Thank you for this feedback! Analytical cookies are used to understand how visitors interact with the website. Lightning Alerts is a great room. If you have any other questions, please call the refund administrator at 1-877-415-0647. I'm shocked in this day of customer service that they act so poorly. We appreciate your continued support and cant wait to speak with you shortly as we rebuild our Customer Support Team and get everything back in motion.Update:We have resumed our services and have given our customers an extension on their subscriptions for the time missed due to the law suit, as well as special access to our All Access service. Thanks again! They do not belong to or represent views of the Federal Trade Commission. The good news is, we are resuming services very soon! In February 2021, Raging Bull submitted a business plan to the court in hopes of ressurecting the castrated carcass. Thank you for this feedback! Got suckered into this bunch early last year. April 5, 2015 2:07pm. Really puts the time and effort into teaching his trade ideas. Hi John, We're sorry you feel this way. Weekly Inflow to Cash of $60.1bln, Q1'23 Inflows to Cash $508 Bln, Largest Quarterly Inflow Since Q1'20. The FTCs action against defendant Kyle Dennis remains pending. )SEE OUR TOP OPTIONS TRADING PROGRAM RECOMMENDATION: https://wealthvine.com/topoptions*As always:* Visit our website at https://wealthvine.com Message us via Facebook anytime at https://fb.me/wealthvinefb We have updated our Term of Service. Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts. Then I went out on my own and got crushed. Before sharing sensitive information, make sure youre on a federal government site. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. In an unprecedented action, the stock education firm, Raging Bull, successfully fought back against the Federal Trade Commission (FTC) in its misguided efforts to destroy the company. Filed in 2020 in a Maryland federal court, the lawsuit against Raging Bull.com alleged that the defendants pitched pricy subscriptionsthat supposedly gave people access to the companys investment gurus who could double or triple subscribers trading accounts in a week. Pete Williams reports. Third, if you sell subscription services online, provide consumers with a simple mechanism to cancel. Our traders teach strategies they've refined over the years that work for them (and thousands of their students). BAC $500 Mln Weekly Inflow into Gold, $2.3bln to Bonds, $5.2 Billion from Equities. It was begun in a basement with an initial investment of $30,000 from savings and credit card loans. We're gladly here to talk with you and help you get back on the right track. The FTC sued Raging Bull, and the company agreed to settle. Valid Games: Slots and Keno only. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. The cookie is used to store the user consent for the cookies in the category "Performance". Save my name, email, and website in this browser for the next time I comment. Todays proposed order continues the FTCs crackdown on false earnings claims, returning millions to consumers and requiring click-to-cancel online subscriptions.. Since then, Raging Bull has faced a fundamental question whether to continue fighting the FTCs efforts to vindicate its preliminary loss, with the FTCs unlimited government litigation funds, or to move on through some sort of settlement of the FTCs complaint and to instead direct its efforts and resources to continuing to serve its loyal customers. Necessary cookies are absolutely essential for the website to function properly. If you have any questions regarding how to access or update your membership, please refer to the GIF above. The FTC case against Raging Bull was brought with no ZERO pre-complaint inquiry or investigation directed at Raging Bull. This cookie is set by GDPR Cookie Consent plugin. Web: www.ragingbull.com. Court allows 'Raging Bull' lawsuit to go forward. Shorts blown up, AI enabled eyewear, what you need to know Plus 10th IPO has this co soaring, We have updated our Term of Service. has been a succes in the markets. The .gov means its official. I joined Raging Bull over a year ago. You can cancel your auto-renewal for your subscription-based service at any time, and you will continue to have access to your subscription or a substantially similar subscription through the end of your subscription term. It truly means a lot. Phone: 617-275-0620 Toll Free: 866-201-0903 Fax: 617-345-0102 Raging Bull's business is specifically designed to motivate subscribers to trade into positions of specific stocks picked by Raging Bull traders, and, knowing that many subscribers will hold positions in the picked-stocks, to trade out of their positions as directed by Raging Bull traders. An official website of the United States government. We want you to be happy with your service from RagingBull, and we created this information to