The developer of Lumosity "brain training" games will pay $2 million US to settle federal allegations that it misled customers about the cognitive benefits of its online apps and programs.

The developer of Lumosity "brain training" games will pay $2 million to settle federal allegations that it misled customers about the cognitive benefits of its online apps and programs.

Lumosity is one of the most visible services in the burgeoning brain training industry, which has estimated sales of over US$1 billion per year, according to trade publications. Under federal law, ...

WASHINGTON — The developer of Lumosity “brain training” games will pay $2 million to settle federal allegations that it misled customers about the cognitive benefits of its online apps and programs.

Brain training games, such as Lumosity, are a billion-dollar industry. Many people are worried about maintaining their brain health and want to prevent a decline in their mental abilities.

Lumos Labs, the company behind the Lumosity “brain training” program, has agreed to fork over $2 million to settle charges that it deceived consumers with bogus claims about the cognitive ...

But if you signed up for the company's auto-renewal program between Jan. 1, 2009, and Dec. 31, 2014, you will be notified of the FTC action and given an easy way to cancel your subscription.

"Lumosity simply did not have the science to back up its ads." The apps, which were advertised on National Public Radio, CNN, Fox News, Pandora and others, cost $14.95 per month, the agency said.

The company behind the popular Lumosity brain training program must pay the government $2 million to settle allegations that it deceived consumers in ads saying their games improve brain function ...

Brain training apps like Lumosity, Elevate, and NeuroNation offer personalized programs to enhance memory, speed, and problem-solving. With over 5 million downloads, these apps aim to keep your ...