Nevada has agreed to pay $580,000 to the owners of a former credit screening firm who said their business was ruined by comments from an investigator with the Private Investigators Licensing Board.
The Board of Examiners approved the settlement Thursday with Hugh, Bret and Janice Lantz of Able Services in Reno.
Able Services provided credit screenings for landlords and employers. The state attorney general's office said an investigation was launched in 2003 after a citizen complained the firm also was conducting background checks, which requires licensing.
A federal court jury in Reno awarded the owners $670,000 in March. A settlement was later reached on appeal for $580,000.
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