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Posted by / 11-Jun-2020 06:25

Shashoua also said credit card companies had refused to process transactions for the company's Internet businesses.On November 13, 2016, it was reported that a database of over 412 million accounts, including usernames, e-mails, and passwords, had been breached and leaked from several Friend Finder Networks websites.Friend Finder had not turned a net profit since at least 2008.Ezra Shashoua, the company's chief financial officer, blamed the lower revenue on a drop in membership and increased advertising costs for affiliates, according to court documents.

The Federal Arbitration Act ("FAA") applies to arbitration agreements affecting interstate commerce. The breach included account data from Adult Friend Finder (which constituted over 339 million accounts), Cams.com, and Penthouse, including accounts that had supposedly been deleted.The passwords were either stored as plain text or encrypted using the obsolete and insecure SHA-1 cipher.Its corporate headquarters are located in Boca Raton, Florida, with additional offices in California, New York, and Taiwan.The company primarily deals in adult entertainment, online dating, and social networking services.

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