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Violation Tracker Individual Record

Company: Medifast Inc.
Current Parent Company: Medifast Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $3,700,000
Year: 2012
Date: September 10, 2012
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Jason Pharmaceuticals Inc, a subsidiary of diet plan marketer Medifast Inc., agreed to pay a $3.7 million civil penalty to settle Federal Trade Commission charges that it violated a previous agency order by making unsupported claims about its weight-loss program.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Maryland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: weight loss products
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.