Sections
Legal
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1.8KUber Sues Fetch Media For Fraudulent Ads
Uber has filed a lawsuit against Fetch Media, accusing the mobile ad company of improper billing for fraudulent ads and falsely taking...
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1.0KEquifax Gets Sued By The State Of Massachusetts
Massachusetts Attorney General Maura Healey has filed a lawsuit against Equifax, accusing the company of not doing enough to protect consumers against...
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1.1KDOJ Opens Investigation Into Stock Sales By Equifax Executives
Embattled Equifax was dealt another blow in the wake of its data breach as the U.S. Justice Department has decided to open...
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1.7KSofi Scandal Cost Its Bank Application
Online lender SoFi’s sex scandal, which resulted in the company’s chief executive stepping down, is dashing its chances of becoming a bank....
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1.4KTrump Blocks Chinese Acquisition Of Chip Maker
The decision by President Donald Trump to block a Chinese fund’s takeover attempt of a U.S. semiconductor company may presage further vetoes...
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2.0KSenators Demand FTC Investigation Of Equifax Leak
U.S. senators are calling for a federal investigation into the sale of nearly $2 million in shares of Equifax by company executives after...
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4.3KYelp Says Google Is Still Scraping
Yelp, the online reviews company, is reportedly claiming that Google is going back on a promise made as part of a settlement...
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2.5KState Street Agrees To Pay $35M To Settle SEC Charges
The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle...
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2.1KFBI Investigating Defunct Uber Program That Tracked Lyft Drivers
Uber is the focus of a federal investigation in New York as authorities determine whether the ridesharing company used software to interfere...
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2.1KWells Fargo’s Whistleblower Lawsuit Resurrected
Wells Fargo saw a federal appeals court Thursday (Sept. 7) order a federal district judge to take another look at a whistleblower...
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1.9KDraftKings, FanDuel Fined $2.6M For Unfair Practices
DraftKings and FanDuel will pay a combined $2.6 million as a settlement for unfair and deceptive practices affecting fantasy sports consumers. Reuters...
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1.3KWells Fargo Accused On Mortgage Fee Violations
A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. customers to lock in...
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1.7KNew York Regulator Fines Pakistani Bank $630M
The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to...
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1.3KCalifornia Judge Rules Backpage.com Execs Can Be Charged With Money Laundering
A judge has ruled that money laundering charges can be brought against the creators of a website that California prosecutors label an...
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1.6KFormer Uber CEO Calls Benchmark Lawsuit A ‘Public And Personal’ Attack
The ousted CEO of Uber called a lawsuit filed against him by one of the company’s top investors a “public and personal...
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2.2K‘Discount Clubs’ Scheme Costs Consumers Over $40 Million
A group of marketers swiped more than $40 million from the bank accounts of customers for “discount club” memberships they never agreed...
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2.2KWannaCry Hero Says He Didn’t Hack People’s Bank Data
Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for...
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1.6KFederal Judge Rules Costco Owes Tiffany $19.4M For Selling Fake Engagement Rings
A federal judge has decided that Costco owes Tiffany & Co. $19.4 million in damages over the warehouse club chain’s illegal sale...
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2.9KWells Fargo’s Merchant Services Unit In The Spotlight
Wells Fargo is facing a fresh lawsuit contending the bank’s Merchant Services Unit overcharged small businesses for the payment processing of their...
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1.8KDOJ Turns Away From Supreme Review Of Amex Merchant Deals
In what seems to be an 180-degree turn, the Department of Justice (DOJ) is asking the Supreme Court not to weigh in...
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1.8KFBI Docs Reveal ISIS Funneled Money Into US Through Fake eBay Transactions
FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS...
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2.2KApp Developers In China File Antitrust Suit Vs. Apple
Apple has been engaging in anti-competitive behavior in China, its largest mobile applications market, according to a lawsuit filed with regulators in...
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830U.K. Based Computer Researcher Arrested In U.S. For Alleged Ties To Kronos Malware
A British-based cybersecurity researcher has been arrested by U.S. authorities on charges that he conspired to advertise and sell Kronos banking malware....
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1.7KUber Drivers Score Small Victory In Fight To Be Treated As Employees
Uber was dealt a bit of a blow Thursday (July 13) when its drivers won a victory in its fight to be...
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2.0KLarry Page Can Be Deposed In Uber Suit, Court Rules
Larry Page, the chief executive of Alphabet and co-founder of Google, has to answer questions by ridesharing app company Uber in its...
