PBS Global, Inc. and the Florida Attorney General Reach Mutual Settlement

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PBS Global, Inc. reached a mutual settlement with the Florida Attorney General's Office on October 26, 2007, yet, ironically now faces criminal charges for the same matters in Wichita, Kansas.

On October 26, 2007, after almost three years of extensive negotiations, the Florida Attorney General's Office and PBS Global, Inc. of Melbourne, Florida reached a mutual settlement of disputed consumer protection issues (Circuit Court 18th Judicial District for Seminole County, Florida, case # 07CA3049-16K). PBS notes that most of the matters which had concerned the Attorney General were voluntarily changed by the company prior to the investigation, and the officers and directors cooperated extensively with the Attorney General throughout the process. As part of the settlement, PBS agreed to make refunds to an additional 150 former clients. Earlier in October, the United States Attorney's Office in Wichita, Kansas, filed criminal charges against company officers and three Independent Contractors previously terminated by PBS (U.S. District Court for the district of Kansas, case # 0710180-01-08WEB). The criminal charges referenced seven PBS clients in Kansas, alleging the same matters resolved in the Florida Attorney General's settlement.

About PBS Global, Inc.
PBS Global, Inc. provides value-laden marketing, matching and documentation services to owners of small- to medium-sized businesses. With its proprietary matching system, professional relationships and highly qualified specialists, PBS Global imparts the expert knowledge necessary to facilitate sale preparation, buyer introductions and capital investment or lending opportunities. PBS Global's goal is to match business buyers and sellers throughout the United States and internationally while maintaining the highest level of confidentiality. The company markets thousands of businesses for sale by owner, utilizing established networks of buyers as well as several web-based channels and other media venues. The company is based in Melbourne, Fla.

Debbie Kotula


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Debbie Kotula
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