Published on July 28th, 20140
Tell the FTC to Reject Proposed Settlement with L’Oréal
While the settlement prohibits the cosmetic giant from making certain claims without proper substantiation, it does not however, give consumers ANY money back on their purchases despite the fact that the products cost as much as $132. L’Oréal has sold well over 9 million bottles and had over $1 billion in net sales from Génefique alone. In it’s press release, L’Oréal states:
The proposed agreement imposes no monetary penalties and expressly states that L’Oréal USA does not admit any improper advertising practices.
TINA.org is urging consumers to tell the FTC to reject this settlement and require consumer refunds. To let the FTC know what you think, fill out the form here. The deadline for submitting comments is July 30, 2014.