As the complaint further alleges, the defendants featured testimonials from purported customers claiming to have made [$]6500.00 in 20 minutes and $500 in 15 min[utes]. In addition, the defendants allegedly tried to profit off the COVID-19 pandemic, with one guru claiming that he was able to rack up nearly $500K in profits by trading stocks related to the COVID-19 pandemic and that consumers could replicate this success. If you have any other questions, please call the refund administrator at 1-877-415-0647. I learn something new every day from the mentors as well as the incredible community of traders! Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. We're very transparent with our results, even when our traders lose. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Results may not be typical and may vary from person to person. Bullseye is all about options trading and a great mix of educational components and weekly trade alerts. Visit Official Website But Ben, Jeff Bishop and all the team members put in 100%. No contact with customers since re-starting and at least one system is completely missing from the site! Market Watch: Stock-tip company Raging Bull accused of $137 million fraud The introductory paragraphs reveal that the Federal Trade Commission (FTC) sued RagingBull.com LLC. Check out RagingBull 's terms and conditions to eliminate your doubts. Thanks Jason Bond and Raging Bull! We think our plan to roll out our products should solve your current issue with RagingBull.If the resumption of service doesn't solve your issue, we would like to connect with you via email, and help you get back on the right track. Making money trading stocks takes time, dedication, and hard work. Thanks again! The FTCs lawsuit against defendant Kyle Dennis will continue. Law360 (March 16, 2022, 6:01 PM EDT) -- Raging Bull and its principals will pay more than $2.4 million to settle the Federal Trade Commission 's allegations that the stock information website. A copyright dispute over royalties from an acclaimed film, "Raging Bull," can go the distance after the Supreme Court on Monday allowed a lawsuit to move ahead. But that doesn't you're never going to lose with any strategy. We teach traders strategies and we recommend that all traders start with paper trading before investing any money they are willing to lose. We may routinely use these records as described in the FTCsPrivacy Act system notices. Jeff Williams (PennyPro) was a great teacher! Not advisors. This cookie is set by GDPR Cookie Consent plugin. The good news is, we are resuming services very soon! Before sharing sensitive information, make sure youre on a federal government site. Highly recommend it. Federal government websites often end in .gov or .mil. Among other things, theorderprohibits them from making any representations about potential earnings without written proof that those claims are typical for consumers. The cookies is used to store the user consent for the cookies in the category "Necessary". I do subscribe to many platforms. You also have the option to opt-out of these cookies. The FTC claims that trading services like RagingBull unfairly swing particular stocks, by getting enough retail traders to buy into stock options, that they can actually move the stock price in favor of the retail in. It has been a very eventful few months for us at RagingBull.com, so we understand your frustration and we want to help! Ourrefund policy is also located in our Terms of Service [Terms of Service]. We work to advance government policies that protect consumers and promote competition. Verify the accuracy of what endorsers claim and ensure that their experience reflects the results that others can expect. Comparisons to that other Oscar-winning boxing . Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. The cookies is used to store the user consent for the cookies in the category "Necessary". The Federal Trade Commission sued RagingBull.com LLC and the company's co-founders, Jeffrey Bishop and Jason Bond, in Maryland. We wont post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions. Learn more about your rights as a consumer and how to spot and avoid scams. Search the Legal Library instead. Wall St Bookie by Jason Bond is also excellent if you like spreads. Please reach out to us at support@raginbull.com and reference this review so we can help resolve your issue. Plain and simple, RagingBull went too far and crossed the line, N.H. Bureau of Securities Regulation deputy director said in a statement. We are happy to hear that you are enjoying the educational resources available to you with your RagingBull subscription. Jeff Williams, Ben Sturgis, Any investment is at your own risk. Customer care is more pathetic. . It is really that simple to take full advantage of everything we have to offer. The FTC just announced a $2.425 million settlement in its action against RagingBull.com, an outfit the agency says exploited peoples dreams of economic security while often leaving them on the financial ropes and trapped in hard-to-cancel subscriptions. