The U.S. Supreme Court on Thursday ruled the Federal Trade Commission (FTC) cannot seek to recoup funds unlawfully obtained by individuals and companies resulting from violations of consumer protection laws.
In a 9-0 decision in AMG Capital Management v. FTC, the Court ruled Section 13(b) of the FTC Act “does not authorize the Commission to seek, or a court to award, equitable monetary relief such as restitution or disgorgement,” Justice Stephen Breyer wrote in the unanimous opinion for the Court.
