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Case Summary

FTC v. Solomon Trading Co.

FTC v. Solomon Trading Co., No.  91-cv-1184-PHX (SMM) (D. Ariz. 1994).


Defendants Solomon Trading Co., Inc. and Fred Hyde (one of Solomon’s founders, as well as an officer active in the company’s day-to-day proceedings) telemarketed Erte prints, representing the artworks as excellent, low-risk investments. The defendants, however, actually marked up the prints 100% over their wholesale price. The plaintiff Federal Trade Commission (“FTC”) moved for 

summary judgment against the defendants. The Court found that . . . . 


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