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The court rejected FTC's accounting challenges, rules receiver's compensation is properly charged against receivership fund under terms of original restraining order. The federal district court in Newark, New Jersey approved a receiver's application for final legal fees, discharge from duties, and turnover of remaining receivership funds, rejecting the FTC’s objections to the fee request in a consumer fraud case that produced a $15.7 million stipulated judgment. The court held that the…

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CONSUMER PROTECTION—D.N.J.: Receiver's final fee application in FTC fraud case over Commission's objections granted