Lumosity “Brain Training” App Maker To Pay $2 Million Settlement To FTC

 Lumos Labs, the creator of “brain training program” Lumosity with $67.5 million in venture funding, has agreed to pay a $2 million settlement to the Federal Trade Commission for its deceptive advertising. As part of the settlement, the company has to notify all of its customers who signed up for an auto-renewal plan between Jan. 1, 2009 and Dec. 31, 2014 about the FTC… Read More

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