Adult friend finder v adult free x
After discovering that users had been using the service to seek sexual partners, he launched Adult Friend Finder as a spin-off, followed later by other spin-offs dealing with different regions and niches.Much of the company's growth without investment capital has been attributed to its affiliate program, with more than 500,000 affiliates to date. Although section four of the FAA provides for the filing of a motion to compel arbitration, courts have held that a motion to dismiss under Rule 12(b)(1) for lack of subject matter jurisdiction "is a procedurally sufficient mechanism to enforce [an] [a]rbitration [p]rovision." GT Sec., Inc.
Ezra Shashoua, the company's chief financial officer, blamed the lower revenue on a drop in membership and increased advertising costs for affiliates, according to court documents.When pressed on details, Ballou declined to comment further.But why Friend Finder Networks has held onto millions of accounts belonging to customers is a mystery, given that the site was sold to Penthouse Global Media in February."We are aware of the data hack and we are waiting on Friend Finder to give us a detailed account of the scope of the breach and their remedial actions in regard to our data," said Kelly Holland, the site's chief executive, in an email on Saturday.It has cautioned that, unless it can repay or restructure its obligation, it will face “a material deficiency in our short term liquidity.” With these shortfalls in mind, the company again announced an intention to make an initial public offering of stock, representing a 49% stake in the company, with plans to use the proceeds to pay down its debt and become listed on the New York Stock Exchange.The contemplated public offering, scheduled to reach the market on January 27, 2010 was delayed by FFN.Its corporate headquarters are located in Boca Raton, Florida, with additional offices in California, New York, and Taiwan.The company primarily deals in adult entertainment, online dating, and social networking services.Its flagship online dating services include Friend Finder and its various spin-off services (such as Adult Friend Finder, and other dating services targeting various territories and niche categories, such as the South America-focused Amigos.com, and Christian dating website Big Church), as well as niche websites for alternative lifestyles, and adult webcam websites.Friend Finder was launched in 1996 by Andrew Conru. "In line with these principles, courts must place arbitration agreements on an equal footing with other contracts, and enforce them according to their terms." Concepcion, 563 U. "[W]here a contract contains an arbitration clause," moreover, "courts apply a presumption in favor of arbitrability .