Ascentive Pays $9.6M To End Sham Software Class Action

Law360, New York (March 13, 2012, 5:26 PM EDT) -- Computer security firm Ascentive LLC agreed Monday to pay $9.6 million to settle a class action accusing the Pennsylvania company of falsely telling consumers they had serious computer viruses and scaring them into buying Ascentive software.

According to a motion to approve the settlement, as many as 850,000 customers could receive $10 or $18 — depending on their purchases — and slightly more than $1 million in attorneys' fees could be awarded if the settlement wins approval from U.S. District Judge Petrese B. Tucker.

Jay Edelson...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

LEDET v. ASCENTIVE LLC


Case Number

2:11-cv-00294

Court

Pennsylvania Eastern

Nature of Suit

Contract: Other

Judge

PETRESE B. TUCKER

Date Filed

January 17, 2011

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.