Corpay to pay $100M to settle FTC hidden-fee allegations
Corpay will pay $100 million to the Federal Trade Commission to resolve allegations that it charged customers undisclosed fees in its U.S. Vehicle Payments business. The allegations stem from an FTC lawsuit filed in 2019.
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03:47:43 PM UTC
SquawkNews
WASHINGTON (dpa-AFX) - Friday, Corpay, Inc. (CPAY) announced that it will pay $100 million as a part of proposed settlement with the Federal Trade Commission to resolve previously disclosed allegations relating to marketing and disclosure practices in its U.S. Vehicle Payments business.The company…
03:48:58 PM UTC
SquawkNews
Corpay to Pay $100 Million to Settle FTC Allegations of Hidden Fees
S. Vehicle Payments business. The FTC allegations date back to a lawsuit filed in 2019 alleging that the foreign-exc…