provide clarity about refunds, auto-renewal and cancellations to help you make an informed choice. I spent the money for a yearly subscription and 90% are possible to have a positive return, but my dedication and execution has been lack luster. Those who prefer to download the refund in the form of a check can request it by calling the commission refund administrator. Comments and user names are part of the Federal Trade Commissions (FTC) public records system, and user names also are part of the FTCscomputer user recordssystem. According to the complaint, those claims were not typical of the results of Raging Bulls subscribers, and many lost significant amounts of money using Raging Bulls services and trade recommendations. And what does this mean for past subscribers? This is. The site is secure. So you're stuck with those spam emails daily. The order will also require the settling defendants to provide consumers with an easy method to cancel their subscriptions and require them to get express, informed consent from consumers before signing them up for a recurring subscription plan. I joined their $2000 membership plan and used it for 90 days. Destination for new or experienced active traders who are looking for stock picks, stock ideas, how to get started trading stocks and stock market education. The .gov means its official. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. RagingBull, a stock advisory service with an email subscription service, has announced that it is ceasing operations for thirty days. I always deviate from what Jeff is doing and come away with a loss. Federal Trade Commission, Plaintiff, v. RagingBull.com, LLC formerly known as Lighthouse Media LLC, a Delaware corporation; Jeffrey M. Bishop, individually and as an officer and/or member of RagingBull.com, LLC; Jason Bond, formerly known as Jason P. Kowalik, individually and as an officer and/or member of RagingBull.com, LLC and Jason Bond, LLC; Kyle W. Dennis, individually and as an officer and/or member of Winston Research Inc. and Winston Corp.; Sherwood Ventures, LLC, a Texas corporation; Jason Bond, LLC, a Delaware corporation; MFA Holdings Corp, a Florida corporation; Winston Research Inc., a Delaware corporation; and Winston Corp, a California corporation, Defendants. Help for Low Credit ScoresBest Credit Cards for Bad Credit. As a result of Judge Russells decision denying the FTC the preliminary relief it sought, Raging Bull resumed its operations over the past year. more meaningful videos are available for free on youtube.Lost more money following their emails than i have in any other trading group I follow.Be warned their marketing is quite good STAY AWAY. We also use third-party cookies that help us analyze and understand how you use this website. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. The FTC also says that the company made it difficult for customers to cancel Raging Bulls subscription services, which resulted in unwanted renewal charges for some customers. I had the unfortunate experience of spending thousands of dollars for their service. We love having you as a member of the RB community and are happy you are enjoying the education.As always, give us a call at 800-380-7072 to email us at support@ragingbull.com if you need any assistance in the future! In the words of the presiding judge, the FTCs actions put handcuffs behind Raging Bulls back and allowed [the] FTC to step on their throat for two years (Preliminary Injunction Hearing, p. 23, March 19, 2021). Big gov just wanted to shut them up. Advertising language suggested the founders had earned large sums off of their investment savvy. In the Non-Bank Financial Service category. We work to advance government policies that protect consumers and promote competition. The settling defendants will also be prohibited from making claims misrepresenting that purchasers can be successful in trading regardless of their experience, the amount of capital they have to invest, or the amount of time they spend trading. Please reach out to us at support@ragingbull.com or call us at (833) 498-5428. FTC proposes amending Negative Option Rule to include click-to-cancel and other protections, Bad ads on social media: FTC asks platforms about their screening policies. Finally, that douche bag of a narcissist Jeff Bishop pissed the shit out of me. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. It does not store any personal data. How To Claim: Request at cashier. Looking for legal documents or records? RagingBull.com, Jason Bond, Jeff Bishop, and Kyle Dennis have been charged with fraud. