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Billing Services Makes First Payment Under US FTC Settlement
LONDON (Alliance News) - Billing Services Group Ltd on Friday said it has made its first payment under the settlement reached with the US Federal Trade Commission in May.
In May, the company reached a settlement to pay a total of USD5.2 million for customer redress in ten equal quarterly instalments, among other commitments. The settlement related to a business Billing Services has not been involved with since 2012, the company said at the time.
On Friday, Billing Services said it has made the first USD520,000 payment.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Latest BILL News
- UK Shareholder Meetings Calendar - Next 7 Days
23 Apr 2020 - Billing Services Proposes Cancellation Of Shares Following Unit Sale
30 Mar 2020 - Billing Services Investors To Get Payout As USD5 Million Sale Sealed
28 Feb 2020 - Billing Services To Sell Subsidiary BSG Wireless For USD5 Million
31 Jan 2020 - Billing Services Swings To Profit On Improved Margins, Lower Costs
20 Sep 2019 - Billing Services Group revenue falls as board seeks sale of business
20 Sep 2019 - WINNERS & LOSERS SUMMARY: Saga Plunges On Profit Warning
4 Apr 2019 - Billing Services Group Shares Rise On USD1.3 Million Special Dividend
4 Apr 2019
Related News
UK Shareholder Meetings Calendar - Next 7 Days
UK Shareholder Meetings Calendar - Next 7 Days
Billing Services Proposes Cancellation Of Shares Following Unit Sale
Billing Services Proposes Cancellation Of Shares Following Unit Sale
Billing Services Investors To Get Payout As USD5 Million Sale Sealed
Billing Services Investors To Get Payout As USD5 Million Sale Sealed
BILL.L News
UK Shareholder Meetings Calendar - Next 7 Days
UK Shareholder Meetings Calendar - Next 7 Days
Billing Services Proposes Cancellation Of Shares Following Unit Sale
Billing Services Proposes Cancellation Of Shares Following Unit Sale
Billing Services Investors To Get Payout As USD5 Million Sale Sealed
Billing Services Investors To Get Payout As USD5 Million Sale Sealed
Billing Services To Sell Subsidiary BSG Wireless For USD5 Million
Billing Services To Sell Subsidiary BSG Wireless For USD5 Million
Billing Services Swings To Profit On Improved Margins, Lower Costs
(Alliance News) - Billing Services Group Ltd on Friday said it swung to a small pretax profit for the first half of 2019 on improved gross margins and...
Billing Services Group revenue falls as board seeks sale of business
(Sharecast News) - Telecommunications clearing and financial settlement provider Billing Services Group reported a $1.4m (£1.12m) year-on-year de...
WINNERS & LOSERS SUMMARY: Saga Plunges On Profit Warning
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.---------FTSE 100 - LOSERS...
Billing Services Group Shares Rise On USD1.3 Million Special Dividend
LONDON (Alliance News) - Billing Services Group Ltd on Thursday said it will pay a special dividend of USD1.3 million, or 0.0078 US cents per share.Sh...
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