BUZZ — Corpay to pay $100 million to settle FTC probe over marketing practices; shares fall

* Shares of business payments platform Corpay fall 1.4% to $398.70 * Co to pay $100 million to settle an FTC investigation into marketing and disclosure issues in its US Vehicle Payments business * CEO Ron Clarke not subject to any financial payment as part of the settlement * Proposed settlement to resolve the FTC matter without any admission of wrongdoing * Settlement remains subject to final FTC approval * 15 of 18 brokerages rate the stock "buy" or above, 3 "hold"; median PT at $455 — data compiled * Including session moves, stock has risen 32.73% YTD (Reporting by Miraanta Lowrance in Bengaluru) ((miraanta.lowrance@thomsonreuters.com)