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Airborne, Inc.
Airborne, Inc., Reaches Agreement With the Federal Trade Commission Over Older Advertising and Labeling of Products
August 29th, 2008
Airborne, Inc., has settled its case with the Federal Trade Commission over older advertising and labeling of its dietary supplement products. The settlement provides additional funding of up to $6.5 million for consumers who request refunds as part of a class action lawsuit settlement. Airborne has denied wrongdoing or illegal conduct in both the class action and before the Federal Trade Commission, but reached an agreement with the FTC and agreed to settle the class action lawsuit, to avoid continued expense and distraction from management of the business. "The additional funding is not a fine," says attorney Helene Jaffe who represents Airborne....
Source: Health Business Week (2008-08-29)
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