'Brain-training' app Lumosity will pay $2 million for deceptive advertising

If you think an app that helps prevent Alzheimer's disease sounds too good to be true, you were right. According to the FTC, that is.

The makers of Lumosity, a self described "brain-training" app that claimed to help users improve cognitive performance, will pay $2 million as the result of a settlement with the FTC over deceptive advertising.

Lumos Labs "deceived consumers with unfounded claims that Lumosity games can help users perform better at work and in school, and reduce or delay cognitive impairment associated with age and other serious health conditions," says an FTC statement released Tuesday. Read more...