Legacy Learning Systems, Inc.; Analysis of Proposed Consent Order To Aid Public Comment, 15311-15313 [2011-6491]
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Federal Register / Vol. 76, No. 54 / Monday, March 21, 2011 / Notices
or who is seeking access or amendment
to records maintained in this system of
records must submit a request in writing
to Privacy@FDIC.Gov or to the Legal
Division, FOIA/Privacy Act Group,
FDIC, 550 17th Street, NW.,
Washington, DC 20429, in accordance
with FDIC regulations at 12 CFR part
310. The request to the FDIC should
contain: (1) A statement that it is made
pursuant to the Privacy Act of 1974, (2)
the name of the system of records
expected to contain the records
requested or a concise description of
such system of records, (3) necessary
information to verify the identity of the
requester, including the requester’s
name and residence address, (4) a
notarized statement attesting to the
requester’s identity, and (5) any other
information that may assist in the rapid
identification of the records for which
access or amendment is being requested.
RECORD ACCESS PROCEDURES:
Same as ‘‘Notification Procedures’’
above.
CONTESTING RECORD PROCEDURES:
Same as ‘‘Notification Procedures’’
above except that the envelope mailed
to the FDIC should be clearly marked
‘‘Privacy Act Amendment Request.’’ A
request to the FDIC for amendment of a
record should contain the information
set forth in ‘‘Notification Procedures’’
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also: (1) Specify the portion of the
record requested to be amended, and (2)
describe the nature of and reasons for
each requested amendment in
accordance with FDIC regulations at 12
CFR part 310.
Control Act (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The notices are available for
immediate inspection at the Federal
Reserve Bank indicated. The notices
also will be available for inspection at
the offices of the Board of Governors.
Interested persons may express their
views in writing to the Reserve Bank
indicated for that notice or to the offices
of the Board of Governors. Comments
must be received not later than April 4,
2011.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Lucinda Hill Alden, Los Angeles,
California, as trustee for The Gilbert D.
Hill Descendant’s Trust, The Roberta E.
Hill Descendant’s Trust, The Julie Hill
Irrevocable Trust Dated April 7, 2003,
and the Lucinda Hill Irrevocable Trust
Dated April 7, 2003, all of Los Angeles,
California, to retain control of Newell
Bancshares, Inc., Newell, Iowa, and
thereby indirectly control First
Community Bank, Newell, Iowa.
B. Federal Reserve Bank of Kansas
City (Dennis Denney, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. Scott T. Athey, Enid, Oklahoma, to
acquire control of Security Financial
Services Corporation, parent of The
Security National Bank of Enid, both in
Enid, Oklahoma.
RECORD SOURCE CATEGORIES:
Information maintained in this system
is obtained from MLOs who submit
information to the registry and the
results of FBI background checks.
Board of Governors of the Federal Reserve
System, March 16, 2011.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2011–6541 Filed 3–18–11; 8:45 am]
BILLING CODE 6210–01–P
EXEMPTIONS CLAIMED FOR THE SYSTEM:
FEDERAL RESERVE SYSTEM
None.
By order of the Board of Directors.
Dated at Washington, DC, this 15th day of
March, 2011.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2011–6568 Filed 3–18–11; 8:45 am]
mstockstill on DSKH9S0YB1PROD with NOTICES
BILLING CODE 6714–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
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Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
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15311
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The application also will be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than April 14, 2011.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Home Financial Bancorp, Spencer,
Indiana, to become a bank holding by
acquiring 100 percent of the voting
shares of Owen Community Bank, s.b.,
Spencer, Indiana. In connection with
this application, Applicant also
proposes to engage through its
subsidiary, OCB Insurance Agency, Inc.,
Spencer, Indiana, in the sale of
insurance in a town less than 5,000,
pursuant to section 225.28 (b)(11)(iii)(A)
of Regulation Y.
