Entries by RAD Tech Consulting

Receiver Transfers Funds to FTC for Consumer Redress Processing

 On October 16, 2024, the Court authorized the closure of the Receivership Estate. Doc. 148.  The Receiver has distributed accumulated funds to the FTC, which will handle consumer redress.  The FTC will use information consumers provided through this website and other data, such as Defendants’ sales data, to distribute redress funds to affected consumers.

Wind Down of Receivership Estate

Receiver Maria Yip has finished liquidating the assets of the Receivership Estate. On October 3, 2024, the Receiver filed her Motion to Wind Down the Receivership with the Court. Doc.146.  A copy of that motion can be found at the following link. If the Court grants the motion, the Receiver will be authorized to hand […]

Status Update

As noted in the parties’ Joint Motion for Entry of Preliminary Injunction (Doc. 89) and the Court’s Order dated October 6, 2022 (Doc. 103), the parties made significant progress toward settlement of the FTC’s claims against the defendants during and subsequent to the mediation conference held with Magistrate Judge Monte Richardson. The Court has entered […]