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January 6, 2016 08:25 pm GMT
Lumos Labs, the creator of “brain trainingprogram” Lumosity with $67.5 million in venture funding, hasagreed to pay a $2 million settlement to the Federal Trade Commission for its deceptive advertising.As part of the settlement, thecompany has to notify all of its customers who signed up foran auto-renewal plan between Jan. 1, 2009 and Dec. 31, 2014 about the FTC… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VAwZ1Kjt8Y4/
Lumosity Brain Training App Maker To Pay $2 Million Settlement To FTC
Lumos Labs, the creator of “brain trainingprogram” Lumosity with $67.5 million in venture funding, hasagreed to pay a $2 million settlement to the Federal Trade Commission for its deceptive advertising.As part of the settlement, thecompany has to notify all of its customers who signed up foran auto-renewal plan between Jan. 1, 2009 and Dec. 31, 2014 about the FTC… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/VAwZ1Kjt8Y4/
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