United States v. Roy M. Cox Jr., Castle Rock Capital Management S.A., Capital Solutions Group S.A., Transfers Argentina S.A., Public Service, Marketing Strategy Group, and Castle Rock Capital Management Inc.
Published: Mar. 9, 2013 | Result Date: Feb. 4, 2013 | Filing Date: Jan. 1, 1900 |Case number: 8:11-cv-01910-DOC-JPR Settlement – Permanent Injunction Granted
Facts
The Federal Trade Commission charged Roy Cox and several allegedly related companies with illegally failing to transmit their names or their clients' names on consumer caller ID displays when making their telemarketing calls offering credit card interest rate reduction programs, extended automobile warranties, and home securities systems. The FTC alleged that Cox was the architect of an operation that distributed illegal robocalls to consumers without their written consent.
Result
Without admitting the allegations in the complaint, Roy Cox agreed to a settlement order banning Cox from telemarketing. The order also imposed a $1.1 million civil penalty, but was suspended due to Cox's inability to pay. It will be due immediately if Cox was later found to have misrepresented his financial condition. The entity defendants were never served with the complaint and were dismissed from the lawsuit.
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