FTC's $1.3B Loan Row Win Used 'Red Herring,' 9th Circ. Told
By Cara Bayles ( August 15, 2018, 9:51 PM EDT) -- Professional auto racer Scott Tucker asked the Ninth Circuit on Wednesday to reverse a $1.3 billion judgment against his payday loan companies for deceiving and overcharging customers, saying borrowers' loan contracts included all necessary information and calling the Federal Trade Commission's claim they hid unfavorable terms "a red herring."...
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