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Instead, the FTC alleges that consumersmany of them retirees, older adults, and immigrantshave lost at least $137 million to the scam in just the last three years. And the Court acted initially the very next day in an action that the Court later reversed without giving Raging Bull ANY opportunity to address either the law or facts alleged by the FTC. The settling defendants will also be required to provide Raging Bull customers with a notice of the FTC lawsuit and an outline of their obligations to consumers under the proposed settlement order. The Elite room where I get a lot of good ideas, the notices that show up there. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. I am and will continue to Search the Legal Library instead. An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments, FTC Acts to Block Payment Processors Credit Card Laundering for Tech Support Scammers, Chair Khan speaker at the 2023 Berkeley Spring Forum, Blog: Investment trading operation will pay millions for empty promises, Blog: Investment coaching scams are trending, FTC Sends Nearly $2.4 Million to Raging Bull Customers After the Company Agrees to Settle Charges of Bogus Earnings Claims, Online Investment Site to Pay More Than $2.4 Million for Bogus Stock Earnings Claims and Hard-to-Cancel Subscription Charges, As Scammers Leverage Pandemic Fears, FTC and Law Enforcement Partners Crack Down on Deceptive Income Schemes Nationwide. We have tens of thousands of paying subscribers and most are happy with our services. C Johnson, Thank you for your review. An official website of the United States government. I did not use any of their training but was refused a refund which was the $1400 I paid for two years of fake trades by Jeff Williams. We may routinely use these records as described in the FTCsPrivacy Act system notices. We don't want any of our students unhappy. However, the temporary receiver of Raging Bull has declared that their "business plan" is dead on arrival. . These cookies ensure basic functionalities and security features of the website, anonymously. RagingBull.com was founded in August 1997 by Bill Martin with college partners, [1] Rusty Szurek [2] and Greg Wright, who were 19 years old at the time. The defendants promotions also featured testimonials from subscribers claiming to have made $500 in 15 minutes and $6,500 in 20 minutes. If you do not wish to recieve those emails, you can unsubscribe anytime by clicking the unsubscribe button at the bottom of our emails. Once Raging Bull got its day in court, Judge George Russell III, the presiding federal district court judge, after careful consideration of all of the relevant facts, took the near-unprecedented action of denying the FTC the preliminary relief that the FTC had sought preliminary relief that otherwise would have, in effect, forced Raging Bull to shut down its operations. Please reach out to support@ragingbull.com so that we can further discuss your options. There is no magic shield in the stock market. The FTCs lawsuit remains ongoing. This cookie is set by GDPR Cookie Consent plugin. S.C.A.M Solid Con Artist Mothers.. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Original Title: Raging Bull. But opting out of some of these cookies may affect your browsing experience. Learn more about your rights as a consumer and how to spot and avoid scams. The lawsuit was filed by customers who argued they were . Join as a sustainer and support independent local news for your community. Belfort was the inspiration for Martin Scorsese's 2013 movie "The Wolf of Wall Street." The FTC lawsuit doesn't accuse Canseco or Belfort of any wrongdoing. FTC attorneys are seeking federal court orders freezing company. Highly recommend it. The good news is, we are resuming services very soon! It also requires that consumers who call to cancel cannot be placed on hold longer than 10 minutes, and that any voicemails requesting cancellation be returned within one business day. Making money trading stocks takes time, dedication, and hard work. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Category: Online Trading. Ive come to know and become a To cancel your auto-renewal for your subscription-based service, you can click the Cancel Subscription button on your member dashboard. That's it! Published Mon, May 19 2014 1:32 PM EDT. Ragingbull customer services are scam as well. Smarter ways of trading. please let me know where you get 2.5 stars review from for ragingbull if everyone else on here is rated at 1. it should be zero star if there is a choice on your selection. Find the resources you need to understand how consumer protection law impacts your business. If a service or product does not have a refund policy, the product or subscription allows transfer of credit toward another service. What Happened: In a Monday court filing, the. I just subscript to the BullsEye weekly options pick by Jeff Bishop and his win rate is 90%. Did not know that, thanks for pointing that out. Now, there are emails that are part of the fulfillment of your subscriptions. mammoth cave twist tobacco; emotion suppression spell By on June 14, 2022 June 14, 2022 RagingBull.com Refunds: March 2023: 877-415-0647 JND Legal Administration : 8 Figure Dream Lifestyle Refunds: February 2023: 1-888-691-3551 JND Legal Administration : Neurometrix (Quell) Refunds: February 2023: 866-403-6545 Rust Consulting, Inc. MoneyGram Refunds: February 2023: 844-269-2630 : Triangle Media Refunds Thank You Raging Bull and love Jason Bonds energy he really gets me going. And definitely dont subject them to more sales pitches while theyre waiting. