Source: Npros 10/16/2008

ITV Ventures Closes to New Distributors

ITV Distributors are reporting that the company has closed their doors to new distributors as of October 3rd.

This is in the wake of the recent FTC and US Court found ITV Direct and defendant Donald Barrett liable for up to $55 million dollars for deceptive claims.

In the court decision, Judge O'Toole concluded that the corporate defendants ITV Direct and Direct Marketing Concepts are liable for deceptive practices, in addition to the companies King Media Inc. and Triad ML Marketing Inc.

Triad functioned as a processing intermediary between Direct Marketing and its customers, while King Media provided television airtime for the infomercials. Both companies profited from their relationship with Barrett.

The FTC sought nearly $55 million from the defendants for their alleged violations, a figure that represented the full amount of consumer sales derived from Coral Calcium Daily and Supreme Greens with MSM.

In his opinion O'Toole said it is appropriate to hold Barrett individually liable because he was the "driving force" behind both infomercials.

"The record makes clear that Barrett played an integral role in commissioning, producing and disseminating both the Coral Calcium and Supreme Greens infomercials," the judge wrote.

The U.S. District Court order didn't specify how much the individual defendants each owe. O'Toole clarified that the amount of restitution cannot be resolved based on the legal paperwork filed so far.

On a related note, O'Toole dismissed a lawsuit Barrett filed against the FTC claiming the agency unlawfully infringed his company's right to due process under the Fifth Amendment and right to free speech.

The lawsuit came after the FTC won a preliminary injunction against ITV Direct and Direct Marketing Concepts.

View ITV Ventures Review

Related News

  • ITV Ventures and ITV Direct Found Liable for Claims
    The Beverly, Massachusetts supplment company found itself on the wrong side of judge's decision when the judge ruled that two informercials the company produced claiming their product could cure cancer were deceptive.The Federal Trade Commission and US District Court Judge George Otoole found thr...  Read More...
  • ITV Ventures Press Release
    TV Ventures is Launched The Newest Home Business Opportunity Date: Sunday, June 20, 2007 Medicine Lodge, ID - America's Supermompreneur praises ITV Ventures Home Business Opportunity. ITV Ventures will be the first ever to combine the Home Business Industry with a Multi-Million Dollar Infom...  Read More...
  • ITV Ventures Press Release
    Direct Response Marketing meets Network Marketing as leading infomercial company ITV Direct introduces ITV Ventures. ITV Direct will invest $50 million in TV infomercial advertising for their members to create the next work at home business giant in the multi-million dollar MLM industry.Denver, C...  Read More...
  • ITV Ventures tops MLM Rankings September Update
    ITV Ventures topped the MLMRankings.com September update for increase in internet interest metrix.Visit MLMRankings.com for more details....  Read More...

 

ITV Ventures News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed