# FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 1 of 104 • PUBLIC•

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FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 1 of 104 • PUBLIC•

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Cooley
Heather Sawyer
T: +1 202 776 2030
hsawyer@cooley.com

February 10, 2026

Via: Email and Hand Delivery

April J. Tabor
Secretary
Office of the Secretary
Federal Trade Commission
600 Pennsylvania Avenue, NW
Washington, DC 20580
atabor@ftc.gov

Re:

FTCMatterNo.P264800

Dear Madam Secretary:
Pursuant to 16 C. F .R. § 2.10 and § 4.2, enclosed please find the Endocrine Society's Petition to Quash or
Limit the United States Federal Trade Commission's Civil Investigative Demand dated January 15, 2026,
in the above-referenced matter.

Enclosures

CC:

Via Email
Office of the Secretary
Jonathan Cohen
Gregory Ashe
Annie Chiang
Jennie Hitchcock
Hans Clausen
Via Hand Delivery

Office of the Secretary

Cooley LLP

1299 Pennsylvania Avenue NW Suite 700 Washington, DC 20004-2400
t. +1 202 842 7800 r +1 202 842 7899 cooley.com

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BEFORE THE UNITED STATES
FEDERAL TRADE COMMISSION
In the Matter of
The Civil Investigative Demand dated January
15, 2026, to The Endocrine Society

FTC Matter No.: P264800

PETITION TO QUASH OR LIMIT CIVIL INVESTIGATIVE DEMAND
Pursuant to 16 C.F.R. § 2.1 0(a), Petitioner the Endocrine Society hereby respectfully
requests that the United States Federal Trade Commission (" FTC" or " Commission") quash the
Civil Investigative Demand dated January 16, 2026 (the "CID", attached as Exhibit 1). The CID
shou ld be quashed in its entirety or, at minimum, substantially narrowed because it exceeds the
Commission 's authority; violates the Endocrine Society 's constitutional rights; and is overly
broad, unduly burdensome, vague, and ambiguous.

BACKGROUND AND PROCEDURAL HISTORY
The Endocrine Society is a 501(c)(3) nonprofit that was founded in 19 16. It is the largest
and most active organization in the world devoted to the study of honnones and clinical practice
in endocrinology. The Endocrine Society's mission is to advance excellence in endocrinology by
promoting scientific discovery, medical practice, and human health. It pursues that mission by
publishing peer-reviewed journals, hosting forums for the exchange of clinical and scientific
information, and supporting its membership--over 18,000 clinicians, researchers, and scientistsat all stages of their professional development.

The organization's flagship journal,

Endocrinology, has been published since 19 17, and since the journal's inception it has been the
forum for foundational advances in the understanding of endocrine science. The Endocrine
Society also publishes dozens of clinical practice guidelines for treatment of endocrine disorders,
scientific statements, and position statements concerning endocrinology in the public sphere.

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Among those is a guideline entitled Endocrine Treatment of Gender-Dysphoric/Gender-

Jncongruent Persons, which was last published in 2017 (the "Guidelines"), 1 and a position
statement published in 2020, entitled Transgender Health (the "Position Statement"). 2
The Endocrine Society received the CID on January 20, 2026. The CID says that the
" purpose" of the Commission's investigation is "to determine whether [the Endocrine Society] or
any other Person, . . . have made, or assisted others in making, false or unsubstantiated
representations or engaged in unfair practices in connection with the marketing and advertising of
Pediatric Gender Dysphoria Treatment."

CID I.

The CID notes that "according to the

Organization," such treatments "purport[)" to treat minors with gender dysphoria. Id. The CID
makes dozens of sweeping requests for documents, information, and communications from every
employee, officer, and "affiliate[]" of the Endocrine Society. CID 8.
The Endocrine Society initiated the meet and confer process on January 27, 2026; met with
Commission staff on January 30, 2026; exchanged email correspondence with Commission staff
on February 3, 2026, and February 4, 2026; met again on February 5, 2026 ; and corresponded by
email and letter on February 6, 2026, and February 9, 2026. During that process, the Endocrine
Society raised all of the issues discussed in this Petition. See 16 C.F.R. § 2.I0(a)(2).

ARGUMENT
The Commission should quash the CID in its entirety for three independent but interrelated
reasons. First, the CID exceeds the Commission 's authority. Second, the CID is unconstitutional

1

Wylie C. Hembree et al., Endocrine Treatment of Gender-Dysphoric/Gender-Jncongruent
Persons: An Endocrine Society Clinal Practice Guideline, 102 J. Clinical Endocrinology &
Metabolism 3869 (Sept. 13, 2017), https://academic.oup.com/ jcem/article/ 102/ l 1/3869/4157558
[https://penna.cc/9CSM-2KX C].
2
Endocrine
Society,
Transgender
Health Position Statement (Dec. 2020),
https ://www .endocrine.org/-/med ia/endocrine/fi les/advocacy/positionstatement/posi tion statement transgender health pes.pdf [https://perma.cc/8PMD-2U9P).

2

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under the First and Fourth Amendments of the U.S. Constitution. And third, the CID is overly
broad and unduly burdensome.

I.

The CID is ultra vires because the Commission cannot regulate nonprofits such as the
Endocrine Society or investigate non-commercial statements of scientific opinion.
A subpoena issued by a federal agency is proper only where "the inquiry is within the

authority of the agency, the demand is not too indefinite and the information sought is reasonably
relevant." United States v. Morton Salt Co., 338 U.S. 632, 652 (1950). Investigatory subpoenas
are therefore unenforceable " when there is 'a patent lack of jurisdiction' in an agency to regulate
or investigate." FTC v. Ken Roberts Co., 276 F.3d 583, 587 (D.C. Cir. 2001). In this case, there
is a "patent lack ofjurisdiction." The Commission's authority to issue a CID is limited to instances
where it has "reason to believe" that a "natural person" or " legal entity" is " in possession, custody,
or control of any documentary material ... relevant to unfair or deceptive acts or practices in or
affecting commerce."

15 U.S .C. § 57b-l(a)(6), (c)(I). As explained below, the CID plainly

exceeds the Commission's authority.

A.

The Commission lacks enforcement jurisdiction over the Endocrine Society.

First, no statement by the Endocrine Society could render it liable under the FTC Act.
Under § 5 of the FTC Act, the Commission's enforcement authority extends only to "person[s],
partnership[s], or corporation[s]." 15 U.S.C. § 45(m)( I )(A). Section 4 defines a "corporation" to
include "any company ... which is organized to carry on business for its own profit or that of its
members." 15 U.S.C. § 44. The Commission has never disputed that it lacks the authority to sue
true charitable nonprofit corporations under those provisions. See, e.g., Non-Compete Clause
Rule, 89 Fed. Reg. 38342, 38357 (May 7, 2024); see also FTC v. Grand Canyon Educ., Inc. , 745
F. Supp. 3d 803, 825-26 (D. Ariz. 2024) (dismissing the Commission's claims against nonprofit
corporation).

3

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"The Commission applies a two-part test to determine whether a corporation is organized
for profit and thus within the Commission's jurisdiction." 89 Fed. Reg. at 38357. Under that test,
the Commission considers (I) whether there is "an adequate nexus between an organization's
activities and its alleged public purposes," and (2) whether the organization's "net proceeds [are]
properly devoted to recognized public, rather than private, interests." Id. (quoting In re Coll.

Football Ass 'n, 117 F.T.C. 971, 998 (1994)). The Commission also considers an organization's
classification under the tax code and " tax-exempt status" in determining whether the organization
falls within its jurisdiction. Id. (quoting In re Am. Med. Ass 'n, 94 F.T.C. 701, 1979 WL 199033,
at *221 (Oct. 12, 1979)).
The Endocrine Society meets these criteria. It is organized as a 50l(c)(3) nonprofit, and it
has had tax-exempt status since it was first incorporated in 1918. See Revenue Act of 1913, ch.
16, § II(G)(a), 38 Stat. 114, 172 (1913) (exempting organizations "operated exclusively for
religious, charitable, scientific, or educational purposes"); Exhibit 4 (the Endocrine Society's
original articles of incorporation describing its purpose as promoting "scientific research,"
"diffus[ing] information" by " lecture," and publishing on "scientific subjects"). That distinguishes
the Endocrine Society from other nonprofit medical organizations over which the Commission has
previously exercised jurisdiction. See, e.g., Am. Med. Ass 'n, 1979 WL 199033, at *221 (stating
that the Commission has jurisdiction over the American Medical Association in part because the
AMA's " inability to qualify under§ 50l(c)(3) ... means that the IRS docs not consider [it] to be
organized and operated 'exclusively' for charitable goals").
The Endocrine Society also satisfies both prongs of the functional test the Commission
applies to determine whether an entity is a true nonprofit: its activities and funding are both
properly devoted to its charitable public purposes. Since its founding, the Endocrine Society's

4

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only "object" has been to "broaden knowledge in [the] field" of endocrinology. 3 The Endocrine
Society 's current articles of incorporation similarly describe it as "organized and operated
exclusively for educational and scientific purposes."

Exhibit 5.

The Endocrine Society's

activities- publishing medical journals, guidelines, and statements; hosting forums for the
exchange of clinical and scientific knowledge; and generally supporting its members in advancing
the field of endocrinology- serve those purposes. Declaration of the Endocrine Society in Support
of Petition to Quash the Civil Investigative Demand ("Becker Deel.") 16. None of the Endocrine
Society's activities is directed at generating a profit for itself. Nor docs the Endocrine Society
assist the profitability of any of its members beyond aiding them in being successful as clinicians,
scientists, and researchers for the public good.
Publicly available documents also show that the Endocrine Society 's net proceeds are
devoted to recognized public interests. As a preliminary matter, a significant portion of the
Endocrine Society's income comes from grants and donations, and the majority of the individuals
who work with the organization are volunteers, not paid employees. Becker Deel. 19. The
Endocrine Society's revenue comes predominantly from sales of its peer-reviewed journals,
membership dues, and attendance fees for its educational programs. Id. The Endocrine Society's
expenses are also directed towards its advancement of public interests: they are largely devoted to
organizing and hosting educational programs and publishing its journals. Id. None of those
activities diverges from the Endocrine Society's stated purpose: aiding the community of
endocrinologists who comprise its membership to accelerate scientific breakthroughs and improve
health worldwide.

Id. 1 4.

Because the Endocrine Society is a true charitable, nonprofit

3 The Association for the Study of Internal Secretions, 5 Endocrinology I, at 1 (Jan.-Mar. 1920),

https://academ ic.oup.com/endo/issue-pdf/5/1 /1 I 048878 [https://perma.cc/YYR8-6D5 5].

5

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corporation by every standard the Commission employs to determine its own jurisdiction, the
Commission lacks the authority to enforce the FTC Act against the Endocrine Society.

B.

The CID is not reasonably relevant to an investigation into any violations of
Sections 45 and 52.

The Commission also cannot justify the CID as relevant to any investigation into the
Endocrine Society or a third party within the ambit of 15 U.S.C. §§ 45 or 52. CID 1. It is apparent
on the face of the CID that it is not reasonably relevant to any legitimate investigation of a violation
of those statutes.
A CID is not enforceable if the "subject matter of the investigation" that the CID identifies
is not "within the statutory jurisdiction of the [CID]-issuing agency." Fed. Election Comm 'n v.

Machinists Non-Partisan Pol. League, 655 F.2d 380, 386 (D.C. Cir. 198 I). Section 45 concerns
"[u]nfair methods of competition" and " unfair or deceptive acts or practices in or affecting
commerce."

15 U.S.C. § 45(a)(I). And section 52 concerns the "dissemination" of " false

advertisement[s]." I 5 U.S.C. § 52(a), (b). The authorizing resolutions the Commission is acting
under are similarly constrained: they limit the Commission to investigating "acts or practices in or
affecting commerce." CID 17- I 8. Any broader interpretation would result in the resolutions'
exceeding both the Commission's statutory and constitutional authority. See United States v.

