PASADENA, Calif.—A data broker has agreed to pay $800,000 to settle charges that it marketed profiles to human resources, background screening and recruiting companies without protecting consumers' information, the Federal Trade Commission said Tuesday.

In a statement, the FTC said Pasadena, Calif.-based Spokeo Inc. operated as a consumer reporting agency and violated the Fair Credit Reporting Act from 2008 to 2010 by failing to ensure that the information it sold as an employment screening tool was accurate and would be used only for legally permissible purposes.

Spokeo also failed to tell companies using the reports about their obligation under FCRA, including the requirement that they notify consumers if the company took an adverse action based on information contained in the report, according g to the FTC.

Read more here: http://www.businessinsurance.com/article/20120612/NEWS07/120619977