'Bogus' Diet Pill Co. Pays $43M To Settle FTC False Ad Claims

Law360, New York (February 3, 2016, 2:04 PM EST) -- A company accused by the Federal Trade Commission of fraudulently selling "bogus" weight loss pills has agreed to pay more than $43 million to settle the agency's claims that it exaggerated the pills' effectiveness and marketed them by spamming consumers and using fake celebrity endorsements. 

In a filing in California federal court Tuesday, Sale Slash LLC agreed to pay the amount as part of a stipulation for a permanent injunction and monetary penalties against it. The settlement follows the FTC's restraining order against it last May,...
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Case Information

Case Title

Federal Trade Commission v. Sale Slash LLC et al


Case Number

2:15-cv-03107

Court

California Central

Nature of Suit

Securities/Commodities

Judge

Percy Anderson

Date Filed

April 27, 2015

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