacy and Data Security Update, which summarizes the agency’s privacy and data security activities over the last year and provides a preview of what’s to come in 2020. Here are our top five takeaways