Philip Morris USA, 3 I 6 F. Supp. 2d 19, 26 (D.D.C. 2004) ("[W]hether an activity falls within
Congress' purview is contingent upon whether that activity constitutes "commerce'' within the
scope of the Commerce Clause.").
In the CID, the Commission asserts that it is investigating "representations" and " practices
in connection with the marketing and advertising of Pediatric Gender Dysphoria Treatment." CID
I. But the information and documents sought by the CID are not relevant to any such investigation.

6

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In addition to its being outside the enforcement jurisdiction of the Commission, the
Endocrine Society does not " market" or "advertise" any treatments, so there are no statements by
the Endocrine Society that could fall within sections 45 or 52 's scope. During the January 30,
2026 conference, Commission staff asserted that a statement by a medical organization that a
treatment was safe or effective could, if the statement were used by practitioners in suggesting that
treatment to patients, potentially create liability for that medical organization under the FTC Act
and, at a minimum, would justify a CID like this one, which seeks a staggering array of information
that falls squarely within the protection of the First Amendment. That extraordinary assertion has
no basis in, and is contrary to, established law.
The Endocrine Society publishes dozens of clinical practice guidelines that it provides free
of charge as a public service on its website. 4 Those guidelines contain disclaimers that state that
they "should not be considered inclusive of all proper approaches or methods," that they "cannot
guarantee any specific outcome" and do not " establish a standard of care," and that they "are not
intended to dictate the treatment of a particular patient." 5 Similar guidelines are published by
hundreds of other medical organizations around the world, including the American Heart
Association, 6 the Infectious Di seases Society of America,7 and the American Academy of

4

See Endocrine Society, Clinical Practice Guidelines, https://www.endocrine.org/clinicalpractice-guidelines [https://perma.cc/PET5-PJCD] (last visited Feb. 9, 2026).
5 See Hembree, supra note 1, at 3895.
6
See
American
Heart
Association,
Recent
Guidelines
&
Statements,
https://professional.heart.org/en/guidelines-statements
[https://perma.cc/M93B-5CBX] (last
visited Feb. 9, 2026).
7
See
Infectious
Diseases
Society
of
America,
Practice
Guidelines,
https://www.idsociety.org/practice-guideline/practice-guidelines/#/+/O/date na dt/desc/
[https://perma.cc/F63F-G3FC] (last visited Feb. 9, 2026).

7

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Pediatrics. 8 Clinicians routinely use those guidelines in discussing treatment options with patients.
In the Commission's apparent view, however, every medical opinion in any of those guidelines
could expose the medical organization itself to liability and bring the organization within the
FTC's investigatory ambit. On this view, the Commission could use unfettered investigatory
authority to burden and chill the right of nonprofit medical organizations to formulate and express
their views; furthermore, it could ultimately seek to enjoin the publication of any medical opinion
or recommendation it disagreed with.
But the Commission is not authorized to regulate medical opinion or practice in the United
States, through either its enforcement or its investigative power; in fact, "direct control of medical
practice in the states is beyond the power of the federal government." Linder v. United States, 268
U.S. 5, 18 (I 925); see also Tex. Med. Providers Performing Abortion Servs. v. Lakey, 667 F.3d
570,579 (5th Cir. 2012) ("[F]ederal courts are not the repository for regulation of the practice of
medicine."). Congress did not grant the Commission the authority to veto medical guidance
published by nonprofit medical organizations, as there is nothing in the FTC Act that hints at that
power. And federal courts have repeatedly recognized that holding entities liable for scientific or
medical opinions published in a non-commercial context would raise significant First Amendment
concerns. See ONY, Inc. v. Cornerstone Therapeutics, Inc., 720 F.3d 490, 498 (2d Cir. 2013);

Lavine v. Am. A cad. of Pediatrics Inc., 2024 WL 2796575, at *7 (D.N.J. May 31, 2024); Torrey v.
Infectious Diseases Soc y ofAm., 86 F.4th 701, 707 (5th Cir. 2023).
Notably, the Commission has not previously asserted-and no court has ever approvedthe Commission's expansive and unprecedented new interpretation of the FTC Act. Although the

8

See
American
Academy
of
Pediatrics
Clinical
https://publications.aap.org/collection/523/Clinical-PracticeGuidelines?autologincheck=redirected (last visited Feb. 9, 2026).

8

Practice

Guidelines,

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Commission has sued medical organizations before, the suits have always concerned commercial
activity, like limitations on member advertising and solicitation, see, e.g. , Cai. Dental Ass 'n v.

FTC, 526 U.S. 756 (1999); Am. Med. Ass 'n v. FTC, 638 F.2d 443 (2d Cir. 1980), limitations on
submissions to insurance companies, see, e.g. , FTC v. lnd. Fed 'n ofDentists, 476 U.S. 447 (1986),
mergers or acquisitions of hospitals or clinical practices, see, e.g., Saint Alphonsus Med. Ctr.-

Nampa Inc. v. St. Luke 's Health Sys., Ltd., 778 F.3d 775 (9th Cir. 2015), or the advertising of
treatments by for-profit entities or professional associations, see, e.g. , FTC v. Peyroux, 723 F.
Supp. 3d 1209 (N.D. Ga. 2024).
Those cases are nothing like this one: the Endocrine Society does not "provid[e] ... clinics
with marketing campaigns" or " magazine ads," or "sample sales agreements." Id. at 1245. And
the FTC 's "authority does not allow [it] to ban [speech] just because someone might use [it] for
false advertising." 9 For that reason, the Commission has never before tried to regulate any of the
thousands of statements of medical opinion published in clinical guidelines by charitable nonprofit organizations, nor could it.
Nor is the requested information relevant to any investigation of whether "any other
Person" possibly violated sections 45 or 52. CJD 1. The focus of the Commission' s investigation
is apparent on the CID's face. The CID requests nearly every piece of information imaginable
about the Endocrine Society' s publication of the Guidelines and the Position Statement and any
statements it has ever made about gender affirming care for children. CID 5-7. But nothing about
how the Endocrine Society developed or substantiated those publications could transfonn them

9

Andrew N. Ferguson, Staying in Our Lane: Resisting the Temptation of Using Consumer
Protection Law to Solve Other Problems at 2, Prepared Remarks at the 2024 International
Consumer Protection and Enforcement Network (ICPEN) Fall Conference, Washington, D.C.
(Sept. 27, 2024), https://www.ftc.gov/system/ files/ftc gov/pdf/9.27.2024-Ferguson-lCPENRemarks.pdf [https://perma.cc/6TJE-HTWS].

9

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into advertisements by a regulable third party. To the extent that the Commission's goal is to
evaluate the Endocrine Society's substantiation itself, that is publicly available through the 200
plus academic citations in the Guidelines and the public-facing GRADE process the Endocrine
Society employed to develop them. 10
Instead, the CID makes clear that the Commission 's focus in issuing the CJD is determining
who helped the Endocrine Society form and publish its noncommercial scientific opinion about
the efficacy of gender affirming care for minors and how they did so. But, as explained below,
requiring the Endocrine Society to divulge that information- to the extent it is not already
public- would burden the Endocrine Society's First and Fourth Amendment rights, not least
because it seeks to compel the Society into "disprov[ing]" its own sincerely held, scientifically
grounded opinion. CID 7; Hurley v. Irish-Am. Gay, Lesbian & Bisexual Grp. of Bos., 515 U.S.
557, 573 (1995) (government "may not compel affirmance of a belief with which the speaker
disagrees"). Nor is there anything in that information that could plausibly implicate the FTC Act.
Because the Commission's putative justification is pretextual, the CID exceeds its authority. See

Ken Roberts, 276 F.3d at 586.
II.

The CID Is Overbroad and Unduly Burdensome
Because the Commission 's "[s]ubpoena enforcement power is not limitless," id., a CID

must be reasonable in "the nature, purposes and scope of the inquiry," Okla. Press Publ'g Co. v.

Walling, 327 U.S. 186, 209 (1946). Courts wi ll not enforce a CID where, as here, it " is unduly
burdensome or unreasonably broad." FTC v. Texaco, Inc., 555 F.2d 862, 882 (D.C. Cir. 1977).

10 See Endocrine Society Guideline Methodology, Endocrine Soc'y, https://www.endocrine.org/-

/media/endocrine/files/cpg/methodology-pagerefresh/endocrine society guideline methodology links.pd[ [https://penna.cc/5M7V-FWVS].

10

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Most of the CID's provisions fail that test.

The burdens it imposes therefore provide an

independent basis to quash the CID or, at minimum, substantially narrow it. Id.
First, the CID's definitions are themselves overly broad. For example:
•

A "Communication" is defined to mean "the transmittal of information by any means,"
without limitation based on medium.

•

The "Covered Statement[s]" the CID focuses on include any "representations, whether
express or implied" that any " medical intervention[s]" of any type "which ... purport[] to
treat gender dysphoric ... minors" "are safe," "proven effective," "supported by evidencebased science," "improve mental health," "reduce the incidence of suicide," "are fully or
partly reversible," or "have few side effects."

•

A "Document" is defined to include any "drafts or prior versions;" "notations on the copy;"
"copies of all hyperlinked materials;" all forms of electronic messaging, such as texts or
instant messages; and any " information" "on all devices (including employee-owned
devices) used for Organization-related activity."

•

The terms "Organization," "You," and "Your" are defined to include "other persons
working for or on behalf of' an extensive list of entities or individuals with potential ties
to the Endocrine Society.

See CJD 8. By incorporating those definitions into its requests, the CID makes nearly limitless
requests for documents and info rmation, often in ways that directly implicate the Endocrine
Society's First Amendment rights. For example:
•

Interrogatory 6 would require the Endocrine Society to disclose anyone "to whom .. . [it]
disseminated" any "materials concerning" gender affi rming care for minors and "for what
purpose" those materials "were disseminated."

•

Interrogatory 7 would require the Endocrine Society to disclose every instance in which it
or any of its " officers, members, [or] employees" made any statement in any medium that
"express or implied," "represent[s]" that gender affirming care for minors is safe or
effective.

•

Interrogatory 8 would require the Endocrine Society to disclose "every individual or entity
that participated in development and issuance" of the Guidelines or the Position
Statements.

•

Interrogatory 12 would require the Endocrine Society to provide " Your views" (whatever
that might mean) regarding whether the Covered Statements are "substantiated," and the

II

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reasoning therefore, and defines " Your" to include an expansive group of entities
associated with the Endocrine Society.
•

Interrogatory I 3 would require the Endocrine Society to disclose each "natural person,
organization, or other legal entity" that played any role in "developing, reviewing, or
evaluating substantiation" for any statement the Endocrine Society or its employees ever
made in any medium that represented, "express or implied," that gender affirming care for
minors is safe or effective. Among other things, inclusion of a subjective assessment as to
when a representation might be implied (an assessment that could require identification
and review of documents not easily identifiable through search terms and is highly
dependent on context and knowledge) makes the request impossibly vague, ambiguous,
and unduly burdensome.

•

Document Requests 1-3 would require the Endocrine Society to produce any " Document,"
which includes "chats, instant messages, text messages, direct messages, information
stored on or sent through social media accounts or messaging or other applications•· and
even any "information on [any] devicef) (including employee-owned devices) used for
Organization-related activity," if it (1) relates to substantiation for (or, perversely,
"disproves") any statements made by the Endocrine Society or any of its employees or
members that represents that gender affirming care is safe or effective, (2) relates to any
"study" that the Endocrine Society or any of its employees or members ever "sponsored,
conducted, or contributed to" that " involved" gender affirming care for minors.

•

Document Requests 4 and 5 would require the Endocrine Society to produce any
" Documents"- again including electronic messaging or information on any device used
for " Organization-related activity"-related to communications with any "organizations,
institutions, or individuals" regarding the Guidelines or Position Statement.

•

Document Request 7 would require the Endocrine Society to produce any non-publicly
available documents that it, its employees, or its affiliates " provided to any legislature or
regulator" that "related to" gender affirming care for minors.

•

Document Request 8 would require the Endocrine Society to produce attendance sheets for
any "workshop, townhall or other formal or informal session, or conference" "hosted or
organized" by the Endocrine Society or any of its employees or members that was " related
in any way" to gender affirming care for minors.

•

Document Request 9 would require the Endocrine Society to produce any documents that
were "d isseminated" by the Endocrine Society that "reference(]" any statement that gender
affirming care is safe or effectiv e.