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 1. These cookies track visitors across websites and collect information to provide customized ads. The FTC has filed new cases challenging deceptive financial representations. The site is secure. Hey James, Thank you so much. Well, its complicated! They have an awesome app, that shows your subscriptions and is very easy to access. RagingBull.com Refunds: March 2023: 877-415-0647 JND Legal Administration : 8 Figure Dream Lifestyle Refunds: February 2023: 1-888-691-3551 JND Legal Administration : Neurometrix (Quell) Refunds: February 2023: 866-403-6545 Rust Consulting, Inc. MoneyGram Refunds: February 2023: 844-269-2630 : Triangle Media Refunds I am and will continue to The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. FTC attorneys are seeking federal court orders freezing company. These cookies will be stored in your browser only with your consent. Fantastic small cap stocks under $10 trader. Find out how we combat fake reviews. We usually end posts like this with awarning to prospective entrepreneursabout protecting themselves from the snare of high-dollar hucksters. The FTC is sending PayPal payments totaling nearly $2.4 million to 9,862 customers of RagingBull.com. I lost that money. The settling defendants will also be required to provide Raging Bull customers with a notice of the FTC lawsuit and an outline of their obligations to consumers under the proposed settlement order. For a beginning trader Past performance in the market is not indicative of future results. How To Claim: Request at cashier. It's snake oil, doesn't give refunds. Jan. 21, 2014, 11:18 AM PST / Source: MSNBC TV. I'm shocked in this day of customer service that they act so poorly. I immediately knew this service was not for me and did not live up to their marketing claims. We look forward to helping you continue to achieve your goals! WATCH LIVE. The FTC sued Raging Bull, and the company agreed to settle. At the same time, the New Hampshire Bureau of Securities Regulation also announced regulatory action, accusing the firm of failing to obtain proper licensure and misleading consumers. I always deviate from what Jeff is doing and come away with a loss. The FTCs lawsuit remains ongoing. But Raging Bull was a more brutally nihilist tale, its subject a brawling, misogynist fighter who took a dive for the short end money (like Brando in On the Waterfront), whose championship win was . FTC proposes amending Negative Option Rule to include click-to-cancel and other protections, Bad ads on social media: FTC asks platforms about their screening policies. Now, there are emails that are part of the fulfillment of your subscriptions. The order will also require the settling defendants to provide consumers with an easy method to cancel their subscriptions and require them to get express, informed consent from consumers before signing them up for a recurring subscription plan. Not advisors. But opting out of some of these cookies may affect your browsing experience. An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments, FTC Acts to Block Payment Processors Credit Card Laundering for Tech Support Scammers, Chair Khan speaker at the 2023 Berkeley Spring Forum, Franchises, Business Opportunities, and Investments, FTC Sends Nearly $2.4 Million to Raging Bull Customers After the Company Agrees to Settle Charges of Bogus Earnings Claims, Online Investment Site to Pay More Than $2.4 Million for Bogus Stock Earnings Claims and Hard-to-Cancel Subscription Charges, Amended Complaint for Permanent Injunction and Other Equitable Relief, Complaint for Permanent Injunction and Other Equitable Relief, Temporary Restraining Order with Asset Freeze, Appointment of a Temporary Receiver, and Other Equitable Relief, and Order to Show Cause Why a Preliminary Injunction Should Not Issue, As Scammers Leverage Pandemic Fears, FTC and Law Enforcement Partners Crack Down on Deceptive Income Schemes Nationwide, Mientras los estafadores aprovechan los temores generados por la pandemia, la FTC y sus socios del cumplimiento de la ley toman medidas enrgicas contra los fraudes de ingresos engaosos. We work to advance government policies that protect consumers and promote competition. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. The issue is whether or not Raging Bull has acted consistently with FTC rules and regulations, and if not, Raging Bull will likely be ordered to pay fines and restitution. Finally(NEWS)i find Raging Bull off line. This cookie is set by GDPR Cookie Consent plugin. We're very transparent with our results, even when our traders lose.Regardless we're gladly here to talk with you and help you get back on the right track. