Toast Responds to FTC Lawsuit

Toast

"Toast responded to the lawsuit filed today by the Federal Trade Commission (FTC): We strongly disagree with the allegations in the lawsuit filed by the FTC and will vigorously defend the Company against the FTC’s claims. In this matter, the FTC is seeking to apply the Restore Online Shoppers' Confidence Act (ROSCA) — a law Congress passed to address certain online subscription practices — to Toast's commercial agreements with its restaurant customers."