See CID 6-7.

Each of these requests would impose significant burdens and substantial costs on the
Endocrine Society, which is a nonprofit organization with limited resources and staff. Taken

12

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together, compliance would be crippling and severely disrupt the Endocrine Society's operations.
Between a half and a third of the Endocrine Society's employees would have to be diverted from
their responsibi lities if the Endocrine Society were required to fully respond to the CID's requests;
and even then, full compliance would take months or years. In sum, the Endocrine Society can
attest that responding to the CID would materially disrupt its operations, require the Endocrine
Society to spend hundreds of thousands of dollars and devote hundreds of hours of staff time to
the Commission's investigation, and severely chill the Endocrine Society's protected speech.
Becker Deel. ~~ 13-25. Because "compliance threatens to unduly disrupt or seriously hinder
normal operations of' the Endocrine Society, the CID is unduly burdensome and must be quashed.

Texaco, 555 F.2d at 882.
III.

The CID Violates the Endocrine Society's First and Fourth Amendment Rights
Finally, even if the CID were within the Commission's statutory authority and compliance

were not unduly burdensome for the Endocrine Society, it would still violate the Endocrine
Society's constitutional rights.

First, the CID violates the First Amendment because it retaliates against and chills
protected speech. 11 In a strikingly similar case, the D.C. Circuit recently held that a nonprofit had
suffered "present, concrete, and objective harms" as a result of ''retaliatory government actions"
from the Commission that "adversely affected" its ability to engage in its charitable mission.

11

During the February 5, 2026, conference between the Endocrine Society and the Commission,
Commission staff took the surprising view that the Endocrine Society had forfeited any argument
based on retaliation under the First Amendment. In a subsequent letter, Commission staff appears
to be taking an even more expansive view- that the Endocrine Society had forfeited every
objection to the CID. Both positions are baseless. Among other reasons, the Endocrine Society
raised its objections "during the meet and confer process," both in correspondence with
Commission staff and during the January 30, 2026, and the February 5, 2026, conferences
themselves. 16 C.F.R. § 2.7(k).

13

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Media Matters for Am. v. FTC, 2025 WL 2988966, at *3 (D.C. Cir. Oct. 23, 2025); Media Matters
for Am. v. Paxton, 138 F.4th 563, 579 (D.C. Cir. 2025). The same holds true here.
Under the First Amendment, the government "cannot attempt to coerce private parties in
order to punish or suppress views that the government disfavors." Nat 'l Rifle Ass 'n ofAm. v. Vullo ,
602 U.S. 175, 180 (2024). Establishing the causal link required for a retaliation claim does not
require "com[ing] forward with . .. ' the so-called smoking gun."' Massey v. Johnson, 457 F.3d
7 1 l , 717 (7th Cir. 2006); Media Matters, 2025 WL 2988966, at *8. Both the Commission and the
Administration more broadly have stated their intention to retaliate against proponents of gender
affirming care. 12 This CID is part of the pattern of retaliation that has followed those statements,
as evidenced in the Administration's unprecedented targeting of organizations engaging in speech
about gender affirming care, the lack of legitimate basis for the Commission's purported
investigation, and the Chairman of the Commission's commitment to investigate organizations
that "pushed" a viewpoint that the Administration disagrees with. In addition, the CID has already
chilled the Endocrine Society's protected speech. Becker Deel. ,i,i 18-25.

Second, on top of its retaliatory nature, the CID separately burdens the Endocrine Society's
First Amendment and Fourth Amendment rights. The CID implicates the Endocrine Society's
rights to speech, association, and petition. See, e.g., CID 7 (requiring the Endocrine Society to
"disprove" its own views); id (requiring the Endocrine Society to disclose attendance sheets for
any "session[s]" it has "hosted or organized" concerning gender affirming care for minors); id.

12 See, e.g., Ending Radical Indoctrination in K-12 Schooling, Exec. Order No. I4190 of Jan. 29,

2025, 90 Fed. Reg. 8853 (Feb. 3, 2025); FTC Commissioner Andrew N. Ferguson for FTC
Chairman, Punchbowl News, https://punchbowl.news/wp-content/uploads/FTC-CommissionerAndrew-N-Ferguson-Overview.pdf [https://perma.cc/VDZ6-BZQU] (promising to "[fjight back
against the trans agenda" by "[i]nvestigat[ing]" those " who deceptively pushed gender confusion,
puberty blockers, hormone replacement, and sex-change surgeries on children and adults").

14

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(requiring the Endocrine Society to disclose any "information provided to any legislature or
regulator"); see also 303 Creative LLC v. Elenis, 600 U.S. 570, 584 (2023) (right to free speech);

Ams.for Prosperity Found. v. Bonta, 594 U.S. 595, 609-10 (2021) (right to free association); BE
& K Cons tr. Co. v. Nat '/ Labor Relations Bd., 536 U.S. 516, 525 (2002) (right to petition). It also
violates the "qualified privilege against compelled disclosure" that applies to organizations
engaged in journalism. Hutira v. Islamic Republic of Iran , 211 F. Supp. 2d 115, 118 (D.D.C.
2002). That interest is not " confined" to protecting " newspapers and periodicals;" it "necessarily
embraces ... every sort of publication which affords a vehicle of information and opinion."

Citizens United v. Fed. Election Comm 'n, 558 U.S. 310, 390 n.6 (20 I0) (quoting Lovell v. City of
Griffin, 303 U.S. 444, 452 (1938)). Because those rights are implicated, the CJD is enforceable
only if the Fourth Amendment's reasonableness requirements are adhered to with "scrupulous
exactitude." Zurcher v. Stanford Daily, 436 U.S. 547,564 (1978). The CID falls far short of that
exacting standard because, as explained above, it is overbroad, vague and ambiguous in many
places, and unduly burdensome. See supra Part II.

RESERVATION OF RIGHTS
By submitting this Petition to Quash, the Endocrine Society docs not intend to-and docs
not-waive any rights to make additional arguments against the Commission 's investigation of
the Endocrine Society, the CID, or both, including under the U.S. Constitution, the FTC Act, or
any other statute or rule.

CONCLUSION
For the foregoing reasons, the CID should be quashed in its entirety or, at minimum,
substantially narrowed.

15

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 17 of 104 • PUBLIC•

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Dated: February 10, 2026

COOLEY LLP

~I~

B:

... ~ -""'--' ~
~awyer, B ~7680,{
hsawyer@cooley.com
Raymond P. Tolentino, Bar No. 102878 I
rtolentino@cooley.com
Ranjan Dev, Bar No.90019329
dranjan@cooley.com

1299 Pennsylvania Avenue NW
Suite 700
Washington, DC 20004-2400
Telephone:
+ 1 202 842 7800
Facsimile:
+1 202 842 7899

Counsel for Petitioner the Endocrine Society

16

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CERTIFICATE OF SERVICE
I hereby certify that on February I 0, 2026, the foregoing Petition to Quash the Civil
Investigative Demand was served by electronic mail to the following:
Office of the Secretary
600 Pennsylvania Ave. NW
Washington, D.C. 20580
electronicfilings@ftc.gov

Apri l Tabor, Secretary of the Commission
600 Pennsylvania Ave. NW
Washington, D.C. 20580
atabor@ftc.gov

Gregory Ashe, Commission Counsel
600 Pennsylvania Ave., NW
Wash ington, D.C. 20580
gashe@ ftc.gov

Jonathan Cohen, Chief Litigation Counsel
600 Pennsylvania Ave. NW
Washington, D.C. 20580
jcohen2@ftc.gov

I further certify that on February 10, 2026, the foregoing Petition to Quash the Civil
Investigative Demand was served by hand delivery/courier to the followi ng:
BrightKey Offices
c/o April Tabor, Secretary of the Commission
9050 Junction Dr.
Annapolis Junction, MD 20701

17

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Dated: February 10, 2026

Counsel/or Petitioner the Endocrine Society

18

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EXHIBIT 1

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 21 of 104 • PUB~bBLIC

UNTTED STATES OF AMERTCA

FEDERAL TRADE COMMISSION
WASHfNGTON. D.C. 20580
Office of the Secretary

Janua1y 15, 2026

Via U.S. Mail
The Endocrine Society
c/o CT Corporation System
I 015 15Lt1 Street NW, Suite 1000
Washington, DC 20005

FTC Matter No. P264800
Dear The Endocrine Society:
The Federal Trade Commission ("FTC") has issued the attached Civil Investigative
Demand ("CID") asking for info rmation as part of a non-public investigation. Our purpose is
to determine whether the Organization or any other Person, as those terms are defined in tl1e
enclosed CID Schedule, have n1ade, or assisted others in making, false or unsubstantiated
representations or engaged in unfair practices in connection with the marketing and advertising
of Pediatric Gender Dysphoria Treatment (as defined in the enclosed CID Schedule), which,
according to the Organization, purports to treat gender dysphoric or gender diverse minors, to
consumers in v iolation of Sections 5 and 12 of the FTC Act, 15 U.S.C. §§ 45 , 52, and whether
FTC action to obtain monetary relief would be in the public interest. Please read the attached
docwne11ts carefully. Here are a few important points we would like to highligbt:
l. Contact FTC counsel Gregory Ashe (202-326-3719/gashe@ftc,gov), as soon as
possible to schedule a telephone call to be held within 14 days. During that telephone
call, FTC counsel can address any questions or concerns you have regarding this CID,
including whether there are changes to how you comply with the CID that would
reduce your cost or burden while still giving the FTC t he information it needs. Please
read the attached documents for more information about that meeting.
2. You must preserve, and immediately stop any deletion or destruction of,
electronic or paper documents in your possessjon, custody, or control that are in
any way relevant to this investigation, even if those documents are being retained by

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 22 of 104 * PUBLIC *

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a third party or you believe the documents are protected from discovery by privilege
or some other reason. You must also disable auto-delete for, or suspend, restrict, or
limit use of, any applications or platforms that automatically delete messages or
information that may be relevant to this investigation.
3. The FTC will use information you provide in response to the CID for the
purpose of investigating violations of the laws the FTC enforces. We will not
disclose the information under the Freedom of information Act, 5 U.S.C. § 552. We
may disclose the information in response to a valid request from Congress, or to other
civil or criminal law enforcement agencies for their official law enforcement
purposes. The FTC or other agencies may use and disclose your response in any civil
or criminal proceeding, or if required to do so by law. However, we will not publicly
disclose your information without giving you prior notice.
4. Please read the attached documents closely. They contain impo11ant information
about how you should provide your response.
Please contact FTC counsel as soon as possible if you have any questions. We appreciate
your cooperation.
Very truly yours,

(;_)7-.-...-4..---..
..
April J. Tabor
Secretary

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 23 of 104 • PUB~bBLIC

United States of America
Federal Trade Commission

J

\

Civil Investigative Demand
1. TO

1a. MATTER NUMBER

The Endocrine Society
c/o CT Corporation System
1015 15th Street NW, Suite 1000
Washington, DC 20005

P264800

This demand is issued pursuant to Section 20 of the Federal Trade Commission Act, 15 U.S.C. § 57b-1, in the course
of an investigation to determine whether there is, has been, or may be a violation of any laws administered by the
Federal Trade Commission by conduct, activities or proposed action as described in Item 3.
2. ACTION REQUIRED

D You are required to appear and testify.
LOCATION OF HEARING

YOUR APPEARANCE W ILL BE BEFORE

DATE AND TIME OF HEARING OR DEPOSITION

!vi You are required to produce all documents described in the attached schedule that are in your possession, custody, or control, and to make them
~ availab le at your address indicated above for inspection and copying or reproduction at the date and time speclfled below.

1v1 You are required to answer the interrogatories or p rovide the written report described on the attached schedu le. Answer each interrogatory or report
~ separately and fully in writing. Submit your answers or report to the Records Custodian named in Item 4 on or before the date specified below.
□ You are required to produce the tangible things described on the attached schedule. Produce such things to the Records Custodian named in Item 4

on or before the date specified below.