B. Federal Reserve Bank of St. Louis
(Glenda Wilson, Community Affairs
Officer) P.O. Box 442, St. Louis,
Missouri 63166–2034:
1. The McGehee Bank Employee Stock
Ownership Plan, McGehee, Arkansas, to
acquire additional direct ownership of
up to 35 percent of Southeast Financial
Bankstock Corporation, McGehee,
Arkansas, and thereby increase its
indirect control of McGehee Bank,
McGehee, Arkansas.
Board of Governors of the Federal Reserve
System, March 16, 2011.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2011–6542 Filed 3–18–11; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
[File No. 102 3055]
Legacy Learning Systems, Inc.;
Analysis of Proposed Consent Order
To Aid Public Comment
Federal Trade Commission.
Proposed Consent Agreement.
AGENCY:
ACTION:
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15312
Federal Register / Vol. 76, No. 54 / Monday, March 21, 2011 / Notices
The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair or
deceptive acts or practices or unfair
methods of competition. The attached
Analysis to Aid Public Comment
describes both the allegations in the
draft complaint and the terms of the
consent order—embodied in the consent
agreement—that would settle these
allegations.
DATES: Comments must be received on
or before April 15, 2011.
ADDRESSES: Interested parties are
invited to submit written comments
electronically or in paper form.
Comments should refer to ‘‘Legacy
Learning Systems, File No. 102 3055’’ to
facilitate the organization of comments.
Please note that your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including on the
publicly accessible FTC Web site, at
https://www.ftc.gov/os/
publiccomments.shtm.
Because comments will be made
public, they should not include any
sensitive personal information, such as
an individual’s Social Security Number;
date of birth; driver’s license number or
other state identification number, or
foreign country equivalent; passport
number; financial account number; or
credit or debit card number. Comments
also should not include any sensitive
health information, such as medical
records or other individually
identifiable health information. In
addition, comments should not include
any ‘‘[t]rade secret or any commercial or
financial information which is obtained
from any person and which is privileged
or confidential. * * *,’’ as provided in
Section 6(f) of the FTC Act, 15 U.S.C.
46(f), and Commission Rule 4.10(a)(2),
16 CFR 4.10(a)(2). Comments containing
material for which confidential
treatment is requested must be filed in
paper form, must be clearly labeled
‘‘Confidential,’’ and must comply with
FTC Rule 4.9(c), 16 CFR 4.9(c).1
Because paper mail addressed to the
FTC is subject to delay due to
heightened security screening, please
consider submitting your comments in
electronic form. Comments filed in
electronic form should be submitted by
using the following weblink: https://
ftcpublic.commentworks.com/ftc/
mstockstill on DSKH9S0YB1PROD with NOTICES
SUMMARY:
1 The comment must be accompanied by an
explicit request for confidential treatment,
including the factual and legal basis for the request,
and must identify the specific portions of the
comment to be withheld from the public record.
The request will be granted or denied by the
Commission’s General Counsel, consistent with
applicable law and the public interest. See FTC
Rule 4.9(c), 16 CFR 4.9(c).
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Jkt 223001
legacylearningsystems and following the
instructions on the web-based form. To
ensure that the Commission considers
an electronic comment, you must file it
on the web-based form at https://
ftcpublic.commentworks.com/ftc/legacy
learningsystems. If this Notice appears
at https://www.regulations.gov/search/
index.jsp, you may also file an
electronic comment through that Web
site. The Commission will consider all
comments that regulations.gov forwards
to it. You may also visit the FTC Web
site at https://www.ftc.gov/ to read the
Notice and the news release describing
it.
A comment filed in paper form
should include the ‘‘Legacy Learning
Systems, File No. 102 3055’’ reference
both in the text and on the envelope,
and should be mailed or delivered to the
following address: Federal Trade
Commission, Office of the Secretary,
Room H–113 (Annex D), 600
Pennsylvania Avenue, NW.,
Washington, DC 20580. The FTC is
requesting that any comment filed in
paper form be sent by courier or
overnight service, if possible, because
U.S. postal mail in the Washington area
and at the Commission is subject to
delay due to heightened security
precautions.
