Federal Trade Commission v. Ivy Capital, Inc.

District Court, D. Nevada·Decided March 9, 2022·No. 2:11-cv-00283·Unknown

Opinion

* * * FEDERAL TRADE COMMISSION, Case No. 2:11-CV-283 JCM (GWF) Plaintiff(s), ORDER v. IVY CAPITAL, INC., et al., Defendant(s). Presently before the court is defendants Benjamin Hoskins, Dream Financial, and relief defendants Leanne Hoskins, Oxford Financial LLC, and Mowab, Inc.’s (collectively “movants”) motion for relief and/or modification of judgment and order for permanent injunction and monetary relief. (ECF No. 449). The Federal Trade Commission (the “FTC”) filed a response (ECF No. 454), to which movants replied (ECF No. 457). Also before the court is the FTC’s motion to submit supplemental authority, (ECF No. 458), to which movants filed a response (ECF No. 459).1 I. Background This long-closed matter arises from the recent decision in AMG Capital Mgmt., LLC v. FTC, 141 S. Ct. 1341, 1345 (2021), where the Supreme Court held that section 13(b) of the Federal Trade Commission Act, 15 U. S. C. §53(b), does not authorize the FTC to seek, and a court to award, equitable monetary relief such as restitution or disgorgement. In 2011, the FTC initiated this action against movants for their roles in a telemarketing scheme that defrauded consumers out of $130,375,057.52 in violation of section 5(a) of the FTC 1 The court GRANTS the FTC’s motion. The issues discussed in the FTC’s proposed supplemental authority are relevant to this matter. Act and several provisions of the Telemarketing Sales Rule. (ECF No. 1). In March 2013, this court granted summary judgment to the FTC, finding that movants “engaged in a complex scheme designed to cheat consumers out of millions of dollars through a bogus business coaching program and a variety of useless goods and services as add-ons to the program . . . .” (ECF No. 392 at 3). This court held that defendants Benjamin Hoskins and Dream Financial were liable for full restitution—$130,375,057.52—by virtue of Benjamin’s knowledge of the scheme and his ownership in Dream Financial. (ECF No. 392). This court further held that relief defendants Leanne Hoskins, Oxford Financial LLC, and Mowab, Inc. were independently liable for $1,128,795.78, $1,529,292.25, and $203,118.40 respectively in disgorgement. (Id.). Specifically, the court held that “Section 13(b) of the FTC Act, 15 U.S.C. § 53(b), authorizes a court to issue a permanent injunction whenever a defendant violates any of the laws enforced by the FTC and is likely to continue to violate such laws. . . . [and] Where, as here, consumers suffer economic injury resulting from the defendants’ violations of the FTC Act, equity requires monetary relief in the full amount lost by consumers.” (ECF No. 392 at 23, 25 (first citing FTC v. H. N. Singer, Inc., 668 F.2d 1107, 1112-13 (9th Cir. 1982), then citing FTC v. Stefanchik, 559 F.3d 924, 931 (9th Cir. 2009))). Consistent with that order, this court entered judgment against movants on July 5, 2013. (ECF No. 409). Movants appealed this court’s decision, (ECF Nos. 402, 410), and gained a favorable amended judgment holding relief defendants jointly and severally liable instead of independently liable. (ECF Nos. 441, 444). After that amended judgment was entered on January 6, 2016, this matter remained dormant for over five years. Then, on April 22, 2021, the Supreme Court issued the AMG decision. Now, almost a decade after judgment was first entered and more than half a decade after litigation ceased, movants seek relief from the amended judgment under Federal Rule of Civil Procedure 60(b)(5) and (6). . . . . . . II. Legal Standard Rule 60(b) “provides for reconsideration [from a judgment] only upon a showing of (1) mistake, surprise, or excusable neglect; (2) newly discovered evidence; (3) fraud; (4) a void judgment; (5) a satisfied or discharged judgment; or (6) ‘extraordinary circumstances’ which would justify relief.” Fuller v. M.G. Jewelry, 950 F.2d 1437, 1442 (9th Cir. 1991) (citing Backlund v. Barnhart, 778 F.2d 1386, 1388 (9th Cir. 1985)). “A movant seeking relief under Rule 60(b)(6) must show ‘ “extraordinary circumstances” justifying the reopening of a final judgment.’ ” Henson, 943 F.3d at 443–44 (quoting Jones v. Ryan, 733 F.3d 825, 833 (9th Cir. 2013)). A change in law, alone, is not an extraordinary circumstance. See Gonzalez, 545 U.S. at 536 (“It is hardly extraordinary that subsequently, after petitioner’s case was no longer pending, this Court arrived at a different interpretation [of the relevant statute].”). The Ninth Circuit has distilled the extraordinary-circumstances requirement for change-of- law-based Rule 60(b)(6) motions into a non-exhaustive list of six factors, considered flexibly and in their totality. Bynoe v. Baca, 966 F.3d 972, 983 (9th Cir. 2020). These factors include (1) the nature of the legal change, including whether the change in law resolved an unsettled legal question; (2) whether the movant exercised diligence in pursuing reconsideration of his or her claim; (3) the parties’ reliance interests in the finality of the judgment; (4) the delay between the finality of the judgment and the Rule 60(b)(6) motion; (5) the relationship between the change in law and the challenged judgment; and (6) whether there are concerns of comity that would be disturbed by reopening a case. Id. (citing Phelps v. Alameida, 569 F.3d 1120, 1134–40 (9th Cir. 2009)). Though those factors aid the court’s analysis, the context of this case—relief from an equitable monetary judgment for violation of the FTC act on the basis of a change in interpretation of law—is entirely new for purposes of a Rule 60(b)(6) motion. Thus, the court “assess[es] how that different context might alter the calculus of the factors’ application, and whether those factors adequately capture all of the relevant circumstances.” Henson, 943 F.3d at 446. III. Discussion Movants argue that the equitable monetary relief portion of the judgment should be vacated in its entirety and that the relief defendants removed from the case entirely because the Supreme Court recently held that section 13(b) of the FTC Act does not provide courts with the authority to impose equitable monetary judgments. See AMG Capital Mgmt., LLC v. FTC, 141 S. Ct. 1341 (2021). Movants point to AMG, Publishers Business Services, Inc., et al. v. FTC, Case No. 2:08- cv-00620-PMP-PAL (D. Nev.), and FTC v. VPL Medical, Inc., 2021 WL 1664404 (9th Cir. 2021), as examples of similar cases that were automatically vacated after the AMG decision. However, unlike this matter, those cases were all still on direct appeal when AMG was decided. While the Supreme Court’s controlling interpretation of federal law must be given full retroactive effect in all cases still open on direct review and as to all events, regardless of whether such events predate or postdate our announcement of the rule, Harper v. Va. Dept. of Taxation, 509 U.S. 86, 97 (1993), “[n]ew legal principles, even when applied retroactively, do not apply to cases already closed.” Reynoldsville Casket Co. v. Hyde,

Federal Trade Commission v. Ivy Capital, Inc., (D. Nev. 2022).

Federal Trade Commission v. Ivy Capital, Inc. (Federal Trade Commission v. Ivy Capital, Inc.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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