DATE AND TIME THE DOCUMENTS, ANSWERS TO INTERROGATORIES, REPORTS, AND/OR TANGIBLE THINGS MUST BE AVAILABLE

March 16, 2026 by 5:00pm ET
3. SUBJECT OF INVESTIGATION
Whether the Organization or any other Person, as those terms are defined in the enclosed CID Schedule, have made, or assisted others in making, false or
unsubstantiated representations or engaged in unfair practices in connection with the marketing and advertising of Pediatric Gender Dysphoria Treatment (as
defined in the enclosed CID Schedule) which, according to the Organization, purports to treat gender dysphoric o r gender diverse minors, to consumers In
violation o f Sections 5 and 12 of the FTC Act, 15 U.S.C. §§ 45, 52, and whether FTC adion to obtain monetary relief would be in the public inte rest. See a lso
attached schedule and attached resolutions.

4. RECORDS CUSTODIAN/DEPUTY RECORDS CUSTODIAN

5. COMMISSION COUNSEL

Gregory Ashe
Federal Trade Commission
600 Pennsylvania Ave .. NW
Washington, DC 20580
202-326-3719

Gregory Ashe
Federal Trade Commission
600 Pennsylvania Ave., NW
Washington, DC 20580
202-326-3719

DATE ISSUED

COMMISSIONER'S SIGNATURE_ .d_ /

~fl/

1/15/26
INSTRUCTIONS AND NOTICES

YOUR RIGHTS TO REGULATORY ENFORCEMENT FA IRNESS

The delivery ol this demand to you by any method prescribed by the Commission's
Rules of Practice is legal service and may subject you to a penalty Imposed by law for
failure to comply. The produdion of documents or the submission of answe Value in data

Symbol

,r
i,

®

~

ASCII Character
20
254
174
126

7. De-duplication: Do not use de-duplication or email threading software without FTC approval.
8. Password-Protected Files: Remove passwords prior to production. If password removal is not
possible, provide the original and production filenames and the passwords, under separate cover.
Producing Data to the FTC

1.

Prior to production, scan all data and media for viruses and confirm they are virus-free.

2.

For productions smaller than 50 GB, submit data electronically using the FTC's secure file transfer
protocol. Contact FTC counsel for instructions. The FTC cannot accept files via Dropbox,
Google Drive, OneDrive, or other third-party file transfer sites.

3.

If you submit data using physical media:
a. Use only CDs, DVDs, flash drives, or hard drives. Format the media for use with Windows;
b. Use data encryption to protect any Sensitive Personally Identifiable Information or
Sensitive Health Information (as defined in the instructions), and provide passwords in
advance of delivery, under separate cover; and
c. Use a courier service (e.g., Federal Express, UPS) because heightened security measures
delay postal delivery.

4.

Provide a transmittal letter with each production that includes:
a. Production volume name (e.g., Volume 1) and date of production;
b. Numeric DocID range of all documents in the production, and any gaps in the DocID range;
and
c. List of custodians and the DocID range for each custodian.

-A2-

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Standard Metadata Fields
DAT FILE FIELDS

DEFINITIONS

POPULATE FIELD FOR:

DoclD

Unique ID number for each document

All Documents •••••

FamilylD

Unique ID for all documents in a family including parent and all child documents

All Documents

ParentlD .·

Document ID orthe pa~nt doc~ment. This field will only b~ popul~~~d on child items

All ~oc~ITlent~ \'.·••••\

File Path

Path to produced native file

All Documents

TextPath

Path to document level text or OCR file

All Documents

Custodian

Name of the record owner/holder

All Documents

AIICustodlans

Names of all custodians that had copy of this record (populate If data was deduplicated
or email threading was used) .

All Documents

Source

Source of documents: CID, Subpoena, lhlrd Party lJata, etc.

All Uocuments

Original file narn.e \ / .·••. •· ·• • •

A11·•o()~lJ1T1e~i~C•;·•·••·•·••-':

File Size

Size of documents

All Documents

File Extensions

Extension offile type

All b6c~~d~ts">• • • •

MDS Hash

Unique identifier for electronic data used in de-duplication

All Documents

PRODUCTION_VOLUME

Production Volume

All Documents

HASREDACTIONS

Redacted document

All Documents

Exception Reason

Reason for exception encountered during processing (e.g., empty file, source file,
password-protected file, virus)
• •••• • ••

All ~o~u~dnt;· ••

PRODBEG

Beginning production bates number

Documents with Produced Images

PRODEND

Ending produ~ion t>1tesnurn~er

D6~JITlert~s\Jiih•;r6duced Images

PRODBEG_ATTACH

Beginning production family bates number

Documents with Produced Images

PRODEND_ATTACH

Ending production family bates number

Documents with Produced Images

Page Count

The number of pages the document contains

Documents with Produced Images

From

Names retrieved from the FROM field in a message

Emails

To

Names retrieved from the TO field in a message; the recipient(s)

Emails

cc

Names retrievedf~OITI ~he CC field in a message; the ~~~led ~~cipi~11~(s) · ••

EITl~li~

BCC

Names retrieved from the BCC field in a message; the blind copied recipient(s)

Emails

EmailSubject > • ••• •

Email subjecfnn~ >

Date Sent

The date an email message was sent

Emails

Time Sent

The time an email message was sent

Emails

Date Received

The date an email message was received

Emails

Time Received

The time an email message was received

Emails

Author

File Author

Loose Native Files and Email Attachments

Filename

•

••

Title

••.. FllcTitle

··.·:

••• .. •••• :-.·: __

···.

·.

·.

·::

..... =::,:·:

Loose Native Files and Email Attachments

Subject

File Subject

Loose Native Files and Email Attachments

Date Created

Date a document was created by the file system

Loose Native Files and Email Attachments

Time Created

Time a document was created by the file system

Loose Native Files and Email Attachments

Date Modified

Last date a document was modified and recorded by the file system

Loose Native Files and E.mall Attachments

Time Modified

Last time a document was modified and recorded by the file system

Loose Native Files and Email Attachments

,· ..'. :._-·.

.•. ::·.·:=·. _: '_:•-.:_:·,· .. •..-

Date Printed

... Lastdate a document was printed and recorded by .the file system

Loose Native Files and EITl~i; I~~~~ITl~~~s

Time Printed

Last time a document was printed and recorded by the file system

Loose Native Files and Email Attachments

-A3-

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 37 of 104 * PUBLIC *

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UNITED STATES OF AMERICA
BEFORE THE FEDERAL TRADE COMMISSION
COMMISSIONERS:

Joseph J. Simons, Chaim1an
Noah Joshua Phillips
Rohit Chopra
Rebecca Kelly Slaughter
Christine S. Wilson

RESOLUTION DIRECTING USE OF COMPULSORY PROCESS IN A NON-PUBLIC
INVESTIGATION OF DIETARY SUPPLEMENTS, FOODS, DRUGS, DEVICES, OR
ANY OTHER PRODUCT OR SERVICE INTENDED TO PROVIDE A HEALTH
BENEFIT OR TO AFFECT THE STRUCTURE OR FUNCTION OF THE BODY
File No. 002 3191
Nature and Scope of Investigation:
To investigate whether unnamed persons, partnerships, or corporations, or others have
engaged or are engaging in deceptive or unfair acts or practices in or affecting commerce in the
adve11ising, marketing, or sale of dietary supplements, foods, drngs, devices, or any other
product or service intended to provide a health benefit or to affect the strncture or function of the
body; have misrepresented or are misrepresenting the safety or efficacy of such products or
services; or otherwise have engaged or are engaging in unfair or deceptive acts or practices or in
the making of false advertisements, in or affecting commerce, in violation of Sections 5 or 12 of
the Federal Trade Commission Act, 15 U.S.C. §§ 45 and 52, as amended. The investigation is
also to dete1mine whether Commission action to obtain monetary relief would be in the public
interest.
The Federal Trade Commission hereby resolves and directs that any and all compulsory
processes available to it be used in connection with this investigation for a period not to exceed
ten (10) years from the date of issuance of this resolution. The expiration of this ten-year period
shall not limit or tenninate the investigation or the legal effect of any compulsory process issued
during the ten-year period. The Federal Trade Commission specifically authorizes the filing or
continuation of actions to enforce any such compulsory process after the expiration of the tenyear period.
Authority to Conduct Investigation:
Sections 6, 9, 10, and 20 of the Federal Trade Commission Act, 15 U.S.C. §§ 46, 49, 50,
and 57b-l, as amended; and FTC Procedures and Rules of Practice, 16 C.F.R. § 1.1 et seq., and
supplements thereto.
By direction of the Commission.

APRIL
TABOR

Digitally signed

by APRIL TABOR
Date: 2019.08.12
12:09:40 -04'00'

April J. Tabor
Acting Secretmy
Issued: August 9, 20 I 9

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UNITED STATES OF AMERICA
BEFORE THE FEDERAL TRADE COMMISSION
COMMISSIONERS:

Lina M. Khan, Chair
Noah Joshua Phillips
Rohit Chopra
Rebecca Kelly Slaughter
Christine S. Wilson

RESOLUTION DIRECTING USE OF COMPULSORY PROCESS
REGARDING ACTS OR PRACTICES AFFECTING CHILDREN
File No. 212 3123

Nature and Scope of Investigation:
To investigate whether any persons, partnerships, corporations, or others have engaged
or are engaging in unfair, deceptive, anticompetitive, collusive, coercive, predatory,
exploitative, or exclusionary acts or practices, in or affecting commerce, related to goods or
services marketed, in whole or in part, to children under 18, in violation of Section 5 of the
Federal Trade Commission Act, 15 U.S.C. § 45, as amended or any statutes or rules enforced by
the Commission; and to determine the appropriate action or remedy, including whether
injunctive and monetary relief would be in the public interest.
The Federal Trade Commission hereby resolves and directs that any and all compulsory
processes available to it be used in connection with any inquiry within the nature and scope of
this resolution for a period not to exceed ten years. The expiration of this ten-year period shall
not limit or terminate the investigation or the legal effect of any compulsory process issued
during the ten-year period. The Federal Trade Commission specifically authorizes the filing or
continuation of actions to enforce any such compulsory process after the expiration of the tenyear period.
Authority to Conduct Investigation:
Sections 6, 9, 10, and 20 of the Federal Trade Commission Act, 15 U.S.C. §§ 46, 49,
50,and 57b-l, as amended; and FTC Procedures and Rules of Practice, 16 C.F.R. § 1.1 et seq.,
and supplements thereto.
By direction of the Commission.

April J. Tabor
Secretary
Issued: September 2, 2021
Expires: September 2, 2031

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 39 of 104 * PUBLIC *

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EXHIBIT 2

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BEFORE THE UNITED STATES
FEDERAL TRADE COMMISSION
In the Matter of
The Civil Investigative Demand dated January
15, 2026, to The Endocrine Society

FTC Matter No.: P264800

DECLARATION OF THE ENDOCRINE SOCIETY IN SUPPORT OF PETITION TO
QUASH THE CIVIL INVESTIGATIVE DEMAND
I, Mila N. Becker, hereby declare as follows:
I.

I am over the age of eighteen and fully competent to make this declaration. I am

the Chief Policy Officer ("CPO") at the Endocrine Society. If called upon to testify as to the facts
set forth herein, I could and would testify competently thereto.
2.

I joined the Endocrine Society in June 2013 as the Senior Director of Advocacy &

Policy and became the organization's CPO in 2015. In my role, I oversee the Endocrine Society's
Government and Public Affairs Department, which manages the Society's public policy agenda
and advocacy efforts. I develop strategies to create and improve policies that affect access to and
quality of care, and I engage in advocacy related to diabetes, obesity, funding for medical research,
and endocrine-disrupting chemicals. I also serve as liaison to the Endocrine Society's Clinical
Affairs, Research Affairs, and Advocacy & Public Outreach Core Committees. These committees
play an integral role in implementing the Society's mission, sharing the latest clinical and research
information, and making policy recommendations. Over the past twelve years, I have had the
opportunity to work closely with our staff, our members, our partner organizations, government
officials, and others in the medical society, scientific organization, and policy communities. As a

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result, I have developed a broad and deep knowledge of the Endocrine Society's operations and of
the clinicians, scientists, and groups with which we collaborate.
3.

