Online Education Academy (OEA) has reached a settlement pertaining to alleged 8 Figure Dream Lifestyle fraud. OEA settlement with the FTC will see the company pay $600,000 in monetary judgement. To satisfy judgement, OEA will clear out three bank accounts. The remainder of the $600,000 judgement is then suspended.
Full Answer
How much is a 8 figure salary?
How Much is 8-Figures? 8-Figures represents eight digits and a 8-figure salary will fall between $10,000,000 – $99,999,999. People who are earning this amount of income are typically multi-millionaires and would be considered quite wealthy. What jobs pay 8-figures a year?
What is the meaning of eight figure?
Definition of eight figure. eight figure. adjective. worth 10,000,000 units of a currency to just below 100,000,000 units. Citation from "Chapter 12", Eastbound & Down (TV), Season 2 Episode 6 (2010) censored in hope of resolving Google's penalty against this site. Citation from "He Has Millions and a New Job at Yahoo.
How do you calculate settlement amounts in a lawsuit?
Most lawsuits never make it to trial, and some are settled before the complaint is even formally filed. To calculate settlement amounts, you must have a reliable total of expenses incurred as a result of the dispute. You also must have a detailed understanding of the strengths and weaknesses of the case and the likelihood of success at trial.
Is it possible to make 8-figures in a year?
As you can imagine, making 8-figures in a year is not easy to come by but there are still many people in America who are making that much money and are financially in great shape. These are people who are earning multiples more for employers or are running their own mega-company. How Much is 9-Figures?
What is 7 figures?
How much does a 7 figure salary mean?
How Much Is 6-Figures?
How to get 7 figure net worth?
What is a figure in math?
What does it mean to have a net worth of 99%?
Is 6 figures a good salary?
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What does 8 figures mean in money?
First things first, what is eight figures? Just like six or seven figures, the term refers to salary. If you earn an eight-figure salary, this means that you make at least $10,000,000 and under $99,999,999. If you're earning an eight figure salary, you'd be considered a multi-millionaire!
How many dollars is 8 figures?
8-Figures represents eight digits and a 8-figure salary will fall between $10,000,000 – $99,999,999. People who are earning this amount of income are typically multi-millionaires and would be considered quite wealthy.
How much is a 9 figure salary?
A 9-figure salary or 9-figure net worth is one that is earned by making $100 million or more in a single year. This is an extremely high income, and only a very small percentage of people make this kind of money.
How much is a 1 figure salary?
Each digit in a number is one “figure,” so someone that earns a 6 figure salary or income brings in between $100,000 and $999,999 yearly. What is this?
How much is a 3 figure salary?
How much is a 3 figures salary? When discussing a 3 figures salary, this denotes earnings ranging from $100 to $999. Usually, talking about “figures” in the context of salaries refers to your annual earnings. In this case, though, earning 3 figures a year would be extremely low.
What is a 4 figure salary?
How much is a 4 figure salary? A 4 figure salary consists of an income of between $1,000 and $9,999. Noting that any discussion of salary is usually made in reference to someone's yearly wage, this would be considered a very low amount of earnings.
Is 7 figures a Millionaire?
A 7 figure salary is when your income is anywhere between earning one million dollars and under ten million dollars per year. This generally refers to the amount that someone earns in a year before tax and any other deductions. That is, this is officially when you reach millionaire territory.
What jobs have a 7 figure salary?
Top 7 figure salary jobsBusiness owners. Being a business owner provides the highest likelihood of making 7 figures because no one is standing in your way! ... CEOs and C-level executives. ... Corporate lawyers. ... Sales executives. ... Investment bankers. ... YouTubers. ... Actors and actresses. ... Professional athletes.More items...•
Is six figures a good salary?
Earning a 6 figure income is usually the epitome of success for many. A six-figure salary is definitely good pay but you do have to take into account other factors. These include geography, cost of living, and the size of your household. If you want to save more of your income, consider living in less expensive cities.
