Prospect Bracelet Company, Inc.
Volume 66 · 66 F.T.C. 926
product labelingpricing comparisonsdeceptive advertising
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Prospect Bracelet Company, Inc., 66 F.T.C. 926 (1964). Consumer Law Library, https://consumerlawlibrary.org/decisions/v066-0088
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In the Matter or PROSPECT BRACELET COMPANY, INC., ET AL.
ORDER, ETC., IN REGARD TO THE ALLEGED VIOLATION OF THE FEDERAL TRADE COMMISSION ACT Docket 8611. Complaint, Dec. 27, 1963—Decision, Oct. 3, 1964 Order requiring a New York City distributor of watches and watchbands to cease failing to disclose adequately the foreign origin of its imported watchpands and preticketing said product with excessive prices. Complaint Pursuant to the provisions of the Federal Trade Commission Act, and by virtue of the authority vested in it by said Act, the Federal Trade Commission, having reason to believe that Prospect Bracelet Company, Inc., a corporation, and Sheldon Parker, individually and as an officer of said corporation, hereinafter referred to as respondents, have violated the provisions of said Act, and it appearing to the Commission that a proceeding by it in respect thereof would be in the public interest, hereby issues its complaint stating its charges in that respect as follows:
Paracrapy 1. Respondent Prospect Bracelet Company, Inc., is a corporation organized, existing and doing business under and. by virtue of the laws of the State of New York, with its office and principal place of business located at 188 West 4th Street in the city _ of New York, State of New York.
Respondent Sheldon Parker is an officer of the corporate respondent. He formulates, directs and controls the acts and practices of the corporate respondent, including the acts and practices hereinafter set forth. His address is the same as that of the corporate respondent. Par. 2. Respondents are now, and for some time Jast. past have been, engaged in the advertising, offering for care, sale and distribution of Complaint 66 F.T.C.
sion and to the terms, conditions and prohibitions of this Order as it applies to WEAR-EVER ALUMINUM, INC., or to prior intervening successors to the aforementioned business of selling aluminum stock pots and pans.
It is further ordered, That the respondent Wear-EVER ALUMINUM, rnc. shall, within sixty (60) days after service upon it of this order, file with the Commission a report in writing setting forth in detail the manner and form in which it has complied with this order.