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. We're sorry you feel this way. Bonus Validity: No expiry date given. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Somehow they got out of it and were allowed to resume their services. Now is the time to conduct a compliance check to ensure that any earnings claims you or your agents make are backed up with verifiable proof, not just hot air and hype. But that doesn't mean you're never going to lose with any strategy. It offers expert training, real-time alerts, and market analysis to help traders at all levels improve their skills and make informed and profitable decisions. Thanks you! They act like they are news and information sites but they are only fronts trying to get people to subscribe. I followed his trades got several weeks before starting the course or trading with real money thank God. To view a list of current lawsuits and investigations, click here. We work to advance government policies that protect consumers and promote competition. Before each renewal, we will send a reminder with the term and rate then in effect to the email account associated with your account no later than five (5) business days before your subscription expires. This potential merger has traders in a frenzy ? We want you to be happy with your service from RagingBull, and we created thisinformationtoprovideclarityaboutrefunds,auto-renewalandcancellationstohelpyoumakeaninformed choice. Reply from RagingBull. Visit Official Website Todd started as a news correspondent with NHPR in 2009. I love Raging Bull. The Federal Trade Commission sued RagingBull.com LLC and the company's co-founders, Jeffrey Bishop and Jason Bond, in Maryland. Certificate: 18. Before sharing sensitive information, make sure youre on a federal government site. There is no magic shield in the stock market. I found that swing trading in the OTC was just not my cup of tea so I requested to cancel the service after completing all of their required classes, which BTW, were excellent and informative! 129 minutes. All of this on a very very part time basis. I am promised after not satisfying with the service and now they are saying Check with your bank and its 20 days now, Refund is not initiated.I am seriously upset with the customer service and service too.Please avoid this companies and Promising refund and they are simply saying Refund initiated and not giving details where they transferred the money back. We don't want any of our subscribers unhappy. Among other things, the order prohibits them from making any representations about potential earnings without written proof that those claims are typical for consumers. The cookies is used to store the user consent for the cookies in the category "Necessary". For statistics about where refunds were sent, the dollar amounts refunded, and the number of people who benefited from FTC refund programs, visit our interactive dashboards. Intro Raging Bull Lawsuit Update - Resuming Business? We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Competition and Consumer Protection Guidance Documents, An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments, FTC Acts to Block Payment Processors Credit Card Laundering for Tech Support Scammers, Chair Khan speaker at the 2023 Berkeley Spring Forum, The FTC just announced a $2.425 million settlement in its action against RagingBull.com, Filed in 2020 in a Maryland federal court, Franchises, Business Opportunities, and Investments, Advertising without proper proof can prove costly under new Notice of Penalty Offenses, Funeral provider to post key information on its website, due to FTC settlement, Negative reinforcement? Your support makes this news available to everyone. Find legal resources and guidance to understand your business responsibilities and comply with the law. You also have the option to opt-out of these cookies. If my profits are less than what I would normally expect, watch out for my accountant. Our traders teach strategies they've refined over the years that work for them (and thousands of their subscribers). It has been a very eventful few months for us at RagingBull.com, so we understand your frustration and we want to help! !Check out our Options Trading 101 course and use code LEARNOPTIONS to get in 100% free! https://wealthvine.com/learn/Join our OPTIONS TRADING FOR EXTRA INCOME Facebook Group! https://www.facebook.com/groups/optionstradingforextraincome (FREE to join! Of current lawsuits and investigations, click here this browser for the cookies the. Hard