What is a 10 figure salary?
The ten-figure income is $1,000,000,000 up to $9,999,999,999, which is more commonly known as billion dollars or thousand million dollars. Most of those who earn ten figures and up would see these individuals making ten figures at an income level of up to nine billion.
How much is 7 figures salary?
A seven-figure job refers to the number of digits listed in your salary. This includes people who earn anywhere from $1,000,000 to $9,999,999 per year. Many people who earn seven-figure salaries typically make an above average income.
What is the highest figure of money?
After a billion, of course, is trillion. Then comes quadrillion, quintrillion, sextillion, septillion, octillion, nonillion, and decillion.
What is a 10 figure salary?
The ten-figure income is $1,000,000,000 up to $9,999,999,999, which is more commonly known as billion dollars or thousand million dollars. Most of those who earn ten figures and up would see these individuals making ten figures at an income level of up to nine billion.
What jobs have a 7 figure salary?
Top 7 figure salary jobsBusiness owners. Being a business owner provides the highest likelihood of making 7 figures because no one is standing in your way! ... CEOs and C-level executives. ... Corporate lawyers. ... Sales executives. ... Investment bankers. ... YouTubers. ... Actors and actresses. ... Professional athletes.More items...•
How much is a 6 figure salary?
a salary of between 100,000 and 999,999 pounds, dollars, etc.
What is a 7 figure income?
A seven-figure job refers to the number of digits listed in your salary. This includes people who earn anywhere from $1,000,000 to $9,999,999 per year. Many people who earn seven-figure salaries typically make an above average income.
What is 7 figures?
7-Figures fall between $1,000,000 – $9,999,999 and when people use this term, they are usually referring to the income or net worth someone has obtained. When you reach 7-figures, you’ll typically have reached millionaire status., unless you’re in massive debt.
How much does a 7 figure salary mean?
A 7-figure salary means you are bringing in an income of anywhere from $1,000,000 to $9,999,999 per year. This type of salary is much more challenging to reach than a 6-figure income, but there are plenty of people in the United States who have a high-income like this.
How Much Is 6-Figures?
6-figures fall between $100,000 – $999,999 and when people use this term, they are typically referring to the income someone makes per year from their job or own business. Although this can be a lot of money, making 6-figures doesn’t mean someone is actually wealthy either.
How to get 7 figure net worth?
For example, maxing out your 401k or IRA and investing in something like the three-fund portfolio can lead you to this status. Investing in other appreciating assets, like real estate for example can also get you to a 7-figure net worth.
What is a figure in math?
A figure is just a single digit, or most commonly referred to as a number. Examples of figures would 0, 1, 2 (or 3, 4, 5, 6, 7, 8, or 9). And often when someone uses the term “figure” it’s referring to someone’s annual salary or their net worth.
What does it mean to have a net worth of 99%?
It means you will never have to worry about money again and can choose how to live your life. It’s also a net worth and income level 99% of us will never obtain. But that’s okay! You can still accumulate wealth on your terms and reach 6-figures, 7-figures, or more in an investment portfolio or total net worth.
Is 6 figures a good salary?
Earning a 6-figure salary can be impactful on your financial health and help you save and invest more. However, pending if you are on the low or high-end of 6-figures, that amount of money might not drive as much impact as it once did.
Who settled the 8 figure dream?
As per the proposed settlement, John A. Bain, Alex Dee (aka Alex S. Dowlatshahi), Brian M. Kaplan and Jerrold S. Maurer will cop a $31.9 million judgment.
What happens if the FTC approves the 8 figure dream?
If approved, the settlement will bring to a close the FTC’s 8 Figure Dream Lifestyle fraud case.
What does "eight up" mean?
Definitions include: an eighth of an ounce of cocaine . eight up. Definitions include: not squared away - all rounded. on 8. Definitions include: blessed. one eight seven. Definitions include: 187 is the police code for homocide. section 8. Definitions include: to go crazy.
