Justices Urged To Kill FTC's Claimed Restitution Power

Law360 (September 28, 2020, 8:00 PM EDT) -- An asset manager has urged the U.S. Supreme Court to jettison the Federal Trade Commission's long-claimed power to demand restitution for bad marketplace behavior as one of two lower court cases challenging that authority head to high court review.

AMG Capital Management LLC wants the justices to deal with a circuit split over the issue by declaring that the Ninth Circuit was wrong to find that the FTC's authority to seek injunctions includes the right to seek monetary restitution, saying the Federal Trade Commission Act allows injunctions only as equitable, not monetary, relief.

As AMG made that case Friday, a credit...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!