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Helsinki Formula anti-baldness claims barred under FTC/Pantron settlement.

This article was originally published in The Tan Sheet

Executive Summary

HELSINKI FORMULA FTC SETTLEMENT: PANTRON LIQUIDATION PROCEEDS will be collected by the commission for a consumer redress program, according to a stipulated final judgment and permanent injunction filed in Los Angeles federal court Feb. 11 and announced by the Federal Trade Commission on Feb. 12. The settlement, which is not considered a fine or penalty, is intended to compensate purchasers of Pantron I's Helsinki Formula anti-baldness product and supports FTC's contention that Pantron made "false and deceptive" anti-baldness claims for Helsinki Formula.
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