Ashley Madison parent paid $1.7 mln to settle FTC investigation

Infidelity website Ashley Madison parent Ruby said Wednesday that it has paid $1.66 million to settle with the U.S. Federal Trade Commission the state attorneys generals regarding investigations into business practices. As part of the settlement, in which Ruby “neither admits nor denies the allegations,” the amount was paid to the various states participating in the settlement. “Today’s settlement closes an important chapter on the company’s past and reinforces our commitment to operating with integrity and to building a new future for our members, our team and our company,” said Ruby Chief Executive Rob Segal.

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