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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 15, 2001
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Juno Online Services, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-26009 13-3914547
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1540 Broadway, New York, New York 10036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 597-9000
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On May 15, 2001, the Federal Trade Commission announced that it had
voted to approve a consent agreement entered into with Juno Online Services,
Inc. concerning the advertising of Juno's Internet access services. The consent
agreement, which was issued for public comment, remains subject to a statutory
30-day public comment period and final approval by the FTC. Under the terms of
the consent agreement, Juno would be barred from making misrepresentations about
the cost of its Internet access services, and would be required to disclose the
cancellation terms for these services in a clear and conspicuous manner, to
provide adequate customer support to process subscribers' requests to cancel,
and to make prominent disclosure that subscribers may incur long distance
telephone charges while using Internet access services. The proposed settlement
would also require Juno to give notice to certain subscribers who cancelled the
service and identified the unavailability of local access numbers, or the
incurrence of long distance charges, as a reason or who participated in
specified rebate programs. Under the terms of the consent agreement, Juno would
provide an opportunity for such subscribers to apply for refunds for long
distance telephone charges they incurred to use Juno's services for up to two
months following their subscription.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Juno Online Services, Inc.
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(Registrant)
May 22, 2001 /s/ CHARLES ARDAI
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Date Charles Ardai, President and Chief Executive Officer