Corpay agrees to pay USD 100 million to settle FTC probe into U.S. vehicle payments marketing practices
Bitget2026/09/18 15:01- Corpay reached a proposed settlement with the FTC over marketing and disclosure practices in its U.S. Vehicle Payments business.
- Terms include a USD 100 million payment to the FTC, with no admission of wrongdoing.
- A June 8, 2023 federal court order in the matter remains in effect.
- Final FTC approval remains pending following a public comment period.
- Corpay expects no material impact on ongoing operations or financial results.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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