AMG Capital Management was a company involved in the payday-lending litigation that led to the Supreme Court’s 2021 decision about monetary remedies under Section 13(b) of the FTC Act.
This historical defendant is not Affiliated Managers Group. The Supreme Court ruling addressed statutory remedial authority, rather than approving the underlying lending conduct.
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The Supreme Court’s 2021 AMG decision rejected monetary relief under FTC Act Section 13(b). It did not approve deceptive payday lending or eliminate every route to consumer recovery; it changed which legal pathway could support the remedy.
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