LLC

FTC settlement challenges deceptive claims by patent assertion entity

Retrieved on: 
Saturday, December 17, 2022

Patent assertion entities have been the subject of much debate in antitrust and intellectual property circles.

Key Points: 
  • Patent assertion entities have been the subject of much debate in antitrust and intellectual property circles.
  • But theres one proposition we hope that parties on all sides of the issue can agree on: Its illegal to falsely threaten patent suits against small businesses or make unfounded claims that other companies have paid for patent licenses.
  • Thats the misconduct alleged in a settlement the FTC just announced with patent assertion entity MPHJ Technology Investments, LLC, MPHJ corporate officer Jay Mac Rust, and Texas-based law firm Farney Daniels, P.C.
  • Generally speaking, patent assertion entities are companies that acquire patent rights and then seek licensing fees from businesses they claim are infringing their patents.
  • According to the FTC, the respondents sent out a series of letters to thousands of small businesses.
  • The FTC complaint challenges a series of misrepresentations that respondents made in those letters.
  • The proposed settlement would bar MPHJ, Jay Mac Rust, and Farney Daniels from making misrepresentations when asserting patent rights, including deceptive claims about the number of licenses sold, that a lawsuit will be filed, and the imminence of any lawsuit.

Phantom of the owe-pera

Retrieved on: 
Tuesday, November 29, 2022

Consumers would get a phone message or robocall that said something like this:

Key Points: 
  • Consumers would get a phone message or robocall that said something like this:
    This is the Civil Investigations Unit.
  • There is a contact number on file which you must call, [phone number].
  • Please forward this information to your attorney in that the order to show cause contains a restraining order.
  • Its a loud-and-clear warning from the FTC that using illegal methods to collect debts real or phantom is likely to result in dramatic consequences.

First FTC ROSCA case challenges bogus BOGO and "free" claims

Retrieved on: 
Tuesday, November 29, 2022

Your e-commerce clients will want to know about the FTCs first ROSCA case, filed recently in Nevada.

Key Points: 
  • Your e-commerce clients will want to know about the FTCs first ROSCA case, filed recently in Nevada.
  • Among the defendants more colorful business names: Weight Loss Dojo, Longhorn Marketing (sorry, Texas fans), Black Bull, and Unleash the Thunder.
  • The FTC says the defendants lured people in with bogus promises of a free trial or deceptive buy-one-get-one (BOGO) offers.
  • In addition to the ROSCA counts, the FTC says the defendants practices violated the Electronic Fund Transfer Act by debiting consumers accounts on a recurring basis without their prior written authorization.
  • A federal judge has entered a temporary restraining order and the FTC is seeking to put a permanent stop to the defendants illegal practices.
  • If your clients have ROSCA questions, the complaint offers the first example of how the FTC has used the statute.
  • If your clients havent had ROSCA questions, maybe now is the time to remind them of what the law requires.

Golf Apparel, Footwear, and Accessories Market Is Prospering at USD 13,692.25 Million by 2029, Industry Size, Share, Trends, Business Strategies, Demand and Competitive outlook

Retrieved on: 
Thursday, November 17, 2022

The company is aiming to increase its business operation in various regions of the globe, and these decisions will place the company in a better place in future.

Key Points: 
  • The company is aiming to increase its business operation in various regions of the globe, and these decisions will place the company in a better place in future.
  • DECATHLON designed this event more digitally, proving that the company is significantly innovating its brands and products.
  • It will also lead Sport and Global Golf Apparel and accessories market to a high position due to new and sustainable innovations in a companies.
  • It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.

CGTN AMERICA: Peng Liyuan Attends Spouses Event of G20 Leaders in Bali

Retrieved on: 
Wednesday, November 16, 2022

WASHINGTON, Nov. 16, 2022 /PRNewswire-PRWeb/ -- CGTN America releases "Peng Liyuan Attends Spouses Event of G20 Leaders in Bali"

Key Points: 
  • Peng Liyuan, the wife of Chinese President Xi Jinping, attended an event of G20 leaders' spouses in Bali, Indonesia on Tuesday.
  • Together with other leaders' spouses, Peng watched dance performances with Balinese characteristics and took a group photo.
  • Peng Liyuan, the wife of Chinese President Xi Jinping, attended an event of G20 leaders' spouses in Bali, Indonesia on Tuesday.
  • Together with other leaders' spouses, Peng watched dance performances with Balinese characteristics and took a group photo.