I have reviewed the publicly available versions of the Endocrine Society's Form

990 for fiscal years 2020 - 2023 submitted to the IRS and available on its public website and, in
consultation with our Finance Department, I am generally familiar with the organization's
financial operations and tax compliance status.
Background
4.

Founded in 1916, the Endocrine Society is a 501 (c)(3) charitable, non-profit

organization dedicated to accelerating scientific breakthroughs and improving patient health and
wellbeing. The organization qualifies as a publicly supported organization and is recognized by
the Internal Revenue Service as tax-exempt under§ 501(c)(3).
5.

The Endocrine Society has more than 18,000 members including scientists,

physicians, educators, and nurses in 122 countries. It is the largest and most active organization
devoted to the study of hormones and clinical practice in endocrinology and proudly counts ten of
the world's most distinguished scientists who have received the honor of the Nobel Prize in
Physiology or Medicine or Chemistry among its members, including four of its past presidents.
Charitable Purpose
6.

The Endocrine Society's mission is to advance excellence in endocrinology and

promote endocrinology's role in scientific discovery, medical practice, and human health. To
accomplish this, the Endocrine Society publishes multiple peer-reviewed journals and
publications, hosts forums for the exchange of clinical and scientific knowledge in the field, and
supports its over 18,000 members through every stage of their careers.
7.

The Endocrine Society has a top-ranked peer-reviewed journal publishing program

that addresses dozens ofendocrine issues. The Endocrine Society also publishes policy statements,
2

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scientific statements, and clinical practice guidelines. In addition, the Endocrine Society hosts
meetings and conferences to provide opportunities to share the latest infonnation and updates in
endocrinology and to facilitate professional development and networking for members and all
professionals involved in the specialized field of hormone research and clinical endocrinology.
8.

The Endocrine Society also offers educational and training opportunities that cover

all areas of endocrinology, diabetes, and metabolism. The Endocrine Society's Center for
Leaming provides a wealth of activities that afford our members opportunities to pursue and
maintain specialty certifications with regulatory or certifying bodies. The Endocrine Society's
Special Interest Groups and online platforms allow our members to share information with their
peers, learn best practices, and find research collaborations. The Endocrine Society also works
with its members to develop policy positions and educate policy makers about them.
9.

The Endocrine Society's revenue comes predominantly from program service

activities directly related to its exempt educational and scientific purposes. These include journal
sales, educational meeting and registration fees, membership dues, author publication charges, and
other related services. In 2024, these activities generated approximately 86% of total revenue.
Donations and private grants also make up a portion of the Endocrine Society's income. In
summary, funding from member services and educational programs together with broad-based
contributions constitute most of the Endocrine Society's funding. This information is available
from public-facing IRS Form 990s, which also reflect that the Endocrine Society devotes the bulk
of its expenses to program services that directly advance its exempt educational and scientific
purposes, like organizing and hosting educational programs and publishing journals. The
Endocrine Society's latest Form 990 reflecting information from 2024, which has been submitted
but not yet posted publicly by the IRS, continues to reflect our charitable purpose. The majority of

3

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the individuals who work with the Endocrine Society are volunteers, not paid employees. In fact,
the organization relies on more than 2,700 volunteers compared to approximately 80 employees,
demonstrating its community-driven charitable operations.
10.

The organization's financial statements are audited by an independent accountant,

and executive compensation is detennined through an independent process involving review and
approval by independent persons and use of comparability data. These controls ensure funds are
devoted to charitable purposes and protected from misuse.
Guideline Development
11 .

While the Endocrine Society directs its members to potential endocrine-related

research opportunities, the Endocrine Society does not itself conduct clinical research. In other
words, the Endocrine Society's work related to clinical practice guidelines involves working with
our members who are experts in the field to analyze the publicly available evidence. The
Endocrine Society detennines the topics for guidelines, selects an expert writing committee, and
provides the infrastructure for the development and publication by using a robust and rigorous
process that adheres to the highest standards of trustworthiness and transparency as defined by the
Institute of Medicine. The Endocrine Society also follows the Grading of Recommendations,
Assessment,

Development and

Evaluation (GRADE) methodology to develop its

recommendations. GRADE is a transparent framework for summarizing evidence and provides a
systematic approach for making clinical practice recommendations. Additionally, Endocrine
Society guidelines are not developed in a vacuum. Guidelines take an average of 2-3 years to
develop through a multi-step drafting, comment, review, and approval process. There is ample
opportunity for feedback and debate through this years-long development process. Consequently,

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the Endocrine Society's guidelines represent a high-quality resource to be used for patient care
based on medical evidence, author expertise, rigorous scientific review, and a transparent process.
12.

While designed to be used as a resource, the guidelines are not intended to dictate

the treatment of a particular patient, which is made clear in the guidelines themselves. For example,
and as set forth in its 2017 publication entitled Endocrine Treatment ofGender-Dysphoric/GenderIncongruent Persons: An Endocrine Society Clinical Practice Guideline, which is available to the

public free of charge on the Endocrine Society's website :
The guidelines should not be considered inclusive of all proper
approaches or methods, or exclusive of others. The guidelines
cannot guarantee any specific outcome, nor do they establish a
standard of care. The guidelines are not intended to dictate the
treatment of a particular patient. Treatment decisions must be made
based on the independent judgement of healthcare providers and
each patient's individual circumstances.
Burden of the Civil Investigative Demand
13.

I have reviewed the Civil Investigative Demand (CID) issued to Endocrine Society

by the United States Federal Trade Commission. There are multiple requests that implicate many
different elements of the Endocrine Society's work.
14.

Based on my experience, responding to the requests as drafted would require us to

undertake a substantial and burdensome process of identifying and speaking with a number of
individuals across our organization who may have been involved with our work in these areas,
including at least the Clinical Practice Guideline team, the Publications Department, the
Communications and Media Relations teams, the Executive Office, the Membership Department,
and the IT team as well as the Government & Public Affairs team. Likely, compliance would
require diverting significant time from at least 30-in other words, between one third and one
half-of the organization's approximately 80 employees. In addition to Endocrine Society staff,

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responding to the requests as drafted could also require us to interrupt the work of several
Endocrine Society members, including the expert writing panel of the guidelines, the authors of
our position statement and policy documents, the Board of Directors, and other member experts in
transgender medicine who have participated in the Endocrine Society's work. Then, we might
need to seek potentially responsive documents from those individuals. As a nonprofit, the
Endocrine Society's technology infrastructure is not designed to optimize compliance with
complex, litigation-driven processes such as the CID. The Endocrine Society uses a Microsoft
365-based office system that makes it time-consuming to search for or easily sort documents. The
process is especially burdensome when large quantities of documents are required to be filtered
based on complex criteria.
15.

Given the breadth of the requests, Endocrine Society would need to collect

Electronically Stored Information ("ESI") from some or all of the individuals who would need to
be involved in any response to the CID, and we would likely need to retain a third-party vendor to
collect and process those documents. Any collected documents would also need to be reviewed by
attorneys for responsiveness and privilege. Moreover, my team would need to closely review the
responsiveness and privilege determinations, because many of our documents may be highly
technical (including use of acronyms and medical information) or require familiarity or expertise
to properly categorize. Further, many of our documents may involve third parties with their own
privacy interests, or sensitive patient or health data. Screening for this information would require
a substantial commitment oftime and resources from Endocrine Society.
16.

I understand that discovery costs of this type can often run into at least the hundreds

of thousands ofdollars, which has significant budget implications for a 501(c)(3) organization like
our medical society. Approximately ten years ago, the Endocrine Society was involved in

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discovery related to a different matter. Even as a non-party to the suit, at that time, our costs were
close to $100,000 plus significant staff time. Consequently, based on the breadth of the CID in
this case, we estimate that our costs could be well over $500,000 plus weeks of IT and other
relevant stafftime. For a nonprofit medical society like ours, this cost and staff burden is not easily
absorbed and would have significant effect on our budget. Our Finance Department is already
considering the budget impact of compliance with the CID and identifying what programs,
products, and services will be affected, moved, delayed, or stopped. Our IT Department also must
consider what the budgetary impact of compliance will be on technology infrastructure plans as
well as its staff capacity and what additional help would be needed.
17.

The work I have described that would be required to respond to the CID as drafted

would divert our staff from the vital, urgent work Endocrine Society does to advance endocrine
practice for patients and endocrine research. It would compromise our ability to deliver on other
critical programs and services of the Society-including the preparation for our annual meeting
and development of educational products and programs such as other guidelines-and hinder our
ability to execute core functions of the Society. In addition, the CID requests would create new
burdens on not only Society member leaders but could also impact rank-and-file members who
volunteered to lend their expertise. Our members, like other physicians and researchers across the
country, are busy with patient and administrative activities. Assisting us in responding to these
broad requests would reduce their time for caring for patients and for research.
Chilling Effect
18.

The CID, as well as other retaliatory actions against the Endocrine Society based

on its views regarding the treatment of gender dysphoria, have also created an environment that
obstructs the organization's ability to freely communicate, to associate with others, and to educate
and advocate with the government. In addition to being one element in that larger pattern of
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retaliatory action, I believe the CID--which expressly focuses on the Endocrine Society's
protected expression concerning a hotly debated topic-would be independently sufficient to cause
the chilling effect that the Endocrine Society currently suffers under.
19.

As drafted, the CID requests production of internal communications with our

members and partners, internal chats, notes, drafts, social media posts, and private emails. Our
staff and members use these tools to communicate with each other and engage in robust, frank,
and healthy discussion of the Society's work product.
20.

From my discussions with Endocrine Society leadership, staff, members, and

volunteers, I am aware that our staff and members are communicating less, and less freely, because
of the CID. Already, our staff are more cautious about sending written communications. In
addition to disrupting communications between staff, the CID has already created an environment
in which departments and teams affected are pausing some new activities or reducing current
activities out of concern that if required to comply with the CID they will be unable to perform
other duties and responsibilities of their jobs.
21.

Perhaps most significantly, government threats of investigation and legal actions -

as manifest in the CID - are chilling the Endocrine Society's ability to find individuals willing to
work on issues related to the endocrine treatment of gender dysphoria, including the Endocrine
Society's guidelines for care. Several individuals who previously have worked on this topic have
informed the Society that they can no longer do so for several reasons: (1) fear for their personal
security and safety in light of increased harassment and threats of violence; (2) the risk and - in
some instances- threat of being fired from current jobs or losing future employment opportunities;
(3) the risk of being denied future research funding opportunities because of their work on this

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issue; and (4) for those who are not U.S. citizens, fear that working on this issue will put their
immigration status at risk.
22.

In addition, our media relations team is hesitant to respond to reporter inquiries;

and the Government and Public Affairs Department has paused certain activities related to work
on other issues, such as engagement in coalitions.
23.

This chilling effect will only increase if the Endocrine Society is forced to comply

with the CID. Based on what has already happened and my experience working at the Society and
in this field, I am concerned that our staff and members will avoid communicating with each other
to complete work on Endocrine Society projects and programs; that our members increasingly will
step back from volunteering to work on future clinical practice guidelines, educational sessions
and materials, and participating in Endocrine Society leadership, committees and work groups;
and that new members will fear joining. While Endocrine Society members are committed to
ensuring access to care for individuals with gender dysphoria, we are hearing that our members do
not feel comfortable using our platforms to discuss the issue.
24.

The chilling effect has also impacted our members and will continue to do so. Those

who treat people with gender dysphoria or who are transgender are working in often hostile
environments in which their clinics are subject to threats and in some cases actual violence.
Consequently, some members have requested that we remove their contact information from our
online directory. While this keeps their name out of public attention, it also has the effect of
making it harder for patients to find a physician with this and other endocrine expertise. If these
members learn that their communications with their professional society are now subject to
government investigation, I am concerned that it will cause some to walk away from the Society
just when they need it the most and when their contributions will be helpful to others.

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25.

This CID has also created a notable strain on our activities to help educate policy

makers and the courts about transgender medicine so that they have medical evidence and scientific
information to inform their decisions. As a result of this CID, whenever the Endocrine Society
prepares to submit a new amicus filing, send a letter to the government, meet with a legislator or
government official, or issue a new policy statement, we must consider whether this will result in
future adverse attention from the government, including investigations or possible enforcement
action. This is truly chilling to the Endocrine Society's ability to participate in the policy,
legislative, and regulatory process and share our views as well as clinical and scientific information
with policy makers.
I declare under penalty of perjury that the foregoing is true and correct. See 28 U.S.C.
§ 1746.