The Federal Trade Commission Act
(‘‘FTC Act’’) and other laws the
Commission administers permit the
collection of public comments to
consider and use in this proceeding as
appropriate. The Commission will
consider all timely and responsive
public comments that it receives,
whether filed in paper or electronic
form. Comments received will be
available to the public on the FTC Web
site, to the extent practicable, at
https://www.ftc.gov/os/
publiccomments.shtm. As a matter of
discretion, the Commission makes every
effort to remove home contact
information for individuals from the
public comments it receives before
placing those comments on the FTC
Web site. More information, including
routine uses permitted by the Privacy
Act, may be found in the FTC’s privacy
policy, at https://www.ftc.gov/ftc/
privacy.shtm.
FOR FURTHER INFORMATION CONTACT:
Stacey Ferguson (202–326–2361) or
Victor DeFrancis (202–326–3495), FTC
Bureau of Consumer Protection, 600
Pennsylvania Avenue, NW.,
Washington, DC 20580.
SUPPLEMENTARY INFORMATION: Pursuant
to section 6(f) of the Federal Trade
Commission Act, 38 Stat. 721, 15 U.S.C.
46(f), and § 2.34 the Commission Rules
of Practice, 16 CFR 2.34, notice is
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hereby given that the above-captioned
consent agreement containing a consent
order to cease and desist, having been
filed with and accepted, subject to final
approval, by the Commission, has been
placed on the public record for a period
of thirty (30) days. The following
Analysis to Aid Public Comment
describes the terms of the consent
agreement, and the allegations in the
complaint. An electronic copy of the
full text of the consent agreement
package can be obtained from the FTC
Home Page (for March 15, 2010), on the
World Wide Web, at https://www.ftc.gov/
os/actions.shtm. A paper copy can be
obtained from the FTC Public Reference
Room, Room 130–H, 600 Pennsylvania
Avenue, NW., Washington, DC 20580,
either in person or by calling (202) 326–
2222.
Public comments are invited, and may
be filed with the Commission in either
paper or electronic form. All comments
should be filed as prescribed in the
ADDRESSES section above, and must be
received on or before the date specified
in the DATES section.
Analysis of Agreement Containing
Consent Order To Aid Public Comment
The Federal Trade Commission
(‘‘FTC’’ or ‘‘Commission’’) has accepted,
subject to final approval, an agreement
containing a consent order from Legacy
Learning Systems, Inc. and Lester
Gabriel Smith, an officer and director of
the corporation (‘‘respondents’’).
The proposed consent order
(‘‘proposed order’’) has been placed on
the public record for thirty (30) days for
receipt of comments by interested
persons. Comments received during this
period will become part of the public
record. After thirty (30) days, the
Commission will again review the
agreement and the comments received,
and will decide whether it should
withdraw from the agreement and take
appropriate action or make final the
agreement’s proposed order.
The practices challenged in this case
relate to the advertising of respondents’
instructional courses via an online
affiliate marketing program. According
to the Commission’s complaint, many of
respondents’ affiliates promoted
respondents’ instructional courses
through positive endorsements in
articles, blog posts, or other online
editorial copy that contained hyperlinks
to respondents’ Web site in close
proximity to the endorsements. For each
sale of an instructional course to a
consumer directed to respondents’ Web
site by an affiliate, respondents paid the
affiliate a commission of 20 to 45
percent of the purchase price. The
affiliates often posted endorsements
E:\FR\FM\21MRN1.SGM
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mstockstill on DSKH9S0YB1PROD with NOTICES
Federal Register / Vol. 76, No. 54 / Monday, March 21, 2011 / Notices
about respondents’ instructional courses
using statements that gave readers the
impression the endorsements had been
submitted by ordinary consumers or
independent reviewers. Respondents
failed to implement a reasonable
monitoring program to ensure that these
postings clearly and prominently
disclosed the compensated nature of the
affiliates’ relationship to respondents.
