Great Western United Corporation

Volume 83 · 83 F.T.C. 1110

Citation: 83 F.T.C. 1110
Docket: C-2306
Complaint: 1972-10-20
Decision: 1973-12-14
Document type: modifying order
Case type: consumer protection
Industry: real estate development
Outcome: modified
Relief: affirmative_disclosure
Commission counsel: Perry W. Winston
Respondent counsel: Richard S. Levenberg, Denver, Colo
Source: Original volume PDF
Original PDF: This decision as a PDF

Cite this decision

Great Western United Corporation, 83 F.T.C. 1110 (1973). Consumer Law Library, https://consumerlawlibrary.org/decisions/v083-0098

Report an error in this record (decision id v083-0098)

Order status: unknown. Sunset may be extended by the latest qualifying federal-court complaint alleging an order violation; complaints, dismissal/appeal outcomes, and respondent-specific extensions are not fully tracked.

Cited by 0 later FTC decisions

Cites

81 F.T.C. 661 — UNITED STATES STEEL CORPORATION* cited_neutral
82 F.T.C. 1263 — OUTSIDE CAlcPETS INC. ET AL cited_neutral

Text (OCR of the scan at left; may contain errors)

IN THE MATTER OF GREAT WESTERN UNITED CORPORATION, ET AL.

Docket C-2306. Complaint, Oct. 20, 1972—Modifying order, Dec. 14, 1978 Order modifying previous Commission order, 81 F.T.C. 661, as modified, 82 F.T.C. 1263, against a Denver, Colo., real estate developer, by altering and modifying Paragraphs IB2 and IB3 of the order relative to the required disclosure of certain statements in printed advertisements concerning respondents’ real estate projects.

Appearances For the Commission: Perry W. Winston.

For the respondents: Richard S. Levenberg, Denver, Colo. ORDER MODIFYING FINAL ORDER Pursuant to Section 3.72(b)(2) of the Commission’s Rules of Practice, and after consideration of respondents’ petition of Oct. 4, 1973 to reopen and modify paragraphs IB1 and IB3 of the Final Order to Cease and Desist dated Oct. 20, 1972, subsequently modified by Commission order dated Apr. 25, 1973, and after further consideration of Commission counsel’s response in support of such petition. It is ordered, That Paragraphs IB1 and IB3 be altered and modified to read as follows:

IB1 Failing to clearly and conspicuously disclose the following statement in all printed advertisements concerning California City:

Obtain HUD property report from developer and read it before signing anything. HUD neither approves the merits of the offering nor the value of the property as an investment, if any.

IB3 Failing to clearly and conspicuously disclose the following statement in all printed advertisements concerning real estate projects other than California City, however limited to projects in existence at the time this order becomes effective and to any future projects (1) covered by the Interstate Land Sales Full Disclosure BRICK MUMS, LUNU., WI AL. yO ie ie 1111 Complaint Act, and (2) where the property interest being offered is held in any. form by respondents or any of their affiliates: Obtain HUD property report from developer and read it before signing anything. HUD neither approves the merits of the offering nor the value of the property as an investment, if any.

Commissioner Hanford not participating.