[Federal Register Volume 62, Number 47 (Tuesday, March 11, 1997)]
[Notices]
[Page 11201]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6052]
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FEDERAL TRADE COMMISSION
[Dkt. C-3705]
Computer Business Services, Inc., et al.; Prohibited Trade
Practices, and Affirmative Corrective Actions
AGENCY: Federal Trade Commission.
ACTION: Consent order.
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SUMMARY: In settlement of alleged violations of federal law prohibiting
unfair or deceptive acts or practices and unfair methods of
competition, this consent order prohibits, among other things, an
Indiana home-based computer business opportunity firm and three
principals from misrepresenting the earnings or success rate of
investors; the existence of a market for their products or services;
the amount of time it would take investors to recoup their investments
and from making any representation regarding the performance, benefits,
efficacy or success rate of any product or service unless they possess
reliable evidence to substantiate the claims. The consent order also
prohibits the use of misleading testimonials or endorsements. In
addition, the consent order requires that advertisements for automatic
telephone dialing systems disclose federal restrictions on their use
and requires the respondents to pay $5 million in consumer redress.
DATES: Complaint and Order issued January 21, 1997.\1\
\1\ Copies of the Complaint and the Decision and Order are
available from the Commission's Public Reference Branch, H-130, 6th
Street & Pennsylvania Avenue, NW., Washington, DC 20580.
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FOR FURTHER INFORMATION CONTACT:
C. Steven Baker, Federal Trade Commission, Chicago Regional Office, 55
East Monroe St., Suite 1860, Chicago, IL. 60603. (312) 353-8156.
SUPPLEMENTARY INFORMATION: On Tuesday, August 27, 1996, there was
published in the Federal Register, 61 FR 44061, a proposed consent
agreement with analysis In the Matter of Computer Business Services,
Inc., et al., for the purpose of soliciting public comment. Interested
parties were given sixty (60) days in which to submit comments,
suggestions or objections regarding the proposed form of the order.
Comments were filed and considered by the Commission. The
Commission has ordered the issuance of the complaint in the form
contemplated by the agreement, made its jurisdictional findings and
entered an order to cease and desist, as set forth in the proposed
consent agreement, in disposition of this proceeding.
(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interprets or applies sec. 5,
38 Stat. 719, as amended, 15 U.S.C. 45)
Donald S. Clark,
Secretary.
[FR Doc. 97-6052 Filed 3-10-97; 8:45 am]
BILLING CODE 6730-01-M