Internet advertiser DoubleClick Inc. has agreed to purge consumer information it had collected and adhere to an enhanced privacy policy, as part of a settlement of federal and state class action
lawsuits filed against the firm. The agreement, which will result in the dismissal of charges filed since January 2001, requires DoubleClick to take actions to protect consumer privacy including an
education effort, purging of consumer information, and adherence to an enhanced privacy policy. DoubleClick will also pay for up to $1.8 million of legal fees. The company said it had accounted for
this charge in the third quarter of 2001.