The orders with Gilmore and Axelrod would permit them to sell or lease equipment, and the Axelrod order would permit him to act as a realtor or real estate broker, but additional provisions in these orders would bar these two defendants, in so doing, from engaging in deceptive practices. The orders also contain various record keeping and reporting requirements that would assist the FTC in monitoring compliance. The Commission vote to approve these settlements for filing in court was 5-0. They were filed July 22 in U.S. District Court for the Northern District of Georgia, Atlanta Division. These consent judgments are for settlement purposes only and do not constitute admissions by the defendants of law violations.
Consent judgments have the force of law when signed by the judge.