ChoicePoint to Pay $15 millon in Privacy Settlement

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00014141-choicepoint-to-pay-15-millon-in-privacy-s/

ChoicePoint Inc. has agreed to pay $15 million to settle charges that it failed to adequately protect consumers’ personal financial information, the U.S. Federal Trade Commission said on Thursday.

The company has agreed to pay a $10 million civil penalty, provide $5 million to compensate consumers, and take steps to better safeguard personal information so it is used only for legitimate purposes, the agency said.

For this complete story, please visit ChoicePoint to Pay $15 millon in Privacy Settlement.