New York (CNN) — Publishers Clearing House – the bankrupt sweepstakes company that told its past prize winners they would no longer receive their ‘forever’ payments – has a new CEO, who has a plan to ...

Publishers Clearing House started in 1953 as a family business that sold magazine subscriptions by mail. Yet, the sweepstakes company, as it became known as, filed for Chapter 11 bankruptcy in April ...

After purchasing the company out of bankruptcy protection for $7.1 million in July, ARB Interactive said it’s not responsible for past prizes, casting doubt on any further payments for those winners.

Thomas Moore Sr., a retired U.S. Air Force master sergeant, had hoped to pay off his mortgage, become debt-free and set up a ...