Lumosity To Pay $2 Million To Settle FTC Claims

The Washington Post (1/6, Peterson, Fung) reports that “brain training” company Lumosity “has agreed to pay $2 million to settle charges” brought by the Federal Trade Commission. The FTC alleged the company misled consumers with claims that were not backed by scientific studies, and “failed to disclose that testimonials promoting its product were solicited through contests where consumers received prizes such as iPads or trips to San Francisco.” Jessica Rich, Director of the FTC’s Bureau of Consumer Protection, said in a news release, “Lumosity preyed on consumers’ fears about age-related cognitive decline, suggesting their games could stave off memory loss, dementia, and even Alzheimer’s disease.”Lumosity To Pay $2 Million To Settle FTC Claims.

Related Links:

— “FTC: ‘Brain training’ brand Lumosity didn’t have the research to back up its claims,” Andrea Peterson and Brian Fung, Washington Post, January 5, 2016.

Posted in In The News.