Supreme Court Says FTC Lacks Authority to Pursue Monetary Relief in Federal Court Pursuant to Section 13(b) of the FTC Act.
In a unanimous decision, the U.S. Supreme Court recently held in AMG Capital v. FTC that the Federal Trade Commission does not possess authority to pursue “equitable monetary relief” such as restitution or disgorgement in federal court under Section 13(b) of the FTC Act. The Court also stated that the
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