The American Urological Corp. and six interrelated companies have agreed to pay $18.5 million to the Federal Trade Commission to resolve a lawsuit against them alleging misrepresentation in the direct marketing of a male impotency treatment.
The seven companies are prohibited under terms of the settlement from selling their customer lists, developed through responses to a direct mail campaign promoting “Vaegra,” an alleged treatment for male impotency.
Besides American Urological Corp., Dallas, TX, they include The Institute of Sexual Research, The Clinic of Natural Solutions Inc., Old Well Corp., (Texas), all of Grand Prairie, TX; the Old Well Corp. (North Carolina); the Institute of Sexual Research, TDD, and Old Well Corp., Zebulon, NC.
Another provision of the settlement requires company owner David A. Brady, to post performance bonds totaling $7 million before promoting offering or selling any impotence treatment or health-related product. Brady could not be reached for comment.
Network
