Unanimous Supreme Court Limits FTC’s Ability To Seek Monetary Remedies
By EsqSocial Corporation 30/04/21
On April 22, 2021, the Supreme Court limited the Federal Trade Commission’s ability to seek restitution or disgorgement under Section 13(b) of the FTC Act. Justice Stephen G. Breyer, author of the unanimous 9-0 decision, interpreted the language and history of the statute to find that the FTC’s ability to obtain equitable monetary remedies under the statute would allow “a small statutory tail to wag a very large dog.”......
By: Vinson & Elkins LLP