FCC Fines Securus $1.7M, Resolving Investigation Over Submitting Misleading Information To Agency

The Federal Communications Commission announced it has reached a $1.7 million consent decree with Securus Technologies resolving an investigation into whether Securus provided inaccurate and misleading information to the FCC regarding the company’s transfer of control to Platinum Equity, LLC.  As part of the consent decree, Securus will implement a strict compliance plan. With the resolution of the investigation and the commitment of Securus to the compliance plan, the agency approved the company’s proposed transfer of control from Securus Investment Holdings, LLC to Platinum Equity, LLC.