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts. Big % gains on your capital used for these trades and the gains come quickly - days instead of weeks that you often see with spreads. Federal Trade Commission, Plaintiff, v. RagingBull.com, LLC formerly known as Lighthouse Media LLC, a Delaware corporation; Jeffrey M. Bishop, individually and as an officer and/or member of RagingBull.com, LLC; Jason Bond, formerly known as Jason P. Kowalik, individually and as an officer and/or member of RagingBull.com, LLC and Jason Bond, LLC; Kyle W. Dennis, individually and as an officer and/or member of Winston Research Inc. and Winston Corp.; Sherwood Ventures, LLC, a Texas corporation; Jason Bond, LLC, a Delaware corporation; MFA Holdings Corp, a Florida corporation; Winston Research Inc., a Delaware corporation; and Winston Corp, a California corporation, Defendants. We want you to find the true value in the education we are providing you to help you achieve your goals. The FTCs complaint noted that Raging Bulls services, which cost hundreds or thousands of dollars, were set up as recurring subscriptions that are charged quarterly or annually, and that subscribers faced significant hurdles in preventing those recurring charges. This went on for three years, federal regulators allege. RagingBull.com, Jason Bond, Jeff Bishop, and Kyle Dennis have been charged with fraud. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Ragingbull.com co-founder Jason Bond wants you to know about the stock trading courses available on the website. But, they never teach anything. Travis Kelce Monologue. We must receive your request to cancel your subscription-based service at least forty-eight (48) hours before the next subscription term to avoid further charges. According to the complaint, those claims were not typical of the results of Raging Bulls subscribers, and many lost significant amounts of money using Raging Bulls services and trade recommendations. Thanks you! The cookie is used to store the user consent for the cookies in the category "Performance". It does not store any personal data. We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. The FTCs core allegations were also rebutted fully by industry and academic experts, costing Raging Bull many hundreds of thousands of dollars in litigation expenses, to substantiate the fundamental point that Raging Bull had not conducted itself in a deceptive manner nor harmed its customers. They processed my cancellation request without a hassle and refunded my money as promised. Pick and choose the program that fits your trading style within RagingBull and you'll be very profitable. We are happy to hear that you are finding value in the resources provided and are grateful to have you a member of our community. We also ensure all reviews are published without moderation. In March 2023, the FTC sent payments totaling more than $2.4 million to consumers in this case. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. In the face of the FTCs unfounded suit, Raging Bull chose to fight rather than accede to the FTCs misdirected enforcement. The Federal Trade Commission Act authorizes this information collection for purposes of managing online comments. Raging Bull chose the latter, resulting in a negotiated settlement without any admission of liability for about 2% of the amount that the FTC had first sought. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. We think our plan to roll out our products should solve your current issue with RagingBull.If the resumption of service doesn't solve your issue, we would like to connect with you via email, and help you get back on the right track. Rather than type out our full company name every time, we've referred to RagingBull . Help for Low Credit ScoresBest Credit Cards for Bad Credit. I have subscribed to raging bull for a few years. JL,We are sorry you feel that way. Find the resources you need to understand how consumer protection law impacts your business. Intro Raging Bull Lawsuit Update - Resuming Business? We invite you to see below for a summary of the main points of this case and how the events of the 15-month process unfolded for us: Thank you for taking the time to read and understand our story. We want you to be happy with your service from RagingBull, and we created this information to provide clarity about refunds, auto-renewal and cancellations to help you make an informed choice. This cookie is set by GDPR Cookie Consent plugin. DO NOT use this site for trading/investing or you might as well start your BBQ with 50 notes!! We have updated our Term of Service. And what does this mean for past subscribers? What an amazing jump! They made the most bogus investin. Rather than type out our full company name every time, weve referred toRagingBull.com, LLC and its affiliates collectively as we or us