Federal Trade Commission v. Credit Bureau Center, LLC, Michael Brown, Danny Pierce, and Andrew Lloyd

CourtDistrict Court, N.D. Illinois
DecidedOctober 27, 2025
Docket1:17-cv-00194
StatusUnknown

This text of Federal Trade Commission v. Credit Bureau Center, LLC, Michael Brown, Danny Pierce, and Andrew Lloyd (Federal Trade Commission v. Credit Bureau Center, LLC, Michael Brown, Danny Pierce, and Andrew Lloyd) is published on Counsel Stack Legal Research, covering District Court, N.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Federal Trade Commission v. Credit Bureau Center, LLC, Michael Brown, Danny Pierce, and Andrew Lloyd, (N.D. Ill. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION

FEDERAL TRADE COMMISSION, ) ) Plaintiff, ) ) vs. ) ) Case No. 17 C 194 CREDIT BUREAU CENTER, LLC, ) MICHAEL BROWN, DANNY PIERCE, ) and ANDREW LLOYD, ) ) Defendants. )

MEMORANDUM OPINION AND ORDER MATTHEW F. KENNELLY, District Judge: In 2017, the Federal Trade Commission sued Credit Bureau Center, LLC, Michael Brown, Danny Pierce, and Andrew Lloyd for participating in a deceptive marketing campaign. CBC offered free credit scores on its websites and, without consent, enrolled over 150,000 consumers in a monthly credit monitoring service for a fee, defrauding them of almost seven million dollars. Lloyd, a subcontractor who generated traffic to CBC's websites through Craigslist posts, was represented by counsel and signed a consent judgment in 2017. The Court imposed an agreed-upon injunction and a monetary judgment. Lloyd now seeks relief from that agreed-upon judgment under Federal Rule of Civil Procedure 60(b)(4) and 60(b)(6). For the reasons below, the Court denies Lloyd's motion. Background The Court summarizes the facts and procedural history, which are presented in greater detail in previous opinions from both this Court and the Seventh Circuit. CBC was a credit-monitoring business owned by Michael Brown that, via its websites, offered free credit reports. Consumers requesting a free report were also enrolled in a $29.94 monthly credit monitoring service, which was disclosed only in

small print. Lloyd was a subcontractor for Danny Pierce, an affiliate marketer for CBC. Lloyd posted Craigslist ads for nonexistent rental properties to lure individuals to CBC websites. Pierce, assisted by Lloyd, generated about three million visits to CBC's sites and approximately seven million dollars in revenue. In 2017, the FTC brought the present civil case under the FTC Act, 15 U.S.C. §§ 41–58, the Restore Online Shoppers' Confidence Act, id. §§ 8401–05, and the Fair Credit Reporting Act, id. §§ 1681–1681x. The FTC sought an injunction and restitution. Lloyd and Pierce, each of whom was represented by counsel, signed consent judgments. Under section 13(b) of the FTC Act, 15 U.S.C. § 53(b), the Court ordered a monetary judgment of $6.8 million against both Lloyd and Pierce, which was

suspended after Lloyd paid $645,000 and Pierce paid $117,000. Lloyd (and Pierce) additionally "waive[d] all rights to appeal or otherwise challenge or contest the validity of this Order." Dkt. 146 at 2. The FTC's case against CBC and Brown continued. In 2017, the Court granted the FTC's motion for summary judgment and entered a monetary judgment of approximately five million dollars against CBC and Brown under section 13(b) of the FTC Act. After the Seventh Circuit and then the Supreme Court held that section 13(b) did not allow equitable monetary relief, the Court reimposed the same judgment terms under other statutory provisions, and the Seventh Circuit affirmed. See FTC v. Credit Bureau Ctr., LLC, 937 F.3d 764 (7th Cir. 2019); AMG Capital Management, LLC v. FTC, 593 U.S. 67 (2021); FTC v. Credit Bureau Ctr., LLC, 81 F.4th 710 (7th Cir. 2023), cert. denied, 144 S. Ct. 2671 (2024). Lloyd's settlement was not modified by CBC and Brown's appeals.

The defendants also faced criminal prosecution following the initial judgments in the present case. Brown was indicted in 2020 in the Southern District of New York, and in 2022, a superseding indictment named Lloyd as a co-defendant. Both were charged with conspiracy to commit wire fraud, 18 U.S.C. § 1349, and wire fraud, 18 U.S.C. § 1343. At the recommendation of the pretrial services officer in the criminal case, Lloyd had a psychiatric evaluation in November 2022. The evaluator stated that she had a suspicion of autism spectrum disorder and diagnosed Lloyd with several other mental health conditions, stating that in her view, Lloyd had a serious need for treatment. By January 2023, Lloyd was diagnosed with autism spectrum disorder and was in treatment. Around June 2023, the government provided Lloyd with discovery,

including agent reports and FTC and government interview notes. Lloyd contends that this material revealed that his actions were directed by Pierce and that the FTC had relied on misleading statements from Pierce about Lloyd's role in the CBC scheme. Lloyd's criminal case was resolved through an order of nolle prosequi in July 2024. In November 2024, the FTC issued refunds to over 40,000 consumers from just under two million dollars recovered from the defendants. Lloyd filed the present motion in July 2025. Discussion Lloyd has moved for relief from judgment under Federal Rule of Civil Procedure 60(b)(4) and (6). Rule 60(b) provides six grounds upon which a court may relieve a party from a final judgment, order, or proceeding. These include "(4) the judgment is void; . . . or (6) any other reason that justifies relief." Fed. R. Civ. P. 60(b). Rule 60(b)(6) applies only if the grounds relied upon for relief do not fall under one or more of the more specific subsections of Rule 60. See Mendez v. Republic Bank, 725 F.3d

651, 658 (7th Cir. 2013). Given the importance of finality of judgments, "Rule 60(b) relief is an 'extraordinary remedy' granted only in 'exceptional circumstances.'" In re Cook Med., Inc., 27 F.4th 539, 542 (7th Cir. 2022) (quoting Eskridge v. Cook County, 577 F.3d 806, 809 (7th Cir. 2009)). Additionally, Rule 60(b) motions "must be made within a reasonable time—and for [Rule 60(b)](1), (2), and (3) no more than a year after the entry of the judgment or order or the date of the proceeding." Fed. R. Civ. P. 60(c). There are several threshold problems with Lloyd's motion. First, he stipulated to entry of an order in which he expressly "waive[d] all rights to appeal or otherwise challenge or contest the validity of this order." Dkt. 146 at 2. But that is exactly what

Lloyd's Rule 60(b) motion does. He argues that the order was the product of fraud or misconduct by the FTC, specifically its failure to disclose the existence of a criminal investigation. He claims the order is invalid because it awarded equitable monetary relief pursuant to section 13(b) of the FTC Act, but the Supreme Court held in AMG that section 13(b) does not authorize equitable monetary relief. Lloyd also argues that the order violates due process, claiming that the FTC concealed evidence that would have minimized his culpability and secured his agreement to the order "under extreme duress to a severely mentally ill person amidst an active, secret criminal investigation[.]" Def.'s Mem. of Law at 16. Each of these points amounts to a "challenge or contest [to] the validity of" the consent judgment. Lloyd expressly waived his right to assert these challenges.

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Bluebook (online)
Federal Trade Commission v. Credit Bureau Center, LLC, Michael Brown, Danny Pierce, and Andrew Lloyd, Counsel Stack Legal Research, https://law.counselstack.com/opinion/federal-trade-commission-v-credit-bureau-center-llc-michael-brown-danny-ilnd-2025.