FROM: U.S. FEDERAL TRADE COMMISSION
FTC Sending Refund Checks Totaling Nearly $955,000 to Consumers Who Lost Money Buying Lane Labs’ AdvaCAL Calcium Supplement
More Than 17,600 Checks Are Being Mailed Starting Today
March 18, 2015
The Federal Trade Commission is mailing 17,606 refund checks totaling $954,828.31 starting today to consumers who lost money buying a supposedly superior calcium supplement marketed by Lane Labs-USA Inc. and its president Andrew Lane. The amount each consumer receives will vary based on how much they lost.
The refunds are being made from money collected under a 2010 U.S. Court of Appeals ruling and 2011 district court decision finding Lane Labs in contempt of a 2000 order, based on the company’s false and unsubstantiated claims for its calcium supplement, AdvaCAL. Lane Labs claimed that AdvaCAL was the only calcium supplement that could increase bone density, and was on par or superior to prescription drugs used to treat osteoporosis.
Gilardi & Co., LLC, the redress administrator for this matter, will mail refund checks to eligible consumers beginning today. The checks must be cashed by May 18, 2015 or they will become void. Recipients should note that the FTC never requires consumers to pay money or provide information before redress checks can be cashed.
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