United States: Supreme Court Unanimously Holds That FTC Act Section 13(b) Does Not Authorize Equitable Monetary Relief - Baker Botts

United States: Supreme Court Unanimously Holds That FTC Act Section 13(b) Does Not Authorize Equitable Monetary Relief - Baker Botts

Mondaq

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The case at bar concerns the award of $1.27 billion in restitution and disgorgement damages ordered after AMG Capital Management was found liable for a payday lending scheme.

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