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2.9KEU Court Adviser Says France Can Lodge Criminal Charges Against Uber Managers
Ride-hailing company Uber was recently dealt a difficult blow: A European Union (EU) court adviser paved the way for France to charge...
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5.3KGrubhub Suit To Help Decide Gig Economy Worker Rights?
Beyond Lyft and Uber, GrubHub’s ongoing legal battle centered on whether workers are employees or contractors may help settle the issue, and...
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4.7KFlorida Man Sentenced For Processing More Than $10 Million In Illegal Bitcoin Transactions
A Florida man was sentenced to 5 1/2 years in prison for helping criminals process millions of dollars in illegal bitcoin transactions....
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1.6KTwo Cases Against Pot Regulators May Be The First Of Their Kind
Even in the budding marijuana industry, government corruption can rear its ugly head if two recent cases in Colorado and Washington are...
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2.7K
FTC Aims To Block DraftKings, FanDuel Merger
The Federal Trade Commission (FTC), in a regulation move, announced that it will ask for a preliminary injunction to stop the merger of DraftKings and...
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2.2KExpensify Files Patent Suit Against Abacus
Expensify has filed a lawsuit against its T&E competitor Abacus Labs alleging patent infringement. Expensify published a blog post Friday (June 2)...
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1.3KPayPal Sues Pandora Over Logo
When developing a new business, it’s safe to say that there are a few things to consider before launching to the public....
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2.5KSupreme Court Pushes Back On Patent Trolls
Patent trolls may have to go back under a bridge. As Reuters reported Monday, the United States Supreme Court has issued a...
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1.9KUber Beefs Up Legal Ranks
Uber may be operating, at least for now, without a general counsel and may be looking for someone to fill that role....
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1.4KNY Bank Regulator Calls Out OCC In Lawsuit
The U.S. Office of the Comptroller of the Currency’s (OCC) plans to offer up charters allowing online lenders and FinTech companies to...
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1.9KWells Fargo Could Add $200M+ To Legal Bill
Wells Fargo is still facing heat from last year’s fraudulent accounts scandal, as lawsuits against the financial firm are reportedly piling up....
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2.0K
Lawsuit Filed Over OCC FinTech Charter Plans
The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just...
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1.9KSnap Inc.’s Evan Spiegel Under Fire For Allegedly Calling India A “Poor Country”
Snap Inc.’s Evan Spiegel is facing backlash on social media after a lawsuit against the company alleged that the CEO did not want...
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2.9KMan Accused Of Massive Yahoo Hack In US Denied Bail In Canada
The man accused of being involved in a massive hack of Yahoo email accounts was denied bail in Canada, delaying U.S. plans...
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1.6KWells Fargo Claws Back Another $75M
Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest...
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3.1KSupreme Court Rules to Protect Businesses’ Free Speech on Credit Card Fees
In today’s fast-moving economy, there aren’t many people who are likely to be carrying around cash. As such, most people who use credit...
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3.6KNew York Taxi Owners Defeated in Evolving Transport Lawsuit
With the rise of the sharing economy, there are undoubtedly several industries that have been disrupted, and some are rightfully upset. This is...
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Uber Wants To Handle Waymo Case Via Arbitration
A new court document filed by Uber indicates that the company thinks some parts of the case between Waymo and Uber/Otto can be handled...
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3.6KDOJ Granted Approval To Delay Petition To Reexamine Amex Case
The U.S. Department of Justice’s (DOJ) Antitrust Division has reportedly received approval to delay the deadline to file a petition for a...
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2.9KSantander To Pay $25M To Resolve Auto Loan Allegations
Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million...
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853Pay Per Swipe Sues TCT Over Its Amazon Ad-Supported Smartphone Deal
Pay Per Swipe, the mobile advertising company that makes ads that appear on locked smartphone screens, has filed a lawsuit against TCT...
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2.2KDefense Against Patent Trolls? Worth A LOT (Network)
If innovation is the lifeblood of tech and of commerce in general, patents are the lifeblood of less than savory characters known...
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3.7KIt’s Not Easy Being Green: Cannabis Payments
In 1992, a discussion about buying marijuana was pretty straightforward. Back then, it was illegal and socially stigmatized. Walking into a storefront...
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3.6KIRS Makes New Push For Coinbase Data
The Internal Revenue Service (IRS) continues its efforts to gain access to United States Coinbase customer accounts, filing new documents in federal...
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1.7KFederal Trade Commission Sends Money To Victims Of Debt Relief Scam
The victims of a debt relief scam will soon be receiving checks from the Federal Trade Commission (FTC). According to a press...
