LexisNexis Enters Into $5.8 Million Multistate Settlement, N.Y. AG Says -- Update
July 02 2019 - 5:49PM
Dow Jones News
By Michael Tobin
LexisNexis Risk Solutions has agreed to pay $5.8 million as part
of a multistate settlement after state attorneys general
investigated whether the legal research company failed to pay fees
for crash reports.
LexisNexis, which is part of Relx PLC, defrauded state law
enforcement agencies of more than $2.8 million, New York Attorney
General Letitia James said Tuesday.
The multistate settlement included Illinois, Massachusetts, New
Jersey and Tennessee, in addition to the city of Baltimore.
An investigation found when individuals and insurers bought
copies of automobile accident reports, LexisNexis only paid law
enforcement agencies for the first sale of the report, despite
contracts saying that each sale of a report requires a payment, Ms.
James said. The investigation determined LexisNexis understated
crash report sales between June 2012 and May of this year, Ms.
James said.
LexisNexis has agreed to pay fees it previously withheld and
change its resale practices, according to New York's attorney
general.
LexisNexis Risk Solutions said in a statement that the
settlement includes no admission of wrongdoing or liability and
that it is pleased to resolve the investigations despite
disagreeing with the jurisdictions over the meaning of the language
in the contracts. It also said a settlement was preferred to
litigation as the settlement benefited the company's law
enforcement partners.
Write to Michael Tobin at michael.tobin@wsj.com
(END) Dow Jones Newswires
July 02, 2019 18:34 ET (22:34 GMT)
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