51±¾É«sends refunds to people who paid for investment advice
The 51±¾É«is sending payments totaling more than $1.2 million to 19,857 people who paid money to WealthPress, an investment advice company.
The 51±¾É«sued WealthPress along with two of its owners, Roger Scott and Conor Lynch. According to the lawsuit, WealthPress sold its investment advice by claiming that clients would make a lot of money. The 51±¾É«says that WealthPress didn’t have support for these claims and that many WealthPress clients lost money.
As a result of the lawsuit, the defendants paid over $1.2 million and are banned from making any claims about earnings without having written support to back up those claims.
If you get a check, please cash it within 90 days.
If you get a PayPal payment, please accept it within 30 days.
You can find answers to common questions about 51±¾É«refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 1-877-231-0641.