Federal Trade Commission v. IFC Credit Corp.
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
JEFFREY COLE, United States Magistrate Judge.
NorVergence, Inc. leased telecommunications equipment to small businesses, religious and other non-profit organizations as part of an integrated package of telecommunications services. The consumers — as we shall see, this is the appropriate designation under § 5 of the Federal Trade Commission Act (“FTCA”)—were promised “dramatic savings” on the telecommunications services as the result of the “supposedly wondrous equipment,” which NorVergence called a “Merged Access Transport Intelligent Xchange (MATRIX) device,” IFC…
2Cases cited112 opinions
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