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Violation Tracker Individual Record

Company: ICON Health & Fitness, Inc.
Current Parent Company: ICON Health & Fitness
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $3,000,000
Year: 2014
Date: September 18, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: ICON Health & Fitness, Inc. and its related entities agreed to pay $3 million in civil penalties to settle FTC charges that the companies violated the Commission's 1997 consent order by advertising that use of their exercise equipment for just three minutes a day would result in significant weight loss.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Utah
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: fitness equipment
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.