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FTC v PATHWAY MERCHANDISING INC Click to find out why . . .



Keywords & Phrases
CaseNo: FVPMI157111, CourtCode: FED, CourtName: FEDERAL TRADE COMMISSION, Plaintiff: FTC, State: NY New York, UniqueCaseRef: LCD>FVPMI157111, Assets, Receiver, Commission, Vend, United States, Franchise, Act, Federal Trade Commission, Receivership Defendants, Consumer, Officers, Pursuant, Ftc Act, Accounting, Complaint, Pathway Merchandising, Temporary Restraining Order, Consumers, Violations, Earnings Claims, Employees, Business Ventures, York, Relief, Vending, Evan Blumstein, Kenneth Finney, Preliminary Injunction, Civil Procedure, Possession, Disclosure, Vending Machine, United States District, York Corporation, Vend Incorporate , ContentID: 120247542

Case Documents
1   EX PARTE TEMPORARY RESTRAINING ORDER
[ see first page and extracted highlights below  ] ItemID: 117959
14 pages
HTML
2   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 117958
7 pages
HTML
Total Documents: 2 documents , 21 pages
Price: $ 24.95


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1 . EX PARTE TEMPORARY RESTRAINING ORDER

EXTRACTED KEY WORDS
RECEIVER
COURT
COMMISSION
DEFENDANTS
VEND
UNITED STATES
ACT
RECEIVERSHIP DEFENDANTS
FEDERAL TRADE COMMISSION
CONSUMER
PLAINTIFF
OFFICERS
PURSUANT
ACCOUNTING
BUSINESS
PATHWAY MERCHANDISING
TEMPORARY RESTRAINING ORDER
EVAN BLUMSTEIN
KENNETH FINNEY
PRELIMINARY INJUNCTION
COMPLAINT
CIVIL PROCEDURE
POSSESSION
EMPLOYEES
UNITED STATES DISTRICT
YORK CORPORATION
VEND INCORPORATE
APPOINTMENT
FTC
                        UNITED STATES DISTRICT COURT
                   FOR THE SOUTHERN DISTRICT OF NEW YORK

                    FEDERAL TRADE COMMISSION, Plaintiff,

                                     v.

         EVAN BLUMSTEIN, individually and as an officer of Pathway
   Merchandising, Inc. and Four Vend, Inc., KENNETH FINNEY, individually
    and as an officer of Four Vend, Inc., PATHWAY MERCHANDISING, INC., a
     New York corporation, and FOUR VEND, INC., a New York corporation,
    d/b/a IV Vend, IV Vending, Inc., For Vend and For Vend Incorporate,
                                Defendants.

                              CIVIL ACTION NO.

              EX PARTE TEMPORARY RESTRAINING ORDER WITH ASSET
        FREEZE AND ACCOUNTING, APPOINTMENT OF RECEIVER, AND ORDER TO
          SHOW CAUSE WHY A PRELIMINARY INJUNCTION SHOULD NOT ISSUE

   Plaintiff Federal Trade Commission ("FTC" or "Commission"), pursuant
   to Sections 13(b) and 19 of the Federal Trade Commission Act
   ("FTC Act"), 15 U.S.C. §53(b) and 57(b), filed its Complaint for a
   permanent injunction and other relief, including consumer redress, and
   moved ex parte for a temporary restraining order pursuant to Rule 65
   of the Federal Rules of Civil Procedure, Fed. R. Civ. P. 65. The Court
   has considered the complaint, memorandum of law, declarations and
   other materials filed in support of the Commission's motion and finds
   that:

          1. This Court has jurisdiction over the subject matter of this
          case, and there is good cause to believe it will have
          jurisdiction over all the parties hereto.
          2. There is good cause to believe that defendants Evan
          Blumstein, Kenneth Finney, Pathway Merchandising, Inc., and
          Four Vend, Inc., have violated Section 5(a) of the Federal
          Trade Commission Act, as amended, 15 U.S.C. § 45(a), and the
          Commission's Trade Regulation Rule entitled Disclosure
          Requirements and Prohibitions Concerning Franchising and
          Business Opportunity Ventures (hereinafter "Franchise Rule"),
          16 C.F.R. Section 436, and that the Commission therefore is
          likely to prevail on the merits of this action.
          3. There is good cause to believe that immediate and
          irreparable damage to the Court's ability to grant effective
          final relief for consumers in the form of monetary redress will
          occur from the transfer, disposition or concealment by
          defendants of their assets or business records unless
          defendants are immediately restrained and enjoined by Order of
SNIPPETS:
  • UNITED STATES DISTRICT COURT
  • FEDERAL TRADE COMMISSION, Plaintiff,
  • EVAN BLUMSTEIN, individually and as an officer of Pathway Merchandising, Inc. and Four Vend,
  • EX PARTE TEMPORARY RESTRAINING ORDER WITH ASSET FREEZE AND ACCOUNTING, APPOINTMENT OF
  • Plaintiff Federal Trade Commission ("FTC" or "Commission"), pursuant to Sections 13and 19 of
  • The Court has considered the complaint, memorandum of law, declarations and other materials
  • There is good cause to believe that defendants Evan Blumstein, Kenneth Finney, Pathway
  • There is good cause to believe that immediate and irreparable damage to the Court's ability
  • No security is required of any agency of the United States for issuance of a restraining
  • "Defendants" means Evan Blumstein, Kenneth Finney, Pathway Merchandising, Inc., and Four
  • "Document" is synonymous in meaning and equal in scope to the usage of the term in Federal
  • IT IS HEREBY ORDERED that defendants, and their officers, agents, directors, employees, expressly or by implication, any false or misleading oral or written statement or representation
  • transferring, converting, encumbering, selling, concealing, dissipating, disbursing, l with any defendant, including but not limited to any assets held by or for any defendant in any rior notice and opportunity to inspect the contents in order to determine that they contain no
  • employee, or agent of the Receivership Defendants,
  • PROVIDED, HOWEVER, that the Temporary Receiver shall not attempt to collect any amount from a