Sanctuary Wealth's OASIS 2022 Explores the Power of Partnership

Retrieved on: 
Wednesday, November 16, 2022

INDIANAPOLIS, Nov. 16, 2022 /PRNewswire/ -- Sanctuary Wealth, home to the next generation of elite advisors, kicked off OASIS 2022, November 14-16 at the Mandalay Bay Resort in Las Vegas, where partners and friends of the firm gathered in person for the first time since 2019. The three-day event was designed to present attendees with opportunities for collaboration, communication, and celebration. 

Key Points: 
  • "Sanctuary Wealth has grown significantly by every metric since 2019 when we were last able to get together in Indianapolis," said Jim Dickson, CEO and Founder of Sanctuary Wealth.
  • "Building a World Class Wealth Management Platform" included Jene Hoosier, Head of Platform Strategy, Sanctuary Wealth; Shanelle Grisso, Head of Platform Education and Community, Sanctuary Wealth; and Ryan Beck, Head of Platform Integration at Sanctuary Wealth.
  • Currently, the Sanctuary Wealth network includes partner firms in 28 states across the country with approximately$25 billionin assets under advisement.
  • Sanctuary Wealth includes the fully owned subsidiaries; Sanctuary Advisors LLC, an SEC-registered investment adviser, Sanctuary Securities, Inc. a FINRA member broker-dealer as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Family Office.

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Retrieved on: 
Wednesday, November 16, 2022

CARMEL, Ind., Nov. 16, 2022 /PRNewswire/ --Merchants Bancorp ("Merchants") (NASDAQ: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the fourth quarter of 2022, in each case to shareholders of record on December 15, 2022, payable on January 3, 2023:

Key Points: 
  • CARMEL, Ind., Nov. 16, 2022 /PRNewswire/ --Merchants Bancorp ("Merchants") (NASDAQ: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the fourth quarter of 2022, in each case to shareholders of record on December 15, 2022, payable on January 3, 2023:
    Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business, including multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.
  • Merchants Bancorp, with $12.0 billion in assets and $10.3 billion in deposits as of September 30, 2022, conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Farmers-Merchants Bank of Illinois, Merchants Capital Servicing, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
  • For more information and financial data, please visit Merchants' Investor Relations page at investors.merchantsbancorp.com .
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/merchants-bancorp-declares-quar...

To Commemorate Veterans Day, CC Metals & Alloys Honored Local Heroes on a Day to Recognize and Celebrate the Men and Women Who Served and Protected our Country

Retrieved on: 
Wednesday, November 16, 2022

CALVERT CITY, Ky., Nov. 16, 2022 /PRNewswire/ -- In honor of Veterans Day and all that it stands for, CC Metals & Alloys (CCMA), a mining and metals company led by Mordechai Korf and Uriel Laber that employs dozens of local Kentucky workers, recently sponsored a Veterans Day Breakfast in Paducah for hundreds of local veterans to give thanks and recognize their sacrifice. 

Key Points: 
  • On the morning of November 11, before the annual Veterans Day Parade in Paducah, CCMA team members worked alongside volunteers from the Angelo Joseph Camarato (A.J.C.)
  • Foundation to serve breakfast to hundreds of local veterans.
  • "Veterans Day is a day for us to celebrate America's heroes: our veterans,"said Mordechai KorfandUriel Laberof CCMA in a joint statement.
  • Post 1084 and sponsored a dinner for nearly 100 local veterans in celebration of Independence Day Weekend.

Vita Nuova, AC Power Combine Forces to Develop Solar Facilities on Underutilized Land

Retrieved on: 
Wednesday, November 16, 2022

"Vita Nuova seeks to expand its work in sustainably reusing impacted and underutilized sites by creating this strategic alliance with AC Power.

Key Points: 
  • "Vita Nuova seeks to expand its work in sustainably reusing impacted and underutilized sites by creating this strategic alliance with AC Power.
  • We appreciate their focus on land that is previously disturbed rather than greenfields," Michael B. Taylor, President, Vita Nuova LLC, said.
  • Vita Nuova is a national leader in best practices for site redevelopment, land reuse planning, and community revitalization.
  • AC Power has extensive experience transforming brownfield sites, landfills, and Superfund sites into solar energy facilities connecting locally sourced power to communities and businesses.