The Commission’s complaint alleges
that respondents violated Section 5 of
the FTC Act by disseminating or causing
to be disseminated reviews of their
instructional courses that
misrepresented that they were those of
independent, ordinary consumers. The
complaint further alleges that
respondents violated Section 5 by
failing to disclose, or disclose
adequately, that the affiliates receive
financial compensation from the sale of
respondents’ products.
Part I of the proposed order prohibits
respondents, in connection with the
advertising of any product or service,
from misrepresenting the status of any
user or endorser of a product or service,
including, but not limited to,
misrepresenting that the user or
endorser is an independent user or
ordinary consumer of the product or
service.
Part II prohibits respondents from
making any representation about any
user or endorser of a product or service
unless they disclose, clearly and
prominently, a material connection,
when one exists, between the user or
endorser of the product or service and
any other party involved in promoting
that product or service. The proposed
order defines ‘‘material connection’’ as
any relationship that materially affects
the weight or credibility of any
endorsement and would not be
reasonably expected by consumers.
Part III requires respondents to take
immediate steps to ensure compliance
with Parts I and II of the order,
including maintaining a system to
review and monitor their affiliate
representations and disclosures. The
proposed order requires respondents to
determine, on a semi-annual basis, their
top fifty (50) revenue-generating
affiliates, and then monitor, on a
monthly basis, the Web sites of those
affiliates and the Web sites of a random
sample of fifty (50) of their remaining
affiliates. Part III also requires
respondents to terminate any affiliate
who engages in conduct inconsistent
with Parts I and II of the order and to
maintain reports regarding compliance
with Part III of the order.
Part IV requires respondents to serve
copies of the order to prospective
affiliates prior to their entry into
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Jkt 223001
respondents’ affiliate program, and to
current affiliates within ten days of the
date of service of the order.
Part V requires respondents to pay to
the Commission a sum of $250,000. This
payment may be used in the
Commission’s sole discretion to provide
appropriate relief, which may include,
but is not limited to, the recision of
contracts, payment of damages, and/or
public notification respecting the unfair
or deceptive acts or practices alleged in
the complaint. If the Commission
determines that such relief is wholly or
partially impracticable, any or all such
funds shall be paid to the United States
Treasury.
Parts VI through X of the proposed
order require respondents to: Keep
copies of relevant consumer complaints
and inquiries, documents demonstrating
order compliance, and any documents
relating to any representation covered
by this order; provide copies of the
order to certain of their personnel;
notify the Commission of changes in
corporate structure that might affect
compliance obligations under the order;
notify the Commission of changes in
corporate business or employment as to
respondent Lester Gabriel Smith
individually; and file compliance
reports with the Commission. Part XI
provides that the order will terminate
after twenty (20) years, with certain
exceptions.
The purpose of this analysis is to
facilitate public comment on the
proposed order, and it is not intended
to constitute an official interpretation of
the agreement and proposed order or to
modify in any way their terms.
By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 2011–6491 Filed 3–18–11; 8:45 am]
BILLING CODE 6750–01–P
FEDERAL TRADE COMMISSION
[File No. 102 3087]
Chitika, Inc.; Analysis of Proposed
Consent Order To Aid Public Comment
Federal Trade Commission.
Proposed consent agreement.
AGENCY:
ACTION:
The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair or
deceptive acts or practices or unfair
methods of competition. The attached
Analysis to Aid Public Comment
describes both the allegations in the
draft complaint and the terms of the
consent order—embodied in the consent
agreement—that would settle these
allegations.
SUMMARY:
PO 00000
Frm 00036
Fmt 4703
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15313
Comments must be received on
or before April 14, 2011.
ADDRESSES: Interested parties are
invited to submit written comments
electronically or in paper form.
Comments should refer to ‘‘Chitika, File
No. 102 3087’’ to facilitate the
organization of comments. Please note
that your comment—including your
name and your state—will be placed on
the public record of this proceeding,
including on the publicly accessible
FTC Web site, at https://www.ftc.gov/os/
publiccomments.shtm.
