Supreme Court justices struggled to balance precedent enabling the FTC to follow customer redress from fraudsters against limits when you look at the agency’s statute that is governing a case involving a payday lender’s $1.3 billion penalty.

The high court heard arguments Wednesday in AMG Capital Management LLC v. FTC, an instance that may constrain the commission from searching for financial relief for fraud victims under part 13(b) associated with Federal Trade Commission Act. Continue reading →