  • 2 . COMPLAINT

    EXTRACTED KEY WORDS
    FRANCHISE
    FTC ACT
    BUSINESS
    CONSUMERS
    VEND
    VIOLATIONS
    EARNINGS CLAIMS
    BUSINESS VENTURES
    YORK
    RELIEF
    VENDING
    COURT
    DISCLOSURE
    VENDING MACHINE
    PROSPECTIVE FRANCHISEES
    SOUTHERN DISTRICT
    FEDERAL TRADE COMMISSION
    PRACTICES
    TRANSACTS
    PURCHASERS
    PLAINTIFF
    COMPLAINT
    PATHWAY
    AFFECTING COMMERCE
    UNITED STATES
    EQUITABLE RELIEF
    EMPLOYEES
    AGENTS
    DISCLOSURE DOCUMENT
    
                            UNITED STATES DISTRICT COURT
                       FOR THE SOUTHERN DISTRICT OF NEW YORK
    
                        FEDERAL TRADE COMMISSION, Plaintiff,
    
                                         v.
    
             EVAN BLUMSTEIN, individually and as an officer of Pathway
       Merchandising, Inc., and Four Vend, Inc., KENNETH FINNEY, individually
        and as an officer of Four Vend, Inc., PATHWAY MERCHANDISING, INC., a
         New York corporation, and FOUR VEND, INC., a New York corporation,
        d/b/a IV Vend, IV Vending, Inc., For Vend and For Vend Incorporate,
                                    Defendants.
    
                                  CIVIL ACTION NO.
    
                              COMPLAINT FOR INJUNCTIVE
                             AND OTHER EQUITABLE RELIEF
    
       Plaintiff, the Federal Trade Commission ("FTC" or "the Commission"),
       for its complaint alleges:
       1. The FTC brings this action under Sections 5(a), 13(b) and 19 of the
       FTC Act, 15 U.S.C. §§ 45(a), 53(b) and 57b, to obtain temporary,
       preliminary, and permanent injunctive relief, rescission of contracts,
       restitution, disgorgement, appointment of a receiver, and other
       equitable relief for defendants' violations of Section 5(a) of the FTC
       Act, 15 U.S.C. § 45(a), and the FTC's Trade Regulation Rule entitled
       "Disclosure Requirements and Prohibitions Concerning Franchising and
       Business Opportunity Ventures" (the "Franchise Rule" or the "Rule"),
       16 C.F.R. § 436.
    
                               JURISDICTION AND VENUE
    
       2. This Court has subject matter jurisdiction over this action
       pursuant to 28 U.S.C. §§ 1331, 1337(a), and 1345, and 15 U.S.C.
       §§ 53(b) and 57b. This action arises under 15 U.S.C. § 45(a)(1).
    
       3. Venue in the United States District Court for the Southern District
       of New York is proper under 28 U.S.C. §§ 1391(b) and (c), and
       15 U.S.C. § 53(b).
    
                                    THE PARTIES
    
       4. Plaintiff, the Federal Trade Commission, is an independent agency
       of the United States Government created by statute. 15 U.S.C. § 41 et
       seq. The Commission is charged, inter alia, with enforcement of
       Section 5(a) of the FTC Act, 15 U.S.C. § 45(a), which prohibits unfair
       or deceptive acts or practices in or affecting commerce, as well as
    
    SNIPPETS:
  • UNITED STATES DISTRICT COURT
  • FOR THE SOUTHERN DISTRICT OF NEW YORK
  • FEDERAL TRADE COMMISSION, Plaintiff,
  • EVAN BLUMSTEIN, individually and as an officer of Pathway Merchandising, Inc., and Four Vend,
  • AND OTHER EQUITABLE RELIEF
  • Plaintiff, the Federal Trade Commission, for its complaint alleges:
  • The FTC brings this action under Sections 5, 13and 19 of the FTC Act, 15 U.S.C. §§ 45, 53and
  • Venue in the United States District Court for the Southern District of New York is proper
  • The Commission is charged, inter alia, with enforcement of Section 5of the FTC Act, 15 U.S.C.
  • The Commission is authorized to initiate federal district court proceedings, by its own
  • Defendant Evan Blumstein is an owner and an officer of corporate defendants Pathway, Inc.,
  • He transacts or has transacted business in the Southern District of New York.
  • Defendant Pathway Merchandising, Inc.,, a New York corporation with its principal place of
  • The defendants have promoted their business ventures to prospective purchasers by placing
  • In their advertisements, defendants make representations about the earnings potential of
  • defendants or their employees or agents make representations about the earnings potential of
  • However, defendants do not provide prospective franchisees with a basic disclosure document,
  • In addition, defendants make earnings claims to prospective franchisees, but do not provide
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