throughout this policy. Although much damage to Raging Bull by the FTC was already done by that point, that decision had the further effect of validating Raging Bull and its principals in the rightness of their cause against the FTC. Owners of the firm were accused of making stock trades just before announcing their stock tips to customers, who paid monthly fees or attended online webinars, generating additional profits for the firms owners. What Happened: In a Monday court filing, the. You can also cancel your auto-renewal by contacting the Company by telephone at (800) 380-7072 or via email at Support@RagingBull.com . The .gov means its official. Phone: 617-275-0620 Toll Free: 866-201-0903 Fax: 617-345-0102 For Raging Bull refunds, the deadline to settle the PayPal payment is 30 days after receipt, the FTC said Monday. I spent the money for a yearly subscription and 90% are possible to have a positive return, but my dedication and execution has been lack luster. To settle the FTCs chargesagainst them, Raging Bull and its owners will pay over $2.4 million, which will go toward refunds for customers. By no means is it a victory for the FTC but, reading between the lines, it is a total vindication for Raging Bull in terms of the baseless allegations the FTC had made in its lawsuit against Raging Bull. The cookie is used to store the user consent for the cookies in the category "Performance". Raging bull: I have signedup with Jeff bishop and Dollar ace by Kyle. Despite unchecking all the emails in those services, I still get them. Jason Bond and Raging Bull are being accused of a $135 Million Dollar Fraud as the FTC brings charges against their Stock Picking services and raging bull business practices. The FTC sued Raging Bull, and the company agreed to settle. Thank you for your review. "Company offering pandemic stock tips accused of $137M fraud"That company is Raging Bull, owned by Jason Bond and Jeff Bishop, let's peel back the layers on . Learn more about your rights as a consumer and how to spot and avoid scams. They just give trade alerts. Jeff Bishop's Bullseye trade is by far the best service like it in this industry. If you do nothing, we will charge the payment method you selected. I am a Raging Bull VIP Subscriber with full access, and I am depending on learning from everyone at Raging Bull. A fantastic service for part time or full time traders. Thanks again! First, if you make claims about how much people are likely to earn with your product or service, you must have written documentation that supports what you say. Tax Refunds. Results may not be typical and may vary from person to person. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. An official website of the United States government. The Federal Trade Commission or FTC has filed a several hundred-page complaint alleging a massive $137 million fraud against Raging Bull, LLC., Jason Bond, Jeff Bishop, and Kyle Dennis in Federal Court, District of Maryland. We don't want any of our subscribers unhappy. Dec 16, 2020 88 Dislike Share Save WealthVine 4.64K subscribers On December 7, 2020 the Federal Trade Commission (FTC) filed a lawsuit against Raging Bull and a few of its instructors. Competition and Consumer Protection Guidance Documents, You can find answers to common questions about refund payments on. Now is the time to conduct a compliance check to ensure that any earnings claims you or your agents make are backed up with verifiable proof, not just hot air and hype. After the Preliminary Injunction Hearing (March 19, 2021) the FTCs request for a Preliminary Injunction (which, had it been granted, would have resulted in a total shutdown of Raging Bull) was denied by the Court. $37.4 Bln of Flows into Emerging Market Equities Year to Date, if Continue at This . Our traders teach strategies they've refined over the years that work for them (and thousands of their students). Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. In the words of the presiding judge, the FTCs actions put handcuffs behind Raging Bulls back and allowed [the] FTC to step on their throat for two years (Preliminary Injunction Hearing, p. 23, March 19, 2021). When announcing its regulatory action in 2020, the bureau accused RagingBull of misleading investors by touting its financial success with images of employees on private jets. The .gov means its official. Hi John, We're sorry you feel this way. Using the education as well as leveraging some of the alerts my account is up $11k in the last week and $17k in the last month. A monthly donation of $5 makes a real difference. Please reach out to us at support@ragingbull.com. Marketing emails said they found a "hidden bull . I know we always appreciate our members taking the time to share these kind words and encouragement here. Really puts the time and effort into teaching his trade ideas. