Alphabet Inc., Amazon.com, Inc., Apple, Inc., Facebook, Inc. and Microsoft Corp. were issued Special Orders from the Federal Trade Commission (FTC) demanding they make available information and documents on acquisitions unreported to antitrust agencies under the Hart-Scott-Rodino (HSR) Act. The order requests documents discussing terms, scope, structure and reason for transactions from these big name
On December 13, 2020, the Federal Trade Commission moved to shut down “Success By Health“, an instant coffee pyramid scheme. The company claims to offer guaranteed wealth and income for consumers who join the scheme. After a complaint was filed in federal court, the FTC asserts that the company “Success By Health” have collected over
Missouri Lawyers Media honors 25 attorneys, businesses and firms within the state for their innovative work in emerging practice areas, services and business policies. Kennyhertz Perry has been recognized as one of the first to develop expertise in the up and coming practice area of Cannabis Law. “This group reflects trailblazers and early adopters who
Kansas City Business Journal features Perry in an article about the Federal banking regulators, and the recently removed restrictions on industrial hemp business banking. A letter was issued addressing the legality of banking in the industrial hemp industry stating that these businesses should be treated like any other business. However, it is likely some banks
Jon Dedon is quoted in an WWD Digital Daily article, discussing how brands selling CBD can and cannot market their product and it’s potential health benefits. On November 25th, the FDA issued warning letters to 15 CBD companies who had marketed their product to alleviate various illnesses or chronic conditions. Health claims such as this,
Today marks the one year anniversary of the, The Financial Crimes Enforcement Network (“FinCEN”) issuance of Geographic Targeting Orders (“GTOs”) that obligated the U.S. title insurance companies to recognize the natural persons behind shell companies purchasing residential real estate in all cash. For each covered metro area the purchase threshold amount was lowered to $300,000, formerly assorted
Today, the U.S. Department of Agriculture (“USDA”) released a draft version of an interim final rule which, once formally published in the Federal Register, will establish the U.S. Domestic Hemp Production Program. The USDA was directed to develop this Program under the Agricultural Improvement Act of 2018 (which is commonly referred to “2018 Farm Bill”),
The FTC and FDA announced yesterday that they sent yet another joint warning letter to a CBD manufacturer and retailer, warning them that their marketing of CBD products violates federal law. The letter gave the seller 15 days to correct the violations or face “legal action without further notice, including, without limitation, seizure and/or injunction.”
As an attorney who represents several companies before the Federal Trade Commission (“FTC”), Braden Perry offers some of his knowledge in article featured on E-commerce Times website. “This is one of the more common laws that companies run afoul of in the Internet marketing space, according to Kennyhertz Perry partner Braden Perry, who regularly represents companies
The Kansas Legislature is again looking at medical marijuana legalization. On October 23, the Kansas Special Committee on Federal and State Affairs will host an all-day public meeting on medical cannabis. The meeting will take place from at 9:00 a.m. to 5:00 p.m. in the Kansas Statehouse, room 346 South. Although this meeting represents an
Partner, Braden Perry is quoted in an article discussing the digital currency of facebook, on the www.street.com webpage. “After the exit of several major partners, the status of Facebook’s (FB – Get Report) Libra project is looking shakier than ever. On Monday, Booking Holdings (BKNG – Get Report) was the latest member of the Libra Association, the consortium of
Kennyhertz Perry Attorne, Braden Perry was recently featured in an article on Finance Magnates website discussing, the SEC and Telegram lawsuit alongside author David Gerard. Braden Perry explained to Finance Magnates that “much like Kik, Telegram/Ton must essentially argue that this is a case of ‘enforcement by regulation.’ And they aren’t wrong. The Howey test is notoriously
