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Ashley Madison parent in $11.2 million settlement over data breach
CNBC online ^ | 7/17/2017 | CNBC

Posted on 07/17/2017 6:32:02 AM PDT by ncfool

•Ruby Corp., formerly known as Avid Life Media, denied wrongdoing in agreeing to the preliminary class-action settlement. •the breach cost privately held Ruby more than a quarter of its revenue, and prompted the Toronto-based company to spend millions of dollars to improve security and user privacy.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Extended News
KEYWORDS: ashleymadison; cheating; databreach; ecommerce; lawsuit
Now who in their right mind will step up and claim their $3,500.00 payment from Ashley Madison.

This is a great settlement for the attorneys and the company.

1 posted on 07/17/2017 6:32:03 AM PDT by ncfool
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To: ncfool

It’s amazing to me how much revenue this ‘company’ must pull in. It’s a sad commentary on society.


2 posted on 07/17/2017 6:36:54 AM PDT by neverevergiveup
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To: ncfool
Ruby Corp. (formerly Avid Life Media) is an Internet media company based in Toronto.

Noel Biderman was CEO from 2007 to 2015. His tenure ended in the wake of the Ashley Madison data breach.

Current and former subsidiaries include:

Source: Wikipedia.

3 posted on 07/17/2017 6:43:04 AM PDT by Steely Tom (Liberals think in propaganda)
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To: ncfool

I wish there as also some way to punish them for their deceptive “MyMArriageMatters” website, which was created because TV stations refused to run ads for their site.

I think Hannity used to do ads for this site and another sleazy one- where people would pay to date someone - i cannot even remember the name of it. That is one company he should have refuse to take ads from. (I think it was something like “WhatsMyPrice.com” or something)

The “MyMArriageMAtters” was only a way to get people to go check out “AshelyMadison” because they mentioned them by name.


4 posted on 07/17/2017 6:58:25 AM PDT by Mr. K (***THERE IS NO CONSEQUENCE OF REPEALING OBAMACARE THAT IS WORSE THAN OBAMACARE ITSELF***)
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To: ncfool

It has been determined that over 99.7% of the “female clients” are fake. Most female profiles that have been created have never had their messages checked.


5 posted on 07/17/2017 7:09:45 AM PDT by Blood of Tyrants (Conservatives love America for what it is. Liberals hate America for the same reason.)
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To: ncfool

Well, good thing I wasn’t a customer...


6 posted on 07/17/2017 7:23:50 AM PDT by OrangeHoof (Get used to it - President Donald J. Trump)
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To: ncfool

The people who were actually single will claim the money.
Also couples where both partners were adulterous.
Prostitutes who were using the system to find Johns will take the money.
And of course, adulterers who were outed have nothing at all to lose by taking the money now. It can be a peace offering.


7 posted on 07/17/2017 8:22:50 AM PDT by MrEdd (long hours.)
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To: OrangeHoof
Well, good thing I wasn’t a customer...

Yeah, lucky thing. It's sad. Jeez, who can you trust these days? (to safeguard your very personal info)

8 posted on 07/17/2017 3:35:14 PM PDT by Pearls Before Swine
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