If the receiver determines that redress to consumers is impracticable, the money will be deposited into the U.S. Treasury. The Commission vote to authorize the staff to file the proposed settlement was 5-0. The stipulated final judgment was filed in the U.S. District Court for the District of Nevada, in Las Vegas, on November 26, 1996. The FTC's San Francisco Regional Office handled the investigation with assistance from the Nevada Attorney General's office and the Las Vegas Telemarketing Task Force. This stipulated final judgment is for settlement purposes only and does not constitute an admission by the defendants of a law violation.
Judgments have the force of law when signed by the judge.
FTC Matter No.