The settlement announced today, which was approved by the court, ends the litigation. In addition, the defendants are prohibited from making any false or misleading representation about the income or sales volume a purchaser can expect, the success achieved by others, the length of time required to recoup the purchaser's initial investment, the assistance the defendants will provide, or the terms and conditions of any refunds or guarantees of profitability. Finally, the order contains various recordkeeping provisions to assist the FTC in monitoring the defendants' compliance. The Commission vote to authorize staff to file the stipulated final judgment was 5-0. This stipulated final judgment is for settlement purposes only and does not constitute an admission by the defendants of a law violation.
Consent judgments have the force of law when signed by the judge.
Copies of the stipulated final judgment will be available shortly. FTC Matter No.