Executed on this ~ th day of February, 2026, at

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10

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EXHIBIT 3

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BEFORE THE UNITED STATES
FEDERAL TRADE COMMISSION
In the Matter of
The Civil Investigative Demand dated January
15, 2026, to The Endocrine Society

FTC Matter No.: P264800

STATEMENT OF COUNSEL PURSUANT TO 16 C.F.R. § 2.10(a)(2)
Counsel for the Endocrine Society, Cooley LLP ("Cooley"), respectfully subm its this
statement pursuant to 16 C.F.R. § 2.1 0(a)(2) in support of the Petition to Quash the Civil
Investigative Demand filed by the Endocrine Society on February I 0, 2026.
The Endocrine Society received the Commission's C ivil Investigative Demand on January
20, 2026 (the "CID"). On Tuesday, January 27, 2026, Cooley emailed Commission staff and
requested an initial meet and confer that same week or early the next. Commission staff responded
the same day, and the first meet and confer was scheduled for Friday, January 30, 2026.
On January 30, Cooley met with Commission staff via videoconfcrence to discuss the CID.
Present on the call were Heather Sawyer, Raymond ("Ray") P. Tolentino, and Dev Ranjan from
Cooley and Jonathan Cohen, Gregory Ashe, and Hans Clausen from the Commission. Annie
Chiang and Jennifer Hitchock were also present but were not visible on the videoconference; Mr.
Cohen described them as detailees to the Bureau and in the room with him.
Cooley and Commission staff discussed the CID at a high level. Commission staff asked
Cooley to confirm that a litigation hold had been put in place, which Cooley confirmed.
Commission staff also asked about the Endocrine Society's production and retention policies,
whether Al means would be used for responding to the CID, and for confirmation that Cooley
would provide privilege logs contemporaneous with any productions. Cooley responded that it
had started discussing these questions with its client, that it did not believe but did not yet know if

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Al would be used for document review, and that it would respond to the Commission with
additional information as soon as possible. Cooley asked the Commission to explain whether it
believed the Endocrine Society was within its jurisdiction and whether the Endocrine Society was
itself being investigated. Commission staff declined to answer whether the Endocrine Society was
a subject of its investigation and stated that, although Endocrine Society might be the subject of
the Commission's investigation, the Commission also issued ClDs to entities it was not
investigating. Cooley also asked what underlying conduct relating to marketing or advertising the
Commission was investigating and noted the significant legal concerns that would arise if the
Commission purported to have the power to hold entities liable for noncommercial statements of
scientific or medical opinion.

Commission staff responded with a hypothetical in which a

nonprofit dental association makes a claim that a treatment is safe or effective. Commission staff
stated that, if that claim were disseminated to the association's members, who then conveyed it to
consumers, the Commission believed it could regulate the underlying speech by the nonprofit
entity. Commission staff took the position that this could fall within the Commission's regulatory
authority but declined a request from Cooley to describe their legal theory in greater detail or
provide authority supporting their position. Cooley also stated that, on preliminary review of the
CID, several provisions seemed overbroad. Cooley identified several requests that were explicitly
not time limited as an example. Commission staff stated they would respond after the conference
with a proposal to narrow those provisions.
Commission staff proposed a rolling production schedule with the first two priority
requests, Document Requests Nos. 9 and 11 , due on February 20, 2026, and asked that Cooley
waive its right to petition to quash or contest service. Cooley said it would need time to consider
the proposal and asked if Commission staff might consider including an extension of the deadline

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for a petition to quash as part of its proposal, so as to afford Cooley and its client time to consider
the proposal and allow for further discussions with the Commission. Commission staff stated that
the deadline could not be extended without Cooley's agreement to begin production on the
Commission's terms, including completion of the two priority items by February 20. Cooley noted
that this completion date accelerated the return date of March 16 by nearly a month and that an
extension of two weeks for the petition to quash (to February 24) would alleviate the pressure of
having to decide whether to petition to quash before the parties had sufficient time to try and reach
agreement. Cooley also said that, because its proposed petition deadline still would come before
the March 16 production deadline in the CID, a grant of the extension on the petition to quash to
February 24 would not impact that production deadline or prejudice Commission staffs ability to
move the investigation forward on its timeline. Commission staff stated again that the deadline
would not be extended without Cooley's agreement to accelerate production.
On Monday, February 2, 2026, Commission staff emailed Cooley their proposal that the
parties had discussed during the January 30 conference. That proposal required the Endocrine
Society to accept service, relinquish the right to petition to quash, and continue to engage with
Commission staff in good faith. Assuming the Endocrine Society accepted these conditions, the
proposal offered the following production schedule: the Endocrine Society would respond fully to
Document Requests Nos. 9 and 11 by February 20; respond fully to five document requests and
five interrogatories of its choosing, by March 20; and respond fully to all remaining requests by
April 20. Commission staff said that the deadline for the petition to quash could be extended only
if Cooley agreed to respond fully to Document Requests Nos. 9 and 11 by an agreed date.
On Tuesday, February 3, 2026, Cooley responded by email and said that it had made
progress on Commission staffs requests and asked for another conference the next day at 4:00

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p.m. or for Commission staff to propose additional times later in the week. Cooley also said that
it continued to have serious concerns about the Commission's jurisdiction to investigate the
Endocrine Society or to request the materials or answers in the CID. Cooley stated its view that
the CID also violates the First and Fourth Amendments and its corresponding concern about the
broad scope of the Commission's requests. Cooley acknowledged the Commission's willingness
to revise some of the requests that sought infonnation "regardless of time period" but stated its
concern that the revised time frame (January 1, 20 14, to the present) still requested twelve years
of documents and remained overbroad and unduly burdensome. Cooley stated its view that, while
some of these concerns would justify the Endocrine Society's refusal to comply with the CID in

toto, it was prepared to move forward in good faith to discuss how the CID could be substantially
narrowed, and that it was prepared to discuss a timcline for producing on Commission staffs two
priority requests (Document Requests Nos. 9 and 11) and to discuss what specific documents were
being requested to ensure a meeting of the minds on those requests. To facilitate that compromise
and allow for discussions, Cooley requested a one-week extension of the deadline for a petition to
quash.
Commission staff responded on February 4, that they were not able to meet at 4:00 p.m.
that day but could meet on February 5, at 5:00 p.m. or on Friday, February 6, at 2:00 or at 4:00
p.m. Commission staff also asked that Cooley explain what the Fourth Amendment issue was.
Cooley responded, accepting the meeting for Thursday, February 5, and saying that it would be
happy to talk through its Fourth Amendment concerns during that next meeting. Exhibit 6 at 2.
On February 5, Cooley met with Commission staff via teleconference. Present at the
meeting were Heather Sawyer, Ray Tolentino, and Dev Ranjan ; Jonathan Cohen and Hans Clausen
from the Commission were present on video and Mr. Cohen represented that Annie Chiang was

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with him in the room. Cooley started the meeting by stating that, given the deadline on the petition
to quash, it wanted to review its concerns regarding the Commission's legal authority and the First
and Fourth Amendments. Cooley also asked Commission staff to confirm that, absent any
extension, the current deadline for Cooley's petition to limit or quash the CID was February 10.
Cooley then reiterated its concerns about the Commission's jurisdiction. Cooley explained that
publicly available documents confirmed that the Endocrine Society is a true charitable nonprofit
and therefore outside the Commission's enforcement jurisdiction. Cooley further conveyed its
understanding that the Commission's investigatory jurisdiction was not limitless, especially when
the CID it had issued was sweeping and burdensome and raised constitutional concerns. Cooley
detailed its constitutional concerns as based on the First Amendment rights to speech, assembly,
petition, and association.

It explained its Fourth Amendment concern as tied to the First

Amendment burdens imposed by the CID and the unreasonableness of the Commission's requests .
Cooley also said that, despite these concerns, the Endocrine Society remained willing to discuss
whether there was information it could provide but that compliance would require a narrowing of
the requests.
Commission staff asked that Cooley explain its argument concerning the First Amendment
right to petition, and Cooley did so- pointing out, as an example, that Document Request No. 7
in the CID would require it to produce documents based only on the Endocrine Society's
communications with legislatures and regulators. Commission staff offered to limit Document
Request No. 7 to publicly available information. Commission staff further said that, although the
CID requested all drafts and prior versions of any documents produced, it was willing to defer
decision on whether the Commission would require compliance with that aspect of the CID until
a later time. Cooley explained that even those limitations would not fully allay First Amendment

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concerns, but that it would discuss this with its client and that the Endocrine Society might be
willing to voluntarily comply with the production request if some agreement could be reached on
what would be produced that would reduce the burden of identifying, collecting, reviewing, and
producing it.
Cooley stated that, as a gesture of good faith , it would be willing to comply fully with one
of Commission staffs priority requests (Document Request No. 11) by providing Financial
Statements by February 20, as Commission staff had proposed.
Cooley also stated that it might be possible to reach a compromise on Commission staffs
other priority request, Document Request No. 9. Cooley said that because of the CID's definitions,
many of the terms in the request were overbroad and impossible to comply with. Cooley asked if
Commission staff would be willing to narrow the request to official statements by the Endocrine
Society disseminated to the public that contained substantive discussion of treatment for gender
dysphoria. Commission staff rejected Cooley' s narrowing proposal. Instead, Commission staff
requested that Cooley propose search terms, a timeframe for a search, and a timeline for production
by Saturday. Commission staff stated that this approach was necessary to show Cooley's good
faith in the negotiation process.
Cooley pointed out that it had already agreed to comply fully with Document Request No.
11 by the proposed deadline, and that this showed its good faith. Cooley said that it was unlikely
it would have sufficient time to discuss and define search terms with its client by Saturday. Cooley
asked that it be given until early the following week to provide proposed search terms and for an
extension of time on the petition to quash to make this possible. Cooley pointed out that, without
an extension, Cooley would be required to both draft a petition to quash the CID and
simultaneously develop and obtain the Endocrine Society's approval for binding search terms, all

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in two business days. Cooley stated that accomplishing both tasks on that timeline was likely not
possible. Commission staff rejected that proposal and stated again that they would not agree to
grant any extension on the deadline for the petition to quash until Cooley had proposed and the
Commission had reviewed and approved search terms and custodians.
Cooley stated that, given the impending deadline on the petition to quash, it would reiterate
the bases for its objections to the CID to ensure it was complying with statutory requirements and
asked Commission staff to confirm their understanding that Cooley had sufficiently raised
objections to the CID. Commission staff stated that they would not confirm that understanding
and asked why Cooley had not attempted to speak with them earlier regarding its objections.
Cooley stated that, after the first meet and confer, it had taken a few days for Commission
staff to provide a proposal, to which Cooley responded the next day and asked to meet with
Commission staff the day after that. Cooley said that if Commission staff were open to adjusting
the CID in light of Cooley's arguments, a short extension on the petition to quash would give
additional time for discussion and the possibility that the parties might reach an agreement.
Cooley reiterated that it had raised First Amendment concerns with the CID, including
viewpoint discrimination and retaliation. Cooley explained that the Administration had taken the
position that there are only two sexes (male and female), that sex assigned at birth is controlling,
and that those who expressed contrary views should be subject to investigation and potential legal
action. Cooley stated its belief that the CID was part of this retaliation against viewpoints that the
Administration disagrees with.
Commission staff stated that they considered Cooley's First Amendment retaliation
argument to be waived. Cooley disagreed that the argument was waived because it was being
raised at the conference and had been raised previously during the meet and confer process.

