Lawsuit

NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
February 07, 2024  |  Legal

New York Community Bank (NYCB) is the target of a class-action lawsuit alleging securities fraud. The lawsuit comes after the bank acquired certain assets of...

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider...

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FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
November 02, 2023  |  Legal

The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing strategies to enhance its profits. The...

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Apple Must Face Antitrust Suit Over Apple Pay
Apple Must Face Antitrust Suit Over Apple Pay
September 28, 2023  |  Apple

Apple must face a lawsuit accusing it of illegally hindering competition for its payment wallet. A federal judge on Wednesday (Sept. 27) allowed a private...

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DOJ Accuses eBay of Selling Products That Violate Environmental Laws
DOJ Accuses eBay of Selling Products That Violate Environmental Laws
September 27, 2023  |  eCommerce

The United States Justice Department has filed a complaint against eBay, accusing the online marketplace of unlawfully selling and distributing products that violate environmental regulations. The complaint, filed...

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Report: FTC to Sue Amazon for Antitrust Violations Next Week
Report: FTC to Sue Amazon for Antitrust Violations Next Week
September 22, 2023  |  Amazon

The Federal Trade Commission (FTC) is reportedly expected to file a lawsuit against Amazon for antitrust violations next week. The anticipated antitrust complaint, which will be filed in federal...

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Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
September 18, 2023  |  Security & Fraud

FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said...

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Report: Binance.US Executives Exit Amid SEC Lawsuit
Report: Binance.US Executives Exit Amid SEC Lawsuit
September 14, 2023  |  Cryptocurrency

Binance.US, the American arm of cryptocurrency exchange Binance, is reportedly dealing with the departure of key legal and risk executives. Krishna Juvvadi, head of legal,...

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Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
August 17, 2023  |  Legal

A U.S. district judge has granted the Securities and Exchange Commission (SEC) permission to file a motion for leave to file an interlocutory appeal in...

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