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Lumosity to Pay $2M to Settle FTC Charges Over 'Brain Training' Ads

"Lumosity preyed on consumers' fears about age-related cognitive decline," says the FTC.

Lumosity

The company that created the Lumosity “brain training” program has agreed to pay $2 million to settle Federal Trade Commission charges that it deceived consumers into believing that its mind games could help users excel at work and school and reduce or delay “cognitive impairment associated with age and other serious health conditions.”

Under the settlement announced Tuesday, Lumos Labs, the company that developed Lumosity, will make redress payments to customers and provide them with an easy way to cancel auto-renewal billing for the service, which included both online and mobile app subscriptions from monthly payments of $14.95 to lifetime memberships for $299.95.

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This article originally appeared on Recode.net.