- BAN ON DEBT COLLECTION AND DEBT BROKERING ACTIVITIES IT IS THEREFORE ORDERED that the Liberty Solutions Defendants, whether acting directly or through any other Person, are permanently restrained and enjoined from: A. Participating in Debt Collection Activities; and B. Advertising, marketing, promoting, offering for sale, selling, or buying any Consumer or commercial Debt or any information regarding a Consumer relating to a Debt.
- PROHIBITION AGAINST MISREPRESENTATIONS IT IS FURTHER ORDERED that the Liberty Solutions Defendants, their officers, agents, employees, and attorneys, and all other persons in active concert or participation with any of them, who receive actual notice of this Order, whether acting directly or indirectly, are hereby permanently restrained, and enjoined from misrepresenting, or assisting others in misrepresenting, expressly or by implication: A. That any Person has a legal obligation to pay Defendants; 3 0:20-cv-02592-JMC Date Filed 02/09/21 Entry Number 89 Page 4 of 10 B. That any Person is an attorney or affiliated or associated with an attorney or law firm; C. The nature or terms of any refund, cancellation, exchange, or repurchase policy, including, but not limited to, the likelihood of a Consumer obtaining a full or partial refund, or the circumstances in which a full or partial refund will be provided to the Consumer; and D. Any fact material to Consumers concerning any product or service, such as the total costs; any material restrictions, limitations, or conditions; or any material aspect of its performance, efficacy, nature, or central characteristics. III.
- CUSTOMER INFORMATION IT IS FURTHER ORDERED that the Liberty Solutions Defendants, their officers, agents, employees, and attorneys, and all other Persons in active concert or participation with any of them, who receive actual notice of this Order, whether acting directly or indirectly, are hereby permanently restrained, and enjoined from: A. Failing to provide sufficient customer information to enable the FTC to efficiently administer consumer redress. If a representative of the FTC requests in writing any information related to redress, that the Liberty Solutions Defendants must provide it, in the form prescribed by the FTC, within fourteen (14) days; B. Disclosing, using, or benefitting from customer information, including the name, address, telephone number, email address, social security number, other identifying information, or any data that enables access to a customer’s account (including a credit card, bank account, or other financial account), that any Defendant obtained prior to entry of this Order; and C. Failing to destroy such customer information in all forms in their possession, custody, or control within thirty (30) days after receipt of written direction to do so from a representative of the FTC. Provided, however, that customer information need not be disposed of, and may be disclosed, to the extent requested by a government agency or required by law, regulation, or court order.
- MONETARY JUDGMENT AND PARTIAL SUSPENSION IT IS FURTHER ORDERED: A. Judgment in the amount of SIXTEEN MILLION, FOUR HUNDRED AND EIGHTEEN THOUSAND, THREE HUNDRED AND SIX Dollars ($16,418,306.00) is entered in favor of the FTC against the Liberty Solutions Defendants, jointly and severally with any other Defendant against whom judgment may be entered in this action, as equitable monetary relief.
To read the complete settlement click here