Quote:
Originally Posted by sixstringmoneymachine
As studiocritic said, for the most part.
When the FTC brings an action like this there's usually quite a large-scale investigation done by government lawyers and such -- so there is an actual bill for what resulted in the judgement or settlement.
The remainder goes into a fund to investigate other claims brought before the FTC.
|
yep.. this is what i meant by simply.. there are huge lawyer bills that arise from these investigations/trials.. and they don't win all their trials, so sometimes they take a loss.
the FTC's investigations are meant to benefit and protect American consumers from American companies.
the "gains" from any such settlements are used to continue to be vigilant and explore any potential fraud. this is one government agency that definitely serves an important role