Payment Processor Settles FTC Case Alleging It Assisted in Fraudulent Schemes

Payment Processor Settles FTC Case Alleging It Assisted in Fraudulent Schemes

Allied Wallet, described as a provider of e-commerce merchant services and online payment processing services, settled claims by the Federal Trade Commission (FTC) that it assisted numerous scams by knowingly processing fraudulent transactions to consumers’ accounts. According to the complaint, Allied Wallet assisted companies that were the subject to law enforcement action by the FTC

NCAA To Examine Allowing College Athletes To Receive Compensation For Use of Name, Image and Likeness

NCAA To Examine Allowing College Athletes To Receive Compensation For Use of Name, Image and Likeness

The NCAA announced yesterday that it has formed a working group to examine issues related to college athletes receiving benefits for the use of their name, image and likeness (“NIL”).  The formation of the working group was prompted by recent federal and state legislative proposals that would allow college athletes to receive payment for their

Braden Perry Discusses Blockchain in the Cannabis Industry with Disruptor Daily.

Braden Perry Discusses Blockchain in the Cannabis Industry with Disruptor Daily.

Kennyhertz Perry Attorney Braden Perry was recently featured in a Disruptor Daily article discussing benefits of Blockchain in the cannabis industry. Mr. Perry was one of six experts to discuss the emerging technology. “Most marijuana companies would benefit from some aspect of blockchain technology, from the supply of products, fair pricing, efficient supply and improved product

FTC Approves Consent Orders Against 2 Companies for False “Made in the USA” Claims

FTC Approves Consent Orders Against 2 Companies for False “Made in the USA” Claims

Recently, the Federal Trade Commission has approved final consent orders against Patriot Puck and Sandpiper/PiperGear  in which the agency alleged that companies falsely claimed their products were made in the United States. In both cases, much of the products finished goods were imported or had imported components. Marketers and manufacturers that promote their products as

FBI Cyber Division PIN Focuses on Insiders Inflicting Significant Losses to Businesses

FBI Cyber Division PIN Focuses on Insiders Inflicting Significant Losses to Businesses

Today, the Federal Bureau of Investigation, Cyber Division released Private Industry Notification (PIN) 20190423-001 regarding continued observation of U.S. businesses’ reporting significant losses caused by cyber insider threat actors, including former or disgruntled employees exploiting their enhanced privileges—such as unfettered access to company networks and software, remote login credentials, and administrative permissions—to harm companies. Kennyhertz

Ruling Clears Way for College Athletes to Receive Payments from Alston Damages Class Settlement

Ruling Clears Way for College Athletes to Receive Payments from Alston Damages Class Settlement

In February 2017, the NCAA and the 11 FBS conferences settled a class action lawsuit relating to the NCAA’s previous limit on athlete compensation. The $208.7 million settlement, part of the Alston case, resolved damages claims brought by scholarship athletes in football and men’s and women’s basketball who claimed that the NCAA’s then limit on

The FTC’s Enforcement Against Amazon Fake Reviews

The FTC’s Enforcement Against Amazon Fake Reviews

Braden Perry, a former federal enforcement attorney who is now a regulatory and government investigations attorney with Kennyhertz Perry, discussed the Federal Trade Commission’s recent settlement of its suit related to companies using fake paid reviews to boost sales with E-Commerce Times. In this case, the defendants advertised and sold purported weight loss products and