BUSINESS
August 8, 2001 | JAMES ROWLEY, BLOOMBERG NEWS
Timothy J. Muris, the U.S. Federal Trade Commission's new Republican chairman, warned corporations to expect tough antitrust enforcement and cautioned business leaders against proposing takeovers that would have been challenged by his Democratic predecessors. "Problematic mergers will face the same hurdles they did during the 1990s," said Muris, who succeeded Robert Pitofsky in June to give Republicans a 3-2 FTC majority.
BUSINESS
March 20, 2001 | From Reuters
The Federal Trade Commission sued an Irvine stock-trading advisor Monday, accusing his firm of false and deceptive advertising. The FTC is asking the U.S. District Court in Santa Ana to order Timothy Cho and Tim Cho Investment Corp. to stop making false claims about day trading in the company's investment seminars and to "provide consumer redress or give up their ill-gotten gains." Cho denied the FTC charges and said he plans to fight them in court.
BUSINESS
March 20, 2001 | From Reuters
The Federal Trade Commission said Monday it sued an Irvine stock-trading advisor, accusing the firm of false and deceptive advertising. The FTC is asking the U.S. District Court in Santa Ana to order Timothy Cho and Tim Cho Investment Corp. to stop making false claims about "day trading" in the company's investment seminars and to "provide consumer redress or give up their ill-gotten gains." Cho denied the FTC charges and said he plans to fight them in court.
BUSINESS
November 14, 1985
Responding to a lawsuit filed by the Federal Trade Commission, U.S. District Judge William J. Rea also appointed attorney Robert Baker to act as receiver for the Century City-based telephone application sales firm. The FTC contended that the company, which prepares applications for cellular telephone lotteries that the FCC conducts, misrepresented its operations to customers. Company President Michael Godfree called the FTC case against his company "baseless and without merit."
BUSINESS
October 24, 2010
Tips to avoid employment scams: ?Beware of employers who ask for money upfront for training or materials. Employers should pay you; you shouldn't pay them. ?Be cautious of placement services that guarantee to find you a job. Consumers have had difficulty collecting on such guarantees. ?Check out companies with the Better Business Bureau or on the Web. Sometimes a simple Google search can yield complaints about job scams. ?Do not cash unsolicited checks that arrive in the mail.