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Commission staff asked Cooley to explain the basis for its retaliation argument and Cooley noted
that several actions and statements by the Administration appeared to target proponents of gender
affirming care. When Commission staff asked for specific evidence of FTC statements or actions
demonstrating retaliation, Cooley further noted that the CID appeared to prejudge the Endocrine
Society 's statements on gender affirming care. Commission staff rejected that view and asked for
further evidence of FTC statements or actions. Cooley referenced a memo of now-FTC Chair
Ferguson that had been both publicly reported and relied on as evidence of retaliation in the Media
Matters case. Cooley further stated that it believed that many of the principles from that case are
applicable here. Commission staff disagreed and restated that the Endocrine Society had forfeited
its right to raise this argument.
Cooley asked on what basis Commission staff would claim the argument was waived given
that it was being raised during the meet and confer process and prior to the deadline for the petition
to quash. Commission staff stated that the CID requires all objections to the CID to be raised
within 14 days of receipt. Cooley responded that it had done so and that, if Commission staff were
open to discussing these points and wanted to consider them further, the Commission could extend
the deadline for the petition to quash for a few days to allow for that discussion . Commission staff
reiterated their belief that the argument was waived, stated they would send a follow-up written
communication, and ended the conference.
Commission staff confirmed by email that evening that they agreed that Cooley's deadline
for its petition to quash for February I 0.
On February 6, Cooley emailed Commission staff to memorialize the conversation at the
previous day 's conference. Exhibit 6 at 7-9. Cooley also reiterated its belief that the Endocrine
Society's First Amendment retaliation claim was not forfeited. Cooley asked that Commission

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staff alert it by noon whether they would agree to grant an extension of the deadline for the petition
to quash.
On the evening of the same day, Cooley received a letter from Commission staff. Exhibit
6 at 12-16. The letter said that Cooley had not raised its First Amendment retaliation claim early
enough and, as a result, that it had waived all objections to the CID because it had not complied
with 16 C.F.R. § 2.7(k). Id. The letter also said that, during the meeting the day before, Cooley
had "yell[ed]" and made "thinly-veiled, offensive (and false) accusation[s] against FTC attorneys. "
The letter also modified the CID to accommodate two of Cooley's objections. First, it modified
references to ''Organization," "You," and '·Your" by construing "members" within the definition
of those terms to only apply to "LLC members" and not members of the Endocrine Society.
Second, the letter stated that Document Request No. 7 would be satisfied if Cooley (1) provided
Commission staff with a list of publicly available material that the Endocrine Society had provided
to legislatures or regulators that was sufficient to enable Commission staff to retrieve the material
themselves, and (2) additionally produced all non-publicly avai lable materials provided to
legislatures or regulators to Commission staff.
Cooley responded by letter on Monday, February 9. Exhibit 6 at 17-18. Cooley stated its
disagreement with Commission staff's positions and reiterated that, despite Coo ley's position that
the FTC was not entitled to compel production of the information requested in the CID, it remained
willing to engage in further discussions with Commission staff in an attempt to reach some
agreements on voluntary production.

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Dated: February 10, 2026

1299 Pennsylvania Aven ue NW
Suite 700
Washington, DC 20004-2400
Telephone:
+ 1 202 842 7800
Facsimile:
+ l 202 842 7899
Counsel for Petitioner the Endocrine Society

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EXHIBIT 4

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3Jn IDe.atimnuy lll!l~ereof, . fluweluw.ewnh4e~-m71lwmd
am,dofl:cidt1eafat!i)o11te,?!/hia

o/-

October

oeventh •

i,n{/wile((/)(uj'oW)l !/l;?'d

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one uwuawna
nvne
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rond.

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fifty- oeven.

,I'

1.nu.) v| OFFICE
~u•, .I. '.,1.ll.,!
FEDERAL TRADE COMMISSION
OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 63 of 104 * PUBLIC *

PUBLIC

CERTIFICATE OF INCORPORATION

OF
THE ASSOCIATION FOR THE STUDY
01'"" INTERNAL SECRETIONS
!I
• I

FIRST .

The name of this corporation is "THE ASSOCIATIONi

FOR THE STUDY O:F' INTERNAL SECRETIONS . 11

SECOND.

Its principal office in the State of Delaware

i s to be located at 901 Market Stree t , in the city of Wilmington,
County of New Castle, and the name and address of its resident
agent is CORPORATION COMP.ANY OF DELJ\.~·/ARE , 901 Market Street,
Wilmington, Delaware .
THIRD. The nature of the business and the objects and
purposes proposed to be transacted, promoted and carried on,
are to do any or all of the things herein mentioned , as fuJ.ly
and to the same extent as natural persons might or couJ.d do ,
\:

viz:

The promotion of scientific research and study, the

,,

1

----

diffusion of information therefrom obtained by lecture, publication or otherwise; the printing, publishing and distribution of

I,

books , periodicals , or similar articles on scientific subjects,

/j

with power to sell or to donate s:ch publications ; to own, buy

I

and sell scientific apparatus and equipment, to own and maintain

,,

laboratories and libraries.

,;

•

To purchase , take, own, hold , deal in, ,mortgage or

otherwise lien and to lease, sell, exchange, transfer or in any
manner whatever dispose of real property, wherever situated .
To manufacture, purchase or otherwise acquire and to

'I

I

hold, own, mortgage , pledge , sell, transfer or in any manner dis- j
pose of, and to deal and trade in goods, wares, merchandise and
personal property of any and every class and description and
wherever situated.
-1-

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 64 of 104 * PUBLIC *

PUBLIC

To purchase or other wise acquire , hold , ~se , s ell or in
any manner dispose of and to grant licenses or other rights
therein and in any CJanner deal with inventions , impr ovement s ,
processes , trade-mar ks , rights , and licenses secured under letters patent, copyrights or otherwise .
To enter into , make and ~erform contracts of every
kind for any lawful purpose, without li □it as to amount , with
, any person, firm , association or corporation, town , ci t y, county,
,, state, ter ritor y or government.
ll
I

,:,,

To draw, make, accept , endorse , discount , execute and

I

'
bills of exchange , warrant s ,
'I issue promissory notes, drafts,
•1

;:

debentures and other negotiable or transferable i nstr uments .
To issue bonds, debentures or obligations and to secure

' the same by mortgage, pledge, deed of trust or otherwi se .
To have one or more offices out of t he State of Delaware
and to carry on business and to promote its objects without restrictions as to place or amount.
.I

To do any or all of the things herein set for th to the
same extent as natural persons might or could do and in any part

,
1

of the world, as principals , agents , contract ors , trustees or

,i

otherwise, alone or in company with others .
FOURTH.

The corporation shall have no capital stoc~ and

the conditions of membership shall be as follows ; Graduates in medicine whose training and interests make
them able to promoto the knowledge of internal secretions , and
laboratory workers, whose qualifications have been approved by
the council of the association, shall be eli gibl e to membership
and rnay become members by being elected by the council.
FIFTH .

The name and place of residence of each of the

incorporators is ns follows:-

----

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 65 of 104 * PUBLIC *

PUBLIC

I.
NAME

RESICEl~CE

C.- E. deM. Sajous

Philadelphia, Penna.

L. F. Barker

Baltimore, Mi.

..

Emil Goetsch

Baltimore, Md.
i

SIXTH.

This corporation is to have perpetual existence. 1I

SEVENTH.

The private property of the members shall not !

be subj ect to the payment of corporate debts to any extent whatever.
EIGHTH.

In furtherance and not in l imitation of the

powers conferred by the laws of the State of Delaware , . the board
of directors, which shall be o.t herwise known as the council., is
expressly authorized : To make and alter the b:r-laws;
To fix the amount to be reserved as working capital and
1•

to authorize and cause to be executed mortgages and liens upon
the property and franchises of this corporation;
From time to time to determine whether and to ¼hat extent _____
and at what times and places and under what conditions and regulations the books and accounts of this corporation, or any of
them shall be open to the inspection of the members; and no menber shall have any right to inspect any account or book or document of the corporation, except as conferred by law or authorized
by resolution of the council or of the members .

If the by-laws so pr6vide, the lilembers and the council
shall have power to hold their meetings and to keep the books of
this corporation (subject to the provisions of the statute) outside of the State of

Delaware at such places as may from time

to time be designated by them.
This corporation may in its by-laws confer powers addi- ,
I

tional to the foregoing upon the council , in addition to the pow- 1
ers and authorities expressly conferred upon them by law.

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 66 of 104 * PUBLIC *

PUBLIC

The directors or members of the council and all elected
or appointed officers or officials, shall be subject to recall
or displacement from office at any ti~e, by a majority vote of
the members of the assbciation , which right of recall shall be
exercised only at a special recall meeting , called by the president or secretary at the place of the last annual meeting, upon
written request signed by twenty per cent. of the membership,
fixing the time for such meeting , provided that two weeks' notice
' of such meeting shall have been given to each member of the association in the manner prescribed by the by-laws of the association for calling of special meetings .

In case of vacancy in any

office through the exercise of the recall of such meeting, a
' majority vote of such meeting shall fill such vacancy.
The objects specified herein shall, except where otherwise expre ssed, be in no way limited nor restricted by reference
to or inference from the terms of any other clause or paragraph
of this certificate of incorporation.

The objects, purposes and

po~ers specified in each of the clauses or paragraphs ~n this
; certificate of incorporation shall be regarded as independent
I

,I

objects, purposes and powers.
7he foregoing shall be construed both as objects and
powers and the enumeration thereof shall not be held to limit or
restrict in any manner the general po·,:ers conferred on this corporation by the la•,:s of the State of Delaware .
This corporation reserves the right to acend , alter ,
change or repeal any provision contained in this certificate of
incorporation, in the manner now or hereafter prescribed by law,
and all rights conferred on officers, council and members herein
are granted subject to this reservation ..

-4--

-----

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 67 of 104 * PUBLIC *

PUBLIC

WE, THE UNDERSIGNED, being all of the incorporators,
for the purpose of forming a corporation, i~ pursuance of an
Act of the Legislature.. of the State of Delaware, entitled 11AM
1\.CT PROVIOING A GENERAL CORPORATION LAW, 11 (approved March 10,

·,
I

1899) and the acts amendatory thereof and supplemental thereto,

I
'
I

i:

do make and file this certificate of incorporation and do certify:!
that the facts herein stated are true and accordingly hereunto
have set our respective hands and seals this 30th day of January,

A.D. 1918.
In the presence of
D. w. Coster. Jr.
R. G. Ehrman

c. E. deM. ~51,jQU~

(SEAL)

Lewell:X: F. Barke:i,:

(SEAL)

Emil Goetsch

(SEAL)

-----

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 68 of 104 * PUBLIC *

PUBLIC

STATE OF' PENNSYLVANIA
COU?HY OF . PHILADELPHIA

)
:SS.
)

BE IT REMEMBERED that on this thirtieth day of January, ;
A.O. 1918, personally.appeared before me, the subscriber, a Notary
,,,

Public for the State of Pennsylvania, c. E. deM. Sajous, a party

:!

to the foregoing certificate of incorporation, known to me per-

..

sonally to be such and I having first made known to him the contents of said certificate, he did acknowledge that he signed,
i·I

sealed and delivered the same as his voluntary act and deed and
the facts therein stated were truly set forth.

GIVEN under my hand and seal of office the day and year
afore said.

Caroline F. Simon
NOTARY PUBLIC
Commission Expires Feb. 21·, 1919

ii
II

11
11
.I

CAROLI11E F. SIMON
NOTARY PUBLIC

PHILADELPHIA, PA.

:1
'

I
I
i
I

.,
'I

-6-

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 69 of 104 * PUBLIC *

PUBLIC

l
I

I

·,i

1

STATE OF MARYLAND

)

comrrY OF BALTIHORE

)

ss.

BE IT REMEMBERED that on this 24th day of January, A.D.

1918, personally appeared before me, the subscriber, a J.Totary
Public for the State of Maryland, Emil Goetsch, a party to the

· !

I

foregoing certificate of incorporation, known to me personally to :

:i be such, and I having first made known to him the contents of
.,
II

1:

said certificate, he did acknowledge that he signed, seal ed and

":II' delivered the same as his voluntary act and de~d and that the
,:

!i,.

i:,;
·I

facts therein .stated were truly set forth.
GIVEN under my hand and seal of office the day and year

!!,; aforesaid.

Raymond G. Ehrman
Notary Public

•!
;1

i;I,

!!

RAYMOND G. EHRHAN

NOTARY PUBLIC

BALTIMORE CO. MD .

-----Ii

;1

ll

!I
I'

II

:!