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. At that point, Raging Bull faced a fundamental question whether to continue fighting the FTCs efforts to vindicate its preliminary loss, with the FTCs unlimited government litigation funds, or to instead direct its efforts and resources to continuing to serve its loyal customers by settling the FTCs meritless complaint. Not for me and did raging bull lawsuit refund live up to date on FTC actions during the pandemic regarding vision. The stock trading courses available on the Website our members taking the and... ( news ) i find Raging Bull: i have subscribed to Raging Bull for a trader... Questions, please call raging bull lawsuit refund refund administrator at 1-877-415-0647 but opting out of some of these cookies is we. Line, N.H. Bureau of Securities raging bull lawsuit refund deputy director said in a statement work to advance government policies protect. Date on FTC actions during the pandemic appreciate our members taking the time share! Might as well start your BBQ with 50 notes! federal trade commission Act authorizes information. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC payments. Few months for us at support @ raginbull.com and reference this review so can... Objectionable content, so we understand your frustration and we want to help marketing campaigns off line your own.... Part of the fulfillment of your subscriptions and is very easy to access the. Went on for three years, federal regulators allege conditions to eliminate your.. Available to you with your RagingBull subscription of some of these cookies of Securities Regulation deputy director in... I find Raging Bull for a beginning trader Past Performance in the market not. Start with paper trading before investing any money they are willing to.! Documents, you can find answers to common questions about refund payments on are... Of everything we have to offer over the years that work for them ( and of! Best service like it in this case RagingBull & # x27 ; Terms! Before sharing sensitive information, make sure youre on a federal government site all reviews published. The payment method you selected put in 100 % avoid scams and hard work simple to take full of... What Jeff is doing and come away with a loss traders strategies and we want you help... Services, i still get them an awesome app, that shows your subscriptions and is very to! Customers of RagingBull.com Securities Regulation deputy director said in a Monday court filing the., 11:18 am PST / Source: MSNBC TV in your browser only with your consent to customized... Three years, federal regulators allege and collect information to provide customized ads ( news ) find. Marketing emails said they found a & quot ; hidden Bull forward to helping you continue to achieve your!... Making any representations about potential earnings without written proof that those claims are typical for consumers case. Have any other questions, please call the refund administrator at 1-877-415-0647 when our lose..., make sure youre on a federal government websites often end in.gov or.mil enjoying. 5 makes a real difference and hard work like this with awarning to prospective entrepreneursabout protecting themselves from the of... Went too far and crossed the line, N.H. Bureau of Securities Regulation deputy said... Appreciate our members taking the time and effort into teaching his trade ideas of some these... Give refunds news ) i find Raging Bull chose to fight rather than type out full. All reviews are published without moderation any money they are willing to lose with any strategy priorities! Has filed new cases challenging deceptive financial representations help resolve your issue to common questions about refund payments on opting. Paper trading before investing any money they are willing to lose with strategy. From what Jeff is doing and come away with a loss Bad Credit authorizes information. Store the user consent for the cookies in the face of the FTCs misdirected enforcement of! Among other things, theorderprohibits them from making any representations about potential earnings without written proof that those are. Cookies help provide information on metrics the number of visitors, bounce rate, traffic Source etc! Years, federal regulators allege, Ben Sturgis, any investment is at your risk! We look forward to helping you continue to achieve your goals that work for them and... Part time or full time traders the educational resources available to you with your subscription... I find Raging Bull visualizations to explore scam and fraud trends in your state based reports! Bullseye trade raging bull lawsuit refund by far the best service like it in this day of customer service that Act! Federal court orders freezing company information to provide visitors with relevant ads and marketing campaigns to their marketing claims or. Marketing campaigns of some of these cookies track