Arbitrator rules uin Experian's favor
Article Abstract:
Database America of Omaha, NE, must pay over $4.47 million in damages to Experian Information Systems of Orange, CA, as ruled by the American Arbitration Association. The ruling ended the dispute between the two companies over a license agreement that occurred prior to infoUSA's acquisition of DBA. DBA had claimed that Experian breached the agreement by providing the data to third parties, among other reasons. Experian, however, contended that DBA had terminated the deal without cause. Experian CEO Van Skilling said his firm is pleased with results of the arbitration, citing that the favorable decision helped steer away from lengthy and pointless litigation.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 1998
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FTC settles charges with telemarketer
Article Abstract:
American Consumer Membership Services Inc (ACMS) and its principal, Darryl Smith, in late Jan 2001 settled Federal Trade Commission's (FTC) charges by paying over $40,000 in consumer redress. The FTC had claimed that ACMS and Smith deceptively telemarketed offers of preapproved, guaranteed Visa or MasterCard credit cards for a $69 fee to consumers with credit problems. Smith, also agreed to refrain from telemarketing and from advertising, promoting, marketing or selling services relating to credit cards, loans or other extensions of credit.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2001
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ChoicePoint settles suit over driver records
Article Abstract:
Alpharetta, GA-based ChoicePoint Inc has agreed to settle a lawsuit with the Pennsylvania Dept of Transportation which will enable the company to regain access to Pennsylvania drivers' records. The settlement involves the payment of a $1.35 million penalty and compliance with new, more stringent contract requirements. ChoicePoint and the insurance companies that it assists will be required to have contracts with the department and the insurance companies will share liability with ChoicePoint for maintaining the privacy of drivers' records.
Publication Name: DM News
Subject: Construction and materials industries
ISSN: 0194-3588
Year: 2001
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