9th Circ. Nixes $1.3B Award In AMG Case After Justices' Order

By Dave Simpson (June 8, 2021, 8:50 PM EDT) -- The Ninth Circuit Tuesday officially vacated its 2018 decision to uphold a $1.3 billion award against pro race car driver Scott Tucker's loan companies after the U.S. Supreme Court sided with Tucker and ruled that the Federal Trade Commission lacked authority to seek the penalty.

In the one-page, published, unanimous decision, the panel remanded the case to Nevada federal court for proceedings consistent with the high court's much-watched April decision.

In October 2016, U.S. District Judge Gloria Navarro found a number of payday loan companies associated with Native American tribes and controlled by Tucker had deceived and overcharged customers in violation...

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!


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?
Ask a question!