SEC NEWS
Amazon shares to fall 4% in 5 days on FTC lawsuit over misleading ads
FTC sues Amazon for $1.2B in damages over misleading advertisers, shares to drop 4% in 5 days.
- Ticker
- AMZN
Filing analysis
FTC alleges Amazon misled advertisers about pricing/auction systems; AMZN faces $1.2B fine and reputational damage.
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Source: Original SEC filing
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