Online social networking site Classmates.com, which is a unit of Woodland Hills-based United Online, has agreed to pay $9.5M in a legal settlement over the firm's use of promotional emails implying that former classmates were looking to contact free members. According to the class action settlement, Classmates.com will pay $3 in cash for every Classmates.com member who upgraded to "gold" membership after one of those promotional emails. News of the settlement was first uncovered by TechFlash.
Top NewsMonday, March 15, 2010
United Online's Classmates.com To Pay $9.5M In Settlement