National Dynamics Corporation

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IN THE MATTER OF NATIONAL DYNAMICS CORPORATION, ET AL.

ORDER, ETC., IN REGARD TO THE ALLEGED VIOLATION OF THE FEDERAL TRADE COMMISSION ACT . Docket 8803. Complaint, Nov: 21; 1969—Decision, Feb. 16, 1973. Order requiring a New York City seller of battery additive, VX-6, and other articles of merchandise, among other things to cease misrepresenting earnings and profits from resale of its products; failing to maintain adequate records which substantiate its earnings claims; representing that any product has been approved by a laboratory or other organization or person; and misrepresenting the results of scientific tests. ia 7 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 National Dynamics Corporation, a corporation, and Elliott Meyer, 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 i respect thereof would be in the public interest, hereby issues its complaint stating its charges in that respect as follows: *Reported as amended by the hearing examiner’s order dated July 7, 1970. Order | 82 F.T.C.

date of every such acquisition or merger, the products involved and such additional information as may from time to time be “*"- -réquired. ae ~ 5. It is further ordered, That Avnet notify the Commission at least thirty (30) days prior to any proposed change in the corporate respondent such as dissolution, assignment or sale resulting in the emergence of a successor corporation, the creation or dissolution of subsidiaries or any other change in the corporation which may affect compliance obligations arising out of the order.

Commissioner Dennison dissented for the reasons set forth in his dissenting statement. .