Arizona Court Rules in Favor of Western Union on Money Transfers.Decision Supports Consumers' Rights to Send Funds Without Fear of Unreasonable Seizure Forcible possession; a grasping, snatching, or putting in possession. In Criminal Law, a seizure is the forcible taking of property by a government law enforcement official from a person who is suspected of violating, or is known to have violated, the law. ENGLEWOOD, Colo. -- The Western Union Company (NYSE NYSE See: New York Stock Exchange :WU), announced today that an Arizona court has ruled that the state of Arizona does not have the authority to seize money transfers originated outside the state and intended for payment in Mexico. In addition, the court prohibited the state from attempting to seize future money transfers not sent from or intended for payment in the state. The Arizona Attorney General The Arizona Attorney General is the chief legal officer of the state of Arizona, in the United States. It is an independent, constitutionally mandated office, elected by the people of the state to a four-year term. had attempted to seize money transfers originating in 26 U.S. states A U.S. state is any one of the fifty subnational entities of the United States, although four states use the official title "commonwealth". The separate state governments and the federal government share sovereignty, in that an American is a citizen both of the federal entity and for payment in Mexico. Senders of the funds were given no notice of the seizures, and were required to contact the state to prove that the funds were legally obtained before they would be returned. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Western Union President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Christina Gold, the decision speaks strongly in favor of a consumer's right to send funds without fear of unreasonable seizure. "Western Union is a trusted friend of the Latino community, and we're very pleased with today's ruling," said Gold. "We pursued this case in court because we feel strongly about defending the rights of our consumers. "While we believe that the judge made the right decision in this case, we will continue to work cooperatively with the state of Arizona in meeting its legitimate law enforcement needs," Gold added. Gold also stated that the company's defense of its consumers interests comes as a result of its long-standing commitment to the communities it serves. Since 2001, the company has contributed millions of dollars to community groups dedicated to enhancing opportunities for Latinos to live in and assimilate as·sim·i·late v. 1. To consume and incorporate nutrients into the body after digestion. 2. To transform food into living tissue by the process of anabolism. to life in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . In 2006, Western Union launched its 4X1 initiative, which builds on the success of the 3x1 program established by the Mexican government in partnership with Mexican hometown home·town n. The town or city of one's birth, rearing, or main residence. Noun 1. hometown - the town (or city) where you grew up or where you have your principal residence; "he never went back to his hometown again" associations in the United States. Under the program, Western Union contributes one dollar for every dollar contributed by the hometown associations. The funds also are matched by Mexico government entities at the federal, state and municipal levels. The aggregate funds are used to support economic development projects such as schools, utility service and other public projects in cities and states throughout Mexico. "Western Union is the first private sector company to participate in the 3x1 - now 4x1 - initiative," said Gold. "It's focused on creating new economic development and employment opportunities that are enhancing the economic viability of our consumers' home towns so that migration can be a choice for them, rather than a necessity." About Western Union The Western Union Company (NYSE:WU) is a leader in global money transfer services. Together with its affiliates, Orlandi Valuta and Vigo, Western Union provides consumers with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. It operates through a network of approximately 285,000 Agent locations in over 200 countries and territories. Famous for its pioneering telegraph services, the original Western Union dates back to 1851. For more information, visit www.westernunion.com. WU-G |
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