-7-

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 70 of 104 * PUBLIC *

PUBLIC

STATE Oi.i' 11.4.RYLAND

COUNTY OF BALTIMORE

)

: ss.
)

BE IT RE:•iEiiffiE;RED that on this 25th day of J anuary, A.D. !

1918, personally appeared before me, the subscriber, a Notary

I

-!

Public for the State of l•iaryland , L . F . Barker , a party t o the
foregoing certifi cate of incorporation, lmown to me personally
to be such, and I having first made known to him the contents
of said certificate, he did acknowledge that he signed, sealed
and delivered the same as his voluntary act and deed and that
the facts therein stated were truly set forth .
GIVEN under my hand and seal office the day and year
aforesaid.
RaYmond G. Ehrman
Notary Public
RAYMOt-."D G. EHRMAU

NOTARY PUBLIC
BALTII'1CRE CO. HD.

-----

-8-

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 71 of 104 * PUBLIC *

PUBLIC

EXHIBIT 5

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 72 of 104 * PUBLIC *

PUBLIC

THE ENDOCRINE SOCIETY

CERTIFICATE OF INCORPORATION

CERTIFICATE OF INCORPORATION OF THE ENDOCRINE SOCIETY

FIRST:

The name of \his corporation is THE ENDOCRINE SOCIETY.

SECOND:

The principal office of the corporation and its place of business in lhe State of Delaware shall be 4305 Lancaster Pike,
County of New Castle, Wilmington, Delaware.

THIRD:

The corporation shall be organized and operated exclusively for educational and scientific purposes within the meaning of
Section 501 (c)(3) ol the Internal Revenue Code ol 1954, as amended. Solely in ·l urtherance thereof, i1 shan promote
research and study in the science of endocrinology. the dittusion ol information lherehom obtained by lecture. publication or
otherwise; and i\ shall print. publish or distribute books, periodicals or similar articles on scienlirlC subjects relating lo
endocrinology. 1t shall be authorized to own, buy and sell scientific apparatus and equipment and oWn and maintain
laboratories and libra1ies in furtherance of the educational and scientific purposes staled in this Article TI-llRD. The
C()rporation shall not exercise any powers or conduct any activities which are not pennissible under the laws of the State of
Delaware or allowed an educational or scientific organization described in Section 501 (c)(S} of the lntemal Revenue Code.

FOURTH:

The corporation shall have no capital stock. It shall be a membership corporation, the conditions of which shall be stated in
lhe bylaws or shall be as otherwise determined by the Council.

FIFTH:

The name and place of resldence of each ol the incorporators is as follows:
NAME
RESIDENCE
C.E. deM. Sajous
LF. Barker
Emil Goetsch

Phi'ladelphia, Penna.
Baltimore, Md.
Baltimore, Md.

SIXTH:

The corporation shall have perpetual existence. In the event of the terrninatlon of lhe corporatioh, all as.sets remalning after
payment of, or provision of. its debts shall be distributed for exclusively educational and scientific purposes wilhin the
meaning of Section sot (c)(3) of the Internal Revenue Code.

;E.VENTH:

nie personal assets and !he ptivate property of the officers, employees, Council. and members shall not be subject lo the
payment of any corporate debts or liabillties, to any extent whatsoever; nor shall any officer, employee or member of the
COuncil or the corporation be personally liable for any ad Of failure to act taken in lhe name of, or on behalf of, the
corporation, except fer willful neglect or gross negligence.

EIGKTH:

(a) In furtherance and not in limitation of the powers conferred by the Stale ol Delaware, the Council, which is the governing
body of the corporation for purposes of all such references contained in the Delaware Gerieral Corporation Law, is expressty
authorized: to make, repeal, alter o..- amend the bylaws; to fix the amount of fund s, or assets, to be reseived as working
capital of !he corporation and authorize and cause to be executed mortgages, liens and other lines of credit upon the
property or property rights of the corporation; from lime to time, to determine whether and lo what extent, and at what limes
and places, and under what conditions and regulations, the books, records and accounts of !he corporation, or any oflhem
shall be open to the inspection of the membership; and no member shall have any light to inspect any account or book or
document of the corporation, except as conferred by the laws of the State of Delaware. or as authorized by resolution of the
Council, or as authorized by resolution of the members. Members and Council shall have the power to hold lheir meetings,
and keep their books, to the extent provided by law. outside lhe State of Delaware. at such places as may from time to time
be determined by the Council. The bylaws are authorized to confer additional powers on the Council beyond those
expressed herein including powers which set forth the time, place, procedure and appeal rights for the removal of any
individuals from membership, or from any corporate office or committee, or from membership on lhe Council, provided.
however, that the vote for removal may not be fess than the vole of lhe members required lo elect lhe individual to the
position or status j.eopardized including membership, corporate office , Council or committee as context requires. If a
procedure is established tor such removal, the bylaws shall provide the means to fill such vacancy caused by suet, removal.
(b) The Council reserves the right to amend, alter. change or repeal any provision contaifled herein or in the Certificate of
Incorporation, as amended, or in any amendments thereto, in the manner now or here-after prescribed by the laws·of th
State of Delaware and all rights conferred upon officers, Council and members by the bylaws shall be exercised in
recognition of this reservation .
•

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 73 of 104 •PUBLIC •

~

l

.

PUBLIC

F'AG£

"\att ol ~ t ll!llttr ~

I.

Ml:CH A I==~

1-IARKJ:NS,

1

SE:CRETARY OF' STATE: 0 1"' THE ST AT F. OF

OEl-AWARE 1,0 HERE.BY CEF~T !FY THE ATTACHED J'.S A Tf~U1=: AND CORRECT

Fl.LED
9

IN . THIS Of'FlC~ ON 'fME T H:CRTEENl"H DAY OF JULY ,

0 ' CLOCI(

1987,

A. H .

HENTlCATlON:

871940027

A - D-

DATE:

l 13697 94

08/20/1987

Al

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSC~R NO.~ 14881 -PAGE Page 74 o~t)l3t,~~IC •

FILED
Wl-1s 1987

CERTIFICATE OF ~ENDMENT

#F~l.~\

r~:~::!:'

OF
THE ENOOCRINe SOCIETY

The Enaoccine society,

a corporation organized and

existing under the laws of the State of oetaware ,

hereby

cectifies as fo l lows;

(l>

Thac the members of tne governing body of said

corporation, at a

meeting du1y convened and heid on

the Ninth day

of January, l987, at 8:30 o'clock A,M., duly proposed amendments
to i ts Certificate . of Yncor~oration and at said meeting du1y

passed a
declaring

resolutioo setting forth the amendments proposed,
th~ir advisabi1lty and cal1ing a

governing body of said corporation Ear
said meeting being called on a

and not later

meeting of

the

the consideration thereof,

date not earlier

t~an t i f t e en days

than sixty days from ~he meeting ac which the

afocementioned resolution had been passed.
(2)

That thereafter on the Seventh day of Marc h,

l987,

at 8:30 o 1 clack A.P'l., pursuant to such cal.J. and co due and
wricten notice thereof given to each of t h e members of
governing body more than 56 days prior to such date,

the

all as

requireo by the bylaws of ~he coLporacion ,

a special meecing o~

che members ot the governing body was held

and there were present

es t:. s uch meeting ac l.east:

ct

majoi:1.1:y o,: crie members ot! cl)e who:ie

number of said governing body of
Ot

to

wit;

l. 3.

(3)
oE

the corporation,

the

Tha t

at sai~ special meetin g a vote of the members

governing body was

taken for

the Certificate of Incorporation,
Eoll.ows-;

Se.e attached ~endmen t. .

and ag ainst

the amendment to

sa i d Arr1endment being as

...
J

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 75 of 104 •PUBLIC•

PUBLIC

(4>

Th~t at

sa~d specia1 meeting of

the memb e rs of

t he

governing body 13 out of the 13 members t h ereof voted in favor of
saiQ

amendment.

IN WITNESS WHEREOF, cne said The enaocrine Societ¥ ha s

made, undet its corporate seal and ~he hand of Roger Guillemin,
M.o., Ph.D,,

its Presiqent and Attested by its Secretary ,

foregoing certificate,

the

and the said President and Secretary have

hereunco severatiy sec tne1c nan~s and cause the corporace seal
o:f the corporation to oe her eunto affixed and memorial.ized on
chis Sevenc ~

day o~ Mar ch,

A.O.

By

198 7 .

Rog1er Gui l.1 em in, M. D. ,
f't:esident

(Corpocat:e Seal.]

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 76 of 104 • PUBLIC •

_

PUBLIC

CERT1FICAT£ OF AM~NDMEN~
TO THE
CERT~~ICATE OF lNCORPORATlO~
OF
THE ENDOCRIN E S OCIETY

The Endocrine Society ,

c he purpose o f

amen~ing i~s

of the Delaware General co,pocation Law,

242(b) (3),
and

for

in accor4qnce wi~h such othec statutes and

provided ,

as amended ,

rules as may be

does hereby certify:

FIRST;

The Endocrine Society is a

corporacion creat e d

and

existing under che laws of the State of Delaware_
The principai office - ana piace oE business of said

cocpocation in the State of DeLaware is 4305 Lancaster Pi ~~ ,
C ount~ of New Casc1e ,

wiimingto n,

the agent in cnarge thereof

Delawacd 19805 and

the

n ame c f

i s the Cocpo r acion Company o f

Del.aware_

THIRD:

The governing boay of the corpora ci on,

Counc11 , ac a meeting duiy called and held

Known as che

on the Ninth day of

January, 1987, aid f1naL iy cesoive and aec1ace:
(a }

That wi~hin pacagraph EIG BTH(a) ,

the foll o~in9

words are scclc~en in cheir en~1recy 1
"to malte,

repeal,

alt:ec or amend t: he bylaws; "

FEDERAL TRADE COMMISSION | OFFICE OF THE SECRETARY | FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 77 of 104 * PUBLIC *

PUBLIC

( b)

words are inserted between the words"•* *

expressly

auchoc-ized:" a nd "co fix the amount** •" :
"to ma Ke,
cepeal,
al cer or amend the
bylaws purs~ant co a n d in accorda nce with
provisions of the bylaws for suc h Council
amendments;'"
FOURTH:

The Council ot cbe Endocrine Soc~ety mec on t h e

Seventh day of March,
than majority vote,

1987 anQ adopted a

cesolucion

by

a gL eat er

setting forth the amendment contained herei n.

and said resolution declared che advisability of their
adoption.

Said resolution dir ected

the ~resident and Seccetacy-

Treas~rer of t~e corporation co execute,

acknow1edge,

fi le and

record said amendmen ts in accocdance with tne laws of D~l a wace .

SIXTH:

Pursuant to Section 2 42 (b ) (3)

corpocation Law,

of the Del.aw,u: e

this a~endmenc is adopted without the a~pcova~

of the members of the corpo~ation p~rsuan c to the a~thocity
contained in the Cet t i f icate of Incorpor a tion.

as amended, and

che amendments contai n ed hecein snali bec ome ef fective on t he
dace approved by the State of Deiaware,

i n accordan ce with

section 103 of the Delaware co,poracion Law .

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 78 of 104 • PUBLIC •

PUBLIC

State
of
DELAWARE
~

Office of SECRETARY OF STATE
I , Michael ttarkins, Secretary of State of the State of Delaware,
do hereby certify that the attached is a true and correct copy o!
Certificate ot _ _ _ _ __Am
_ en
_ a_m_f'_n_i: _

_

filed in this office on _ __A_u.;...
gu_ s_r_ l _s_. _1_9_B_6_ _ __ __ _

DATE· _

Form 130

o=.c:::.:i::.:o:.:
p:.=e..::.
r_:_H:.:,~ l:.:..9_8__:_
8_

_

_

_

_

_

_

FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881 -PAGE Page 79 of 104 • P~~iLIC

CtkTl rlCATC

OY

FILED

ANf~tlH t~r

o;

l~c~rpos•tl~b

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FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 61 4881 -PAGE Page 80 of 104 •PUBLIC•

PUBLIC

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FEDERAL TRADE COMMISSION I OFFICE OF THE SECRETARY I FILED 02/10/2026 OSCAR NO. 614881

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Aftc%3A0311f027c35d972b. Public record. Not legal advice.
