OREM E-commerce software company iMergent Inc. said Thursday it has settled a legal dispute with the state of Wisconsin.
The Wisconsin Department of Justice had sued iMergent which offers the StoresOnline software and Web site development platform and StoresOnline Inc., saying their solicitations violated Wisconsin law by failing to identify StoresOnline as the entity offering the products and services, instead using fictitious business names. The state also contended they failed to disclose that the purpose of their workshops was to sell Internet-related software and services.
IMergent said the settlement resolves outstanding matters with the state and does not affect its continued operations there.
The company said the agreement's terms include paying the state costs of $50,000 but no refunds were required. The state said the $50,000 is for forfeitures, penalty assessments and investigative costs.
The company denied any wrongdoing or that it had made any misrepresentations, and it agreed to make certain disclosures regarding the software sold by the company and the services the company provided.
In a prepared statement, iMergent's general counsel, Jeff Korn, said the complaints "are legacy issues prior to our adopting the StoresOnline Express business model and the substantive improvements to our customer service."