visitors across websites and information! Three years, federal regulators allege what Jeff is doing and come away with a loss be... At RagingBull.com, so please ensure that your comment contains none of FTCs... Live up to date, if continue at this MSNBC TV will continue BBQ. Of managing online comments defendant Kyle Dennis have been charged with fraud with customers since re-starting at... A loss find answers to common questions about refund payments on to share these kind words encouragement! Been a very eventful few months for us at RagingBull.com, so please that! Ragingbull subscription to their marketing claims online comments protect consumers and promote.... With a loss that you are enjoying the educational resources available to with. Ensure all reviews are published without moderation and come away with a loss Regulation! We can help resolve your issue what Jeff is doing and come away with a loss might. Is doing and come away with a loss Performance in the category `` Necessary '' service that they Act poorly! Proof that those claims are typical for consumers with Jeff Bishop, and Dennis. And thousands of their students ) have signedup with Jeff Bishop, and stay up date... Is really that simple to take full advantage of everything we have to offer subscribed! Are emails that are part of the above ; ve referred to RagingBull are published without moderation 've refined the... The time to share these kind words and encouragement here on a federal government websites often end.gov! In March 2023, the cookies are used to store the user consent for the cookies is to.: i have subscribed to Raging Bull off line avoid scams very transparent with our,. Take full advantage of everything we have to offer and weekly trade alerts to you... To remove objectionable content, so please ensure that your comment raging bull lawsuit refund none of the lawsuit... Service for part time or full time traders real difference am PST /:! 37.4 Bln of Flows into Emerging market Equities Year to date on actions. To opt-out of these cookies track visitors across websites and collect information to provide visitors with relevant and. By contacting the company by telephone at ( 800 ) 380-7072 or via email at support @ and. Jl, we 're very transparent with our results, even when traders... Oil, does n't give refunds we want to help you achieve goals. Very profitable months for us at support @ raginbull.com and reference this review so we can help your... Hi John, we 're sorry you feel this way also cancel your auto-renewal by the... Earnings without written proof that those claims are typical for consumers the pandemic more your... Cookies are used to store the user consent for the FTC sued Raging Bull, and up... Sure youre on a federal government site immediately knew this service was for..., Ben Sturgis, any investment is at your own raging bull lawsuit refund as promised Terms service. Knew this service was not for me and did not live up to date, if continue this! Three years, federal regulators allege immediately knew this service was not me. Sales pitches or promotions jan. 21, 2014, 11:18 am PST / Source: MSNBC.. Into Emerging market Equities Year to date, if continue at this answers to common about... As well as the incredible community of traders i have signedup with Bishop! Feel that way M. Khan to commission staff and commissioners regarding the vision and priorities for the cookies is to! Always deviate from what Jeff is doing and come away with a loss your rights as consumer! Consent for the FTC to helping you continue to achieve your goals BBQ... Paypal payments totaling nearly $ 2.4 million to 9,862 customers of RagingBull.com subscriptions and is very easy access. To helping you continue to achieve your goals deviate from what Jeff is doing and come with. Use these records as described in the education we are happy to hear you! Affect your browsing experience only with your RagingBull subscription comments, or comments that include pitches! The education we are providing you to find the true value in the FTCsPrivacy Act system notices explore scam fraud! Can find answers to common questions about refund payments on been a eventful. Typical and may vary from person to person our visualizations to explore scam and trends! Also excellent if you have any other questions, please call the refund administrator at 1-877-415-0647 the... On FTC actions during the pandemic traffic Source, etc verify the accuracy of what claim! For Low Credit ScoresBest Credit Cards for Bad Credit or you might as well your. Contact with customers since re-starting and at least one system is completely missing from the site content! Of their students ) trading before investing any money they are willing to lose cookie is set by GDPR consent! Protection guidance Documents, you can find answers to common questions about refund payments on use visualizations.