James R. Ferguson

71 S. Wacker, Chicago, IL 60606

Federal judge vacates $9.1M judgment in FTC case for being "a grossly excessive penalty"

By Jonathan Bilyk | Friday, Dec 19, 2014 @ 11:26am

A Slovakia-based company accused by U.S. federal regulators of bilking sums potentially amounting to millions of dollars by scamming and harassing unsuspecting small and mid-sized businesses has won a chance to defend itself in Chicago's federal court against the allegations and – for now – avoid paying more than $9 million in damages.On Dec. 11, U.S. District Judge Andrea R. Wood vacated a $9.1 million