Because comments will be made
public, they should not include any
sensitive personal information, such as
an individual’s Social Security Number;
date of birth; driver’s license number or
other state identification number, or
foreign country equivalent; passport
number; financial account number; or
credit or debit card number. Comments
also should not include any sensitive
health information, such as medical
records or other individually
identifiable health information. In
addition, comments should not include
any ‘‘[t]rade secret or any commercial or
financial information which is obtained
from any person and which is privileged
or confidential * * *’’ as provided in
Section 6(f) of the FTC Act, 15 U.S.C.
46(f), and Commission Rule 4.10(a)(2),
16 CFR 4.10(a)(2). Comments containing
material for which confidential
treatment is requested must be filed in
paper form, must be clearly labeled
‘‘Confidential’’, and must comply with
FTC Rule 4.9(c), 16 CFR 4.9(c).1
Because paper mail addressed to the
FTC is subject to delay due to
heightened security screening, please
consider submitting your comments in
electronic form. Comments filed in
electronic form should be submitted by
using the following weblink: https://
ftcpublic.commentworks.com/ftc/
chitika and following the instructions
on the Web-based form. To ensure that
the Commission considers an electronic
comment, you must file it on the Webbased form at the https://
ftcpublic.commentworks.com/ftc/
chitika. If this Notice appears at
https://www.regulations.gov/search/
index.jsp, you may also file an
electronic comment through that Web
site. The Commission will consider all
comments that regulations.gov forwards
DATES:
1 The comment must be accompanied by an
explicit request for confidential treatment,
including the factual and legal basis for the request,
and must identify the specific portions of the
comment to be withheld from the public record.
The request will be granted or denied by the
Commission’s General Counsel, consistent with
applicable law and the public interest. See FTC
Rule 4.9(c), 16 CFR 4.9(c).
E:\FR\FM\21MRN1.SGM
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Agencies
[Federal Register Volume 76, Number 54 (Monday, March 21, 2011)]
[Notices]
[Pages 15311-15313]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-6491]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
[File No. 102 3055]
Legacy Learning Systems, Inc.; Analysis of Proposed Consent Order
To Aid Public Comment
AGENCY: Federal Trade Commission.
ACTION: Proposed Consent Agreement.
-----------------------------------------------------------------------
[[Page 15312]]
SUMMARY: The consent agreement in this matter settles alleged
violations of federal law prohibiting unfair or deceptive acts or
practices or unfair methods of competition. The attached Analysis to
Aid Public Comment describes both the allegations in the draft
complaint and the terms of the consent order--embodied in the consent
agreement--that would settle these allegations.
DATES: Comments must be received on or before April 15, 2011.
ADDRESSES: Interested parties are invited to submit written comments
electronically or in paper form. Comments should refer to ``Legacy
Learning Systems, File No. 102 3055'' to facilitate the organization of
comments. Please note that your comment--including your name and your
state--will be placed on the public record of this proceeding,
including on the publicly accessible FTC Web site, at https://www.ftc.gov/os/publiccomments.shtm.
Because comments will be made public, they should not include any
sensitive personal information, such as an individual's Social Security
Number; date of birth; driver's license number or other state
identification number, or foreign country equivalent; passport number;
financial account number; or credit or debit card number. Comments also
should not include any sensitive health information, such as medical
records or other individually identifiable health information. In
addition, comments should not include any ``[t]rade secret or any
commercial or financial information which is obtained from any person
and which is privileged or confidential. * * *,'' as provided in
Section 6(f) of the FTC Act, 15 U.S.C. 46(f), and Commission Rule
4.10(a)(2), 16 CFR 4.10(a)(2). Comments containing material for which
confidential treatment is requested must be filed in paper form, must
be clearly labeled ``Confidential,'' and must comply with FTC Rule
4.9(c), 16 CFR 4.9(c).\1\
---------------------------------------------------------------------------
\1\ The comment must be accompanied by an explicit request for
confidential treatment, including the factual and legal basis for
the request, and must identify the specific portions of the comment
to be withheld from the public record. The request will be granted
or denied by the Commission's General Counsel, consistent with
applicable law and the public interest. See FTC Rule 4.9(c), 16 CFR
4.9(c).
