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In the Matter of LendEDU
Case summary
LendEDU was fined for promoting products in exchange for a fee and posting fake positive reviews on its website.
Our analysis
Accordingly:
Outcome
In the case outcome, the final order resolving the FTC's charges mandates that LendEDU and its operators are prohibited from misrepresenting the objectivity of product rankings, the impact of compensation on content, and material connections or endorsements with companies. Additionally, LendEDU is obligated to pay a fine of $350,000.
Parties
Federal Trade Commission and LendEDU