settlement

PP Blog Tag archives on references to "settlement."

FTC Charges Founder, CEO Of LifeLock In Deceptive Claims And Privacy Case; Company Agrees To $12 Million Settlement With Agency, 35 State Attorneys General

FTC Charges Founder, CEO Of LifeLock In Deceptive Claims And Privacy Case; Company Agrees To $12 Million Settlement With Agency, 35 State Attorneys General

LifeLock Inc. and its principals have been barred from making deceptive claims and required to take more stringent measures to safeguard the personal information collected from customers, the FTC said. The FTC charged LifeLock and its co-founders — CEO Richard Todd Davis and former COO Robert J. Maynard Jr. — in the civil case. The […]

BREAKING NEWS: Money-Services Business To Pay $18 Million To Settle FTC Claim It Facilitated International Fraud

BREAKING NEWS: Money-Services Business To Pay $18 Million To Settle FTC Claim It Facilitated International Fraud

So, you want to offer a money-services business to U.S. customers and not take international fraud seriously? Be prepared to pony up $18 million to settle fraud claims when they start rolling in. In a stunning announcement today, the Federal Trade Commission said “at least 79 percent of all MoneyGram transfers of $1,000 or more […]