State settles suit over board citation for $580K
(AP) – Nevada has agreed to pay $580,000 to the owners of a former credit screening firm who claimed their business was ruined by comments from an investigator with the Private Investigators Licensing Board.
The Board of Examiners approved the settlement Thursday with Hugh, Bret and Janice Lantz of Able Services in Reno.
Able Service provided credit screenings for landlords and employers.
The attorney general’s office says an investigation was launched in 2003 after a citizen complained the firm also was conducting background checks, which requires licensing.
Able Services claimed the board’s investigator contacted national credit reporting bureaus, which then refused to do business with them.
A federal court jury in Reno awarded the owners $670,000 in March. A settlement was later reached on appeal for $580,000.