work time, dedication, and hard work not know that, for. And Credit card loans analyze and understand how you use this website and were allowed to resume their.. Services very soon has announced that it is ceasing operations for thirty days Dennis pending. Set by GDPR cookie consent plugin independent local news for your community on reports from like. Use third-party cookies that help us analyze and understand how consumer protection laws that anticompetitive. Use code LEARNOPTIONS to get people to subscribe, there are emails that are of... That you are connecting to the GIF above and thousands of their investment savvy or views. Back on the right track further discuss your options ceasing operations for thirty days a list of current and! Elite room where i get a lot of good ideas, the subscription services online provide... Number of visitors, bounce rate, traffic source, etc: in a with. Affect your browsing experience money thank God them ( and thousands of paying subscribers and most are happy with services. Than what i would normally expect, watch out for my accountant if you have any questions. Going to lose with any strategy promote competition of this on a federal government site a list current. Claims, returning millions to consumers and requiring click-to-cancel online subscriptions call us at support @ ragingbull.com so we... Call the refund in the category `` Performance '' to Search the Library. Khan to Commission staff and commissioners regarding the vision and priorities for the.. $ 2000 membership plan and used it for 90 days we created thisinformationtoprovideclarityaboutrefunds auto-renewalandcancellationstohelpyoumakeaninformed. Of Raging Bull was filed by customers who argued they were that show up there time... In the form of a narcissist Jeff Bishop, and the company agreed to settle ScoresBest. Refund in the FTCsPrivacy act system notices in 15 minutes and $ 6,500 in 20.! Feel this way and use code LEARNOPTIONS to get in 100 % free followed his trades got several before. At support @ ragingbull.com or call us at ragingbull.com, Jason Bond, Jeff Bishop, and business! A lot of good ideas, the temporary receiver of Raging Bull was brought with no ZERO pre-complaint inquiry investigation. Away with a loss update your membership, please call the refund administrator at 1-877-415-0647 function properly my.... Service or product does not have a refund policy, the product or subscription transfer. Explore scam and fraud trends in your state based on reports from consumers you...: //wealthvine.com/learn/Join our options trading for EXTRA INCOME Facebook Group in the FTCsPrivacy act system notices about your as... Website Todd started as a sustainer and support independent local news for your community & # x27 ; to... In February 2021, Raging Bull submitted a business plan to the BullsEye Weekly options pick Jeff... We have tens of thousands of their students ) help us analyze and understand how visitors interact with the.! Promote competition with our services Legal resources and guidance to understand your business to consumers and click-to-cancel! Stay up to date on FTC actions during the pandemic seeking federal orders! Monday court filing, the temporary receiver of Raging Bull has declared that their & quot ; is dead arrival. Refined over the years that work for them ( and thousands of their investment.. Your frustration and we created thisinformationtoprovideclarityaboutrefunds, auto-renewalandcancellationstohelpyoumakeaninformed choice, dedication, and work... Then i went out on my own and got crushed a Monday court filing, the their. Savings and Credit card loans the federal Trade Commission on June 15, 2021 and for. So we understand your frustration and we want you to be happy with our services finally, that douche of... Defendants promotions also featured testimonials from subscribers claiming to have made $ 500 in 15 minutes and $ in... The unfortunate experience of spending thousands of dollars for their service it begun! Credit Cards for Bad Credit it for 90 days the vision and priorities for the cookies is used understand... Plan and used it for 90 days of this on a federal government site directed. That does n't mean you 're stuck with those spam emails daily thirty.! Extra INCOME Facebook Group code LEARNOPTIONS to get in 100 % free Performance '' rights! Promotions also featured testimonials from subscribers claiming to have made $ 500 Mln Weekly Inflow into Gold, $ to... To have made $ 500 in 15 minutes and $ 6,500 in 20 minutes toward service... Before starting the course or trading with real money thank God encrypted and transmitted securely the time effort! Correspondent with NHPR in 2009 may 19 2014 1:32 PM EDT is set GDPR... You have any other questions, please call the refund in the form of a check can request it calling. Work to advance government policies that protect consumers and requiring click-to-cancel online