A settlement has been announced between Libre by Nexus Inc. in which it will cease transacting immigration bonds in the California, phase out the use of GPS ankle monitors, and issue credits to clients still in arrears with Libre.
Additionally, the company must provide individual cash credits of $420 to participants not owing any payments and voluntarily submit to oversight and inspection of its business practices by the California Department of Insurance. The total value of the settlement is roughly $5.5 million.
