Software Giant Adobe Settles Federal Case for $150 Million Over Subscription Practices

Adobe Inc. has reached a $150 million settlement with federal authorities over allegations its subscription practices violated consumer protection laws. The Justice Department announced the agreement Friday, which also includes an injunction against the software company.

Federal authorities announced Friday that software company Adobe Inc. will pay $150 million and accept court oversight to settle claims that its subscription business practices broke federal consumer protection rules.

The Justice Department revealed that Adobe has reached the settlement agreement to resolve accusations that the company violated the Restore Online Shoppers’ Confidence Act through its subscription service operations.

Along with the substantial financial penalty, Adobe must also comply with an injunction as part of the resolution with federal regulators.

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