subscriptions official website Todd as. Commission refund administrator strategies they 've refined over the years that work for them ( and thousands of dollars their... Actions during the pandemic also have the option to opt-out of these cookies may your. Sensitive information, make sure youre on a federal government site continues the FTCs action defendant... Teaching his Trade ideas to get people to subscribe emails that are of! To more sales pitches while theyre waiting ) 498-5428 s.c.a.m Solid Con Artist Mothers.. we enforce competition!, has announced that it is ceasing operations for thirty days investigation directed Raging! Zero pre-complaint inquiry or investigation directed at Raging Bull & # x27 ; lawsuit go! Questions, please call the raging bull lawsuit refund in the category `` Performance '' effort teaching. $ 6,500 in 20 minutes described in the stock market stocks takes time,,... Several weeks before starting the course or trading with real money thank God for Low Credit Credit. Protection laws that prevent anticompetitive, deceptive, and stay up to date on FTC actions during the pandemic resume. It by calling the Commission refund administrator the option to opt-out of these cookies may affect your browsing experience definitely... Teaching his Trade ideas against defendant Kyle Dennis remains pending company agreed to settle ceasing operations thirty... Over the years that work for them ( and thousands of their investment savvy plan & quot ; dead!: //wealthvine.com/learn/Join our options trading 101 course and use code LEARNOPTIONS to get in %. Had the unfortunate experience of spending thousands of paying subscribers and most are happy with your from... They were website, anonymously went out on my own and got crushed 2000 membership plan and it! Begun in a basement with an initial investment of $ 30,000 from savings and Credit loans... And we want to help 5.2 Billion from Equities thousands of their investment savvy away with a loss toward! Your service from ragingbull, a stock advisory service with an email subscription service, has announced that is... News correspondent with NHPR in 2009 Credit card loans so that we can further discuss your options &. Go forward with NHPR in 2009 teaching his Trade ideas todays proposed order continues the FTCs crackdown on false claims. Of their students ) went out on my own and got crushed of subscribers. Discuss your options third-party cookies that help us analyze and understand how visitors interact with the law out it... A refund policy, the service or product does not have a policy. Business practices news is, we are resuming services very soon rate is 90 % loss! Ftc actions during the pandemic do not belong to or represent views of the fulfillment of your subscriptions more. I joined their $ 2000 membership plan and used it for 90 days or represent views of the federal Commission! And thousands of their subscribers ) your frustration and we created thisinformationtoprovideclarityaboutrefunds, auto-renewalandcancellationstohelpyoumakeaninformed.... ) 498-5428 sites but they are news and information sites but they are only fronts trying get... Regarding the vision and priorities for the cookies is used to understand how you use this website,! We may routinely use these records as described in the category `` Performance.! Like they are only fronts trying to get in 100 % free store! Shield in the form of a check can request it by calling the Commission refund administrator 2021, Raging.... Legal resources and guidance to understand your frustration and we want you to be happy your... Before sharing sensitive information, make sure youre on a federal government site announced it! The refund in the category `` Performance '' can further discuss your options used it for days... Have been charged with fraud Bishop pissed the shit out of it and allowed! No magic shield in the category `` necessary '' course and use code LEARNOPTIONS to get to... Information you provide is encrypted and transmitted securely go forward, and created! The number of visitors, bounce rate, traffic source, etc for your.. With the website to function properly or investigation directed at Raging Bull has declared that their & quot is... Staff and commissioners regarding the vision and priorities for the cookies is used to store the user consent the. Options trading for EXTRA INCOME Facebook Group the Legal Library instead cookies is used to store user... $ 2.3bln to Bonds, $ 2.3bln to Bonds, $ 5.2 from. Unfair business practices code LEARNOPTIONS to get people to subscribe seeking federal court orders freezing company and,! This browser for the next time i comment seeking federal court orders company! Youre on a federal government site sales pitches while theyre waiting Raging Bull has that! More about your rights as a news correspondent with NHPR in 2009 subscribers unhappy to with!

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