---------------------------------------------------------------------------
Because paper mail addressed to the FTC is subject to delay due to
heightened security screening, please consider submitting your comments
in electronic form. Comments filed in electronic form should be
submitted by using the following weblink: https://ftcpublic.commentworks.com/ftc/legacylearningsystems and following the
instructions on the web-based form. To ensure that the Commission
considers an electronic comment, you must file it on the web-based form
at https://ftcpublic.commentworks.com/ftc/legacylearningsystems. If
this Notice appears at https://www.regulations.gov/search/index.jsp, you
may also file an electronic comment through that Web site. The
Commission will consider all comments that regulations.gov forwards to
it. You may also visit the FTC Web site at https://www.ftc.gov/ to read
the Notice and the news release describing it.
A comment filed in paper form should include the ``Legacy Learning
Systems, File No. 102 3055'' reference both in the text and on the
envelope, and should be mailed or delivered to the following address:
Federal Trade Commission, Office of the Secretary, Room H-113 (Annex
D), 600 Pennsylvania Avenue, NW., Washington, DC 20580. The FTC is
requesting that any comment filed in paper form be sent by courier or
overnight service, if possible, because U.S. postal mail in the
Washington area and at the Commission is subject to delay due to
heightened security precautions.
The Federal Trade Commission Act (``FTC Act'') and other laws the
Commission administers permit the collection of public comments to
consider and use in this proceeding as appropriate. The Commission will
consider all timely and responsive public comments that it receives,
whether filed in paper or electronic form. Comments received will be
available to the public on the FTC Web site, to the extent practicable,
at https://www.ftc.gov/os/publiccomments.shtm. As a matter of
discretion, the Commission makes every effort to remove home contact
information for individuals from the public comments it receives before
placing those comments on the FTC Web site. More information, including
routine uses permitted by the Privacy Act, may be found in the FTC's
privacy policy, at https://www.ftc.gov/ftc/privacy.shtm.
FOR FURTHER INFORMATION CONTACT: Stacey Ferguson (202-326-2361) or
Victor DeFrancis (202-326-3495), FTC Bureau of Consumer Protection, 600
Pennsylvania Avenue, NW., Washington, DC 20580.
SUPPLEMENTARY INFORMATION: Pursuant to section 6(f) of the Federal
Trade Commission Act, 38 Stat. 721, 15 U.S.C. 46(f), and Sec. 2.34 the
Commission Rules of Practice, 16 CFR 2.34, notice is hereby given that
the above-captioned consent agreement containing a consent order to
cease and desist, having been filed with and accepted, subject to final
approval, by the Commission, has been placed on the public record for a
period of thirty (30) days. The following Analysis to Aid Public
Comment describes the terms of the consent agreement, and the
allegations in the complaint. An electronic copy of the full text of
the consent agreement package can be obtained from the FTC Home Page
(for March 15, 2010), on the World Wide Web, at https://www.ftc.gov/os/actions.shtm. A paper copy can be obtained from the FTC Public
Reference Room, Room 130-H, 600 Pennsylvania Avenue, NW., Washington,
DC 20580, either in person or by calling (202) 326-2222.
Public comments are invited, and may be filed with the Commission
in either paper or electronic form. All comments should be filed as
prescribed in the ADDRESSES section above, and must be received on or
before the date specified in the DATES section.
Analysis of Agreement Containing Consent Order To Aid Public Comment
The Federal Trade Commission (``FTC'' or ``Commission'') has
accepted, subject to final approval, an agreement containing a consent
order from Legacy Learning Systems, Inc. and Lester Gabriel Smith, an
officer and director of the corporation (``respondents'').
