YTB International Inc - the online travel company which has recruited at least 700 Bermudians - yesterday announced it has reached a settlement with the Office of the Illinois Attorney General over a civil action complaint alleging the company had violated the state’s unfair competition and advertising laws.The company did not admit or deny the allegations in the complaint.YTB complied with the Office of the Illinois Attorney General for all requests of information and agreed to enter into a final judgment and consent decree by the court without trial or adjudication of any issue of fact or law.As part of the settlement, YTB agreed to make a civil restitution payment of $150,000. The Office of the Illinois Attorney General will determine eligibility for restitution.J Scott Tomer, chairman of YTB, said: “We’re pleased to have this matter behind us and be able to move forward, focusing on the future.”YTB has also announced the closure on the sale of its corporate headquarters office to an unaffiliated third party for $7.1 million last month. The transaction was a sale/leaseback, which allows YTB to lease space from the buyer while improving its working capital.Robert Van Patten, CEO of YTB, said: “Improving the company’s working capital has been a major focus as we work to solidify our business fundamentals and increase our active subscribers. The number of new subscribers in the fourth quarter is a promising sign and we’re confident the increase in the number of featured stores, the expected increase in active subscribers, and the continued introduction of new direct sale products will result in increased revenue in both product sales and commissions in 2011.”