ProJo pays 22K settlement for violating Connecticut law
The Providence Journal Company has paid the State of Connecticut $22,192 as part of a settlement for operating in that state without legal authority to transact business, WRNI has learned.
The fine paid by Journal Company ranks second on a list of 330 companies that failed to obtain a necessary certificate of authority to conduct business in Connecticut. Such businesses are required to register with the secretary of state’s office and pay a fee.
Connecticut Secretary of State Denise Merrill and Attorney General George Jepsen plan Thursday to highlight the violations, as well as the collection of more than $1.3 million in fines.
The business transacted by the Journal Company without meeting the necessary requirements is apparently the sale and distribution of newspapers.
A request for comment to ProJo publisher Howard Sutton’s office was not returned as of this afternoon.
Connecticut officials say the requirement to obtain authority do business was created to protect Connecticut-based companies from unfair competition and to create a more level playing field for in-state and out-of-state businesses.
The settlement paid by the Journal Company and others follows a joint, multi-year investigation. Fines in the case ranged from $40 to almost $27,000.