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Updated about 2 years ago on . Most recent reply

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,153
Votes |
4,205
Posts

DO You Need An LLC - It Gives Me Protection, Right? My Attorney / CPA Says That. . .

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Posted

People always assume that having an LLC keeps them from getting sued, but look, the individuals are being sued too. So much for an LLC protection.

Here is who's being sued:  


Federal Trade Commission, and
Utah Division of Consumer Protection,
Plaintiffs,
v.
Nudge, LLC, a Utah limited liability company; Response Marketing Group, LLC, a Utah limited liability company, also doing business as, 3 Day Real Estate Training, Abundance Edu, LLC, Affluence Edu, LLC, American Money Tour, Cash Flow EDU, Clark EDU, LLC, Edge 2 Real Estate, Evtech Media North, Flip for Life, Flipping For Life, Income Events, Insider's Financial Education, LLC, Leading Financial Education, LLC, Onwealth, Power Flip, Prosper Live, Property Education, LLC, Renovate To Rent, Simple Real Estate Training, Smart Flip, Snap Flip, US Education Advance, Vintage Flip, Visionary Events, Wealth Tribe, Women's Empowerment, Yancey Events, Yancey, LLC, and Your Real Estate Today, a Utah limited liability company; BuyPD, LLC, a Utah limited liability company; Brandon B. Lewis, individually and as a principal and owner of Nudge, LLC, Response Marketing Group, LLC, and BuyPD, LLC; Ryan C Poelman, individually and as a principal and owner of Nudge, LLC, Response Marketing Group, LLC, and BuyPD, LLC; Phillip W. Smith, individually and as a principal and owner of Nudge, LLC, Response Marketing Group, LLC, and BuyPD, LLC; Shawn L. Finnegan, individually and as a principal and owner of Nudge, LLC, Response Marketing Group, LLC, and BuyPD, LLC; and Clint R. Sanderson, individually and as an officer of Response Marketing Group, LLC, and BuyPD, LLC, Defendants.
FTC Matter/File Number 182 3016Federal Court District of Utah
https://www.ftc.gov/legal-libr...



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V.G Jason
  • Investor
3,235
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3,177
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V.G Jason
  • Investor
Replied

No one thinks it prevents them from being sued. It's just what can they actually take from you.

Its called a Limited Liability Company.

  • V.G Jason
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