Two online sellers filed class-action lawsuits against eBay claiming it didn't make it clear that it charged recurring fees for "Good ’Til Canceled listings." On Friday, sellers began receiving notice of a settlement the parties reached in Noll et. al v. eBay Inc. et al. In January, eBay set up a $6.4 million settlement fund. The lawsuit claimed eBay deliberately tricked customers into paying recurring fees for its Good 'Til Canceled listings, which automatically renew every 30 days until the seller cancels the listing or the item is sold.
HanesBrands is buying underwear maker Maidenform Brands for approximately $547.6 million. The deal would add brands like Maidenform, Flexees and Self Expressions to the Hanesbrand roster that includes Playtex, Bali, Champion, Wonderbra and its namesake Hanes. "This business is a natural fit into our core business and meets all of our acquisition criteria," HanesBrands’ Chairman and CEO Richard Noll said in a statement.