Lumos Labs CEO Steve Berkowitz says his company is no longer making claims that its suite of cognitive training games can make your brain healthier. In fact, he admits "the jury is still out" on the ...

The company has agreed to pay $2 million to settle allegations it made unfounded claims. Online game provider Lumosity has agreed to pay $2 million to settle allegations that it made unfounded claims ...

The company that developed Lumosity "brain training" games has agreed to pay $2 million to settle federal allegations it deceived users about the games' benefits. (Video via Lumosity) On Tuesday, the ...

The creators and marketers of the Lumosity brain-training program have agreed to settle Federal Trade Commission charges for false advertising, according to the FTC. The Lumosity mobile app program ...

The Federal Trade Commission said Tuesday said that Lumos Labs, the company behind Luminosity, must pay $2 million and notify program subscribers of the settlement. (AP Photo) | Alex Brandon The ...

SAN FRANCISCO--(BUSINESS WIRE)--Lumos Labs, creators of the popular Lumosity brain training platform with over 100 million users, announced today that the U.S. Food and Drug Administration (FDA) has ...

There’s certainly no shortage of apps that claim to boost your brainpower by having you pop numbered balloons in ascending order or drop blocks into obligingly shaped gaps. But does practicing such ...