Facts

The Federal Trade Commission filed a complaint against Apex Capital Group, LLC, Capstone Capital Solutions Limited, Clik Trix Limited, Empire Partners Limited, Interzoom Capital Limited, Lead Blast Limited, Mountain Venture Solutions Limited, Nutra Global Limited, Omni Group Limited, Rendezvous IT Limited, Sky Blue Media Limited, and Tactic Solutions Limited, David Barnett, an Officer of Apex Capital Group, and Phillip Peikos, an Officer of Apex Capital Group, in relation to Apex's "free trial" offers.

PLAINTIFF'S CONTENTIONS: Plaintiff contended that defendants marketed "free trial" offers for personal care products and dietary supplements, when in fact, defendants billed consumers the full price for the products. Moreover, plaintiff also alleged that defendants enrolled consumers in continuity programs for these products, without their knowledge or consent.

DEFENDANTS' CONTENTIONS: Defendants neither admitted nor denied the contentions.

Result

Plaintiffs entered into a settlement agreement with the following defendants: Apex Capital Group, Capstone Capital Solutions LTD, Clik Trix LTD, Empire Partners LTD, Interzoom Capital LTD, Lead Blast LTD, Mountain Venture Solutions LTD, Nutra Global LTD, Omni Group LTD, Rendezvous IT LTD, Sky Blue Media LTD, Tactic Solutions LTD, Phillip Peikos, and David Barnett. These defendants agreed to pay $60,300,000, which will be partially suspended after they surrender their interests in assets. Moreover, Barnett agreed to pay $47,300,000, which will also be partially suspended after he surrenders $1 million in his assets. Additionally, the listed defendants agreed to be enjoined from continuing these practices.

Other Information

The litigation continued as to defendants SIA Transact Pro and Mark Moskvins.