“A careful review of the allegations in the Second Amended Complaint makes clear that the FTC has plausibly alleged that Dennis made misleading and material representations regarding customers’ potential earnings from Raging Bull’s products. First, the FTC plausibly alleges that Dennis made income-related ‘representations’ through electronic means which were directed at consumers,” said U.S. District Judge George L. Russell, III, for the District of Maryland.

       

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