The proposed consent order (``proposed order'') has been placed on
the public record for thirty (30) days for receipt of comments by
interested persons. Comments received during this period will become
part of the public record. After thirty (30) days, the Commission will
again review the agreement and the comments received, and will decide
whether it should withdraw from the agreement and take appropriate
action or make final the agreement's proposed order.
The practices challenged in this case relate to the advertising of
respondents' instructional courses via an online affiliate marketing
program. According to the Commission's complaint, many of respondents'
affiliates promoted respondents' instructional courses through positive
endorsements in articles, blog posts, or other online editorial copy
that contained hyperlinks to respondents' Web site in close proximity
to the endorsements. For each sale of an instructional course to a
consumer directed to respondents' Web site by an affiliate, respondents
paid the affiliate a commission of 20 to 45 percent of the purchase
price. The affiliates often posted endorsements
[[Page 15313]]
about respondents' instructional courses using statements that gave
readers the impression the endorsements had been submitted by ordinary
consumers or independent reviewers. Respondents failed to implement a
reasonable monitoring program to ensure that these postings clearly and
prominently disclosed the compensated nature of the affiliates'
relationship to respondents.
The Commission's complaint alleges that respondents violated
Section 5 of the FTC Act by disseminating or causing to be disseminated
reviews of their instructional courses that misrepresented that they
were those of independent, ordinary consumers. The complaint further
alleges that respondents violated Section 5 by failing to disclose, or
disclose adequately, that the affiliates receive financial compensation
from the sale of respondents' products.
Part I of the proposed order prohibits respondents, in connection
with the advertising of any product or service, from misrepresenting
the status of any user or endorser of a product or service, including,
but not limited to, misrepresenting that the user or endorser is an
independent user or ordinary consumer of the product or service.
Part II prohibits respondents from making any representation about
any user or endorser of a product or service unless they disclose,
clearly and prominently, a material connection, when one exists,
between the user or endorser of the product or service and any other
party involved in promoting that product or service. The proposed order
defines ``material connection'' as any relationship that materially
affects the weight or credibility of any endorsement and would not be
reasonably expected by consumers.
Part III requires respondents to take immediate steps to ensure
compliance with Parts I and II of the order, including maintaining a
system to review and monitor their affiliate representations and
disclosures. The proposed order requires respondents to determine, on a
semi-annual basis, their top fifty (50) revenue-generating affiliates,
and then monitor, on a monthly basis, the Web sites of those affiliates
and the Web sites of a random sample of fifty (50) of their remaining
affiliates. Part III also requires respondents to terminate any
affiliate who engages in conduct inconsistent with Parts I and II of
the order and to maintain reports regarding compliance with Part III of
the order.
Part IV requires respondents to serve copies of the order to
prospective affiliates prior to their entry into respondents' affiliate
program, and to current affiliates within ten days of the date of
service of the order.
Part V requires respondents to pay to the Commission a sum of
$250,000. This payment may be used in the Commission's sole discretion
to provide appropriate relief, which may include, but is not limited
to, the recision of contracts, payment of damages, and/or public
notification respecting the unfair or deceptive acts or practices
alleged in the complaint. If the Commission determines that such relief
is wholly or partially impracticable, any or all such funds shall be
paid to the United States Treasury.
Parts VI through X of the proposed order require respondents to:
Keep copies of relevant consumer complaints and inquiries, documents
demonstrating order compliance, and any documents relating to any
representation covered by this order; provide copies of the order to
certain of their personnel; notify the Commission of changes in
corporate structure that might affect compliance obligations under the
order; notify the Commission of changes in corporate business or
employment as to respondent Lester Gabriel Smith individually; and file
compliance reports with the Commission. Part XI provides that the order
will terminate after twenty (20) years, with certain exceptions.
The purpose of this analysis is to facilitate public comment on the
proposed order, and it is not intended to constitute an official
interpretation of the agreement and proposed order or to modify in any
way their terms.
By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 2011-6491 Filed 3-18-11; 8:45 am]
BILLING CODE 6750-01-P