California Court Stays Trial Pending Supreme Court Ruling on FTC’s Authority to Obtain Monetary Relief
A Northern District of California federal court has stayed the trial of an action the Federal Trade Commission initiated against LendingClub in 2018 pending a Supreme Court ruling on the FTC’s authority to seek monetary restitution under Section 13(b) of the FTC Act. According to FTC attorneys, online lending company LendingClub
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