What does "8 ball" mean?
Definitions include: to be in serious trouble. crank an Eight Ball. Definitions include: to defecate. driver eight. Definitions include: to defecate. eight ball. Definitions include: an eighth of an ounce of cocaine.
What should settlement range be built around?
Your settlement range should be built around this particular valuation, with the lower end of the range representing the actual costs you've incurred as a result of the defendant's acts. Keep in mind that during settlement negotiations, you and the defendant most likely will meet somewhere in the middle.
Why is it important to talk to an attorney about settlements?
Due to the difficulty of proving these damages – as well as damages for pain and suffering in personal injury cases – it's important to talk to an attorney when you attempt to calculate these settlement amounts.
How to calculate medical damages?
To use the multiplier method to calculate your general damages, you must first total your past and estimated future medical expenses. This total will then be multiplied by a value ranging from 1.5 to 5.
Who has the burden of proof for any defenses they raise?
On the other hand, the defendant has the burden of proof for any defenses they raise. The same "preponderance of the evidence" standard typically applies.
Is civil litigation expensive?
Take court costs and legal fees into account. Civil litigation is expensive and time-consuming. These costs can make a lower settlement reached shortly after you file your complaint more valuable than a much higher award at trial.
Can you add a settlement to a settlement?
Although you can add them to your settlement calculations if you feel so inclined, you're unlikely to get the other party to agree to pay them, since the other party will know the odds they'll have to pay them after a trial are slim to none.
Should you take court costs into account in a settlement?
By the same token, if you've already spent a significant amount on litigation of the court case, the settlement should take these expenses into account – even if court costs and legal fees are not specifically addressed. If you've hired an attorney, rely on their estimate of court costs and legal fees.
What is 7 figures?
7-Figures fall between $1,000,000 – $9,999,999 and when people use this term, they are usually referring to the income or net worth someone has obtained. When you reach 7-figures, you’ll typically have reached millionaire status., unless you’re in massive debt.
How much does a 7 figure salary mean?
A 7-figure salary means you are bringing in an income of anywhere from $1,000,000 to $9,999,999 per year. This type of salary is much more challenging to reach than a 6-figure income, but there are plenty of people in the United States who have a high-income like this.
How Much Is 6-Figures?
6-figures fall between $100,000 – $999,999 and when people use this term, they are typically referring to the income someone makes per year from their job or own business. Although this can be a lot of money, making 6-figures doesn’t mean someone is actually wealthy either.
How to get 7 figure net worth?
For example, maxing out your 401k or IRA and investing in something like the three-fund portfolio can lead you to this status. Investing in other appreciating assets, like real estate for example can also get you to a 7-figure net worth.
What is a figure in math?
A figure is just a single digit, or most commonly referred to as a number. Examples of figures would 0, 1, 2 (or 3, 4, 5, 6, 7, 8, or 9). And often when someone uses the term “figure” it’s referring to someone’s annual salary or their net worth.
What does it mean to have a net worth of 99%?
It means you will never have to worry about money again and can choose how to live your life. It’s also a net worth and income level 99% of us will never obtain. But that’s okay! You can still accumulate wealth on your terms and reach 6-figures, 7-figures, or more in an investment portfolio or total net worth.
Is 6 figures a good salary?
Earning a 6-figure salary can be impactful on your financial health and help you save and invest more. However, pending if you are on the low or high-end of 6-figures, that amount of money might not drive as much impact as it once did.
How Much Is A figure?
How Much Is 6-Figures?
Is A 6-Figure Salary good?
How Much Is 7-Figures?
How Much Is 8-Figures?
- 8-Figures represents eight digits and a 8-figure salary will fall between $10,000,000 – $99,999,999. People who are earning this amount of income are typically multi-millionaires and would be considered quite wealthy.
How Much Is 9-Figures?
Increasing Your Income “Figures”
Final Thoughts