The settlement also contains a right to reopen the matter in the event that American Readers or Richard A. Raskin, its president, have filed a false financial statement. Finally, there are various reporting and other requirements in the district court settlement designed to assist the FTC in monitoring American Readers Service's compliance. The FTC vote to authorize filing of the stipulated final judgment and order was 5-0. It was filed in the U.S. District Court for the Northern District of Texas, Dallas Division, on October 30, 1996. This consent order is for settlement purposes only and does not constitute an admission by the defendants of a law violation.
Consent orders have the force of law when signed by the judge.
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