February 25, 2017 2:39 AM ET

Internet Software and Services

Company Overview of Network Solutions, LLC

Company Overview

Network Solutions, LLC provides domain names registration, email hosting, Website designing, ecommerce, Web hosting, SSL certificates, online marketing, and design and mobile services. Its domain names solutions include search for a domain name, transfer to network, Website forwarding, private domain registration, domain expiration protection, and premium domain names; websites design services for do it yourself, custom built, and mobile Websites; Web hosting, secure WordPress hosting, and VPS hosting packages; email hosting packages; and SSL online security, site seal, Website scan and protection solutions. The company also provides eCommerce Websites, JumpStart store set-ups, custom eComme...

13861 Sunrise Valley Drive

Herndon, VA 20171

United States

Founded in 1979

888 Employees





Key Executives for Network Solutions, LLC

Chief Operating Officer, Chief Financial Officer and Executive Vice President
Age: 53
Senior Vice President and General Counsel
Chief Knowledge Officer
Senior Vice President of Product Development, Enterprise Sales & Wholesale
Age: 50
Senior Vice President of Policy and Ethics
Compensation as of Fiscal Year 2016.

Network Solutions, LLC Key Developments

Federal Trade Commission Obtains Settlement from Network Solutions LLC for Misleading Consumers About Refunds

Network Solutions LLC has agreed to settle Federal Trade Commission charges that it misled consumers who bought its web hosting services by promising a full refund if they canceled within 30 days. In reality, the company withheld substantial cancellation fees from most refunds. In an administrative complaint, the FTC alleged that Network Solutions, a domain name registrar and web hosting provider, offered web hosting packages with a '30 Day Money Back Guarantee,' but did not adequately disclose that it withheld part of the refund - up to 30% - from customers who cancelled within 30 days of buying an annual or multi-year package and registering an included domain name. The proposed settlement order prohibits Network Solutions from failing to clearly disclose, before obtaining a customer's billing information, the material terms of any money-back guarantee, or failing to refund the full purchase price in response to a request that complies with the terms of a guarantee. The settlement also bars the company from misrepresenting material terms of any refund or cancellation policy or money-back guarantee, or any other material fact about web hosting. The FTC acknowledges the assistance of the Better Business Bureau serving Metro Washington DC and Eastern Pennsylvania in this case. The Commission vote to issue an administrative complaint and accept the proposed consent agreement for public comment was 5-0. The FTC will publish a description of the consent agreement package in the Federal Register shortly. The agreement will be subject to public comment for 30 days, beginning April 7, 2015 and continuing through May 7, 2015, after which the Commission will decide whether to issue the order on a final basis.

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Recent Private Companies Transactions

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