Bing AI was asked: “what are the details of the company who was shut down by FTC and now sales reps filed class action lawsuit in 2023?”
Bing AI says: The company you are referring to is a credit repair services company (our note: Probably FES, Financial Education Services) that was shut down by the Federal Trade Commission (FTC) for piloting a pyramid scheme. The company was hit with a proposed class action by ex-sales agents who say the firm encouraged them to seek work with competitors during a court-ordered temporary shutdown but then fired them for doing so (law360.com).
The former sales representatives initially sued the company in November 2022, alleging breach of its sales representative contract and violation of Michigan consumer protection law (law360.com).
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