Sections
Legal
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1.2KNew Jersey Getting Closer To Legalizing Recreational Marijuana
New Jersey Governor Philip D. Murphy and state Democratic legislative leaders have forged an agreement that could result in the state legalizing...
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1.4KFormer Apple Securities And Compliance Lawyer Charged With Insider Trading
The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. 13), according to a...
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3.3KOnline Sports Betting Gets A Super Bowl Workout
As the New England Patriots and their fans prepared for their latest Super Bowl victory parade on Tuesday (Feb. 5), details emerged...
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2.4KJudge To Decide Sears’ Fate In Bankruptcy Proceedings
A U.S. bankruptcy court judge will decide the fate of struggling retailer Sears and its unsecured creditors, according to a report by...
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3.0KNY Federal Reserve Partners With Bangladesh Bank To Sue Over $81M Hack
The Federal Reserve Bank of New York announced that it will formