FTC entered final settlement with bankruptcy trustee for Internat...
FTC entered final settlement with bankruptcy trustee for International Telemedia Assoc. (ITA) that resolved cramming suit against ITA. Settlement gives FTC allowed claim of $3.5 million in ITA’s bankruptcy case. Commission said it already had received $700,000 from ITA’s…
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bankruptcy estate and expected further distribution. FTC filed suit against ITA and Online Consulting Group in July 1998 alleging they were engaged in cramming charges for audiotext services -- telephone-based entertainment programs - - onto consumers’ phone bills. In Sept. 1998 preliminary injunction was issued but both companies already had ceased operations. Settlement resolves outstanding claim for monetary relief against ITA, agency said.