STIPULATION OF ALL PARTIES TO STAY CASE AND TOLL DEADLINES PENDING COMMISSION'S AND COURT'S REVIEW OF PROPOSED SETTLEMENTS

GEORGE FOLEY, JR., Magistrate Judge.

Counsel for Plaintiff Federal Trade Commission ("FTC" or "Commission") and all Defendants have agreed on the terms of proposed settlements, subject to review and approval by the Commission. The FTC and Defendants stipulate herein to the entry of an order staying any further proceedings in this case and tolling all deadlines to allow the Commission to vote on the proposed settlements and, should the Commission vote in favor, to allow the Court to consider them. In support of this request, the FTC and Defendants state as follows:

Defendants have signed proposed settlements — i.e., Stipulated Permanent Injunctions and Other Equitable Relief — that FTC counsel plans to recommend to the Commission. The FTC is an independent federal agency. Therefore, FTC counsel does not have authority to file the proposed settlements until the Commission reviews and approves them. The Commission approval process takes some time, usually 60 to 90 days.

If the Commission approves the proposed settlements, FTC counsel promptly will file the proposed settlements with the Court. If the proposed settlements have not yet been filed with the Court by May 21, 2018, FTC counsel propose to advise the Court of the status of this case by filing a status report at that time. If any of the settlements are rejected by the Commission or otherwise break down, the FTC plans to file a motion to lift the stay and recalculate the tolled deadlines.

IT IS SO ORDERED.