[telecom] ValueClick to Pay $2.9 Million to Settle FTC Charges   (fwd)

[telecom] ValueClick to Pay $2.9 Million to Settle FTC Charges (fwd)

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[telecom] ValueClick to Pay $2.9 Million to Settle FTC Charges (fwd) danny burstein 03-17-2008
Posted by danny burstein on March 17, 2008, 4:08 pm
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" Online advertiser ValueClick, Inc., will pay a record $2.9 million to settle
Federal Trade Commission charges that its advertising claims and e-mails were
deceptive and violated federal law. The agency also charged that ValueClick and
its subsidiaries, Hi-Speed Media and E-Babylon failed to secure consumers'
sensitive financial information, despite their claims to do so. The settlement,
filed by the Department of Justice on behalf of the FTC, requires ValueClick to
clearly and conspicuously disclose the costs and obligations consumers must
incur to receive the products it touts as "free" and bars future violations of
the CAN-SPAM Act. The settlement also bars deceptive claims about the security
of the consumer information collected at its e-commerce Web sites.

" According to the FTC, ValueClick subsidiary Hi-Speed Media used deceptive
e-mails, banner ads, and pop-ups to drive consumers to its Web sites. The
e-mails and online ads claimed that consumers were eligible for "free" gifts,
including laptops, iPods, and high-value gift cards, and included come-ons such
as "Free PS3 for survey," and "CONGRATULATIONS! Select your FREE Plasma
TV."...."

rest:
http://www.ftc.gov/opa/2008/03/vc.shtm

_____________________________________________________
Knowledge may be power, but communications is the key
                 dannyb@panix.com
[to foil spammers, my address has been double rot-13 encoded]


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other useful resources:
The Federal Communications Commission (FCC)
Telecommunications Industry Association
Electronic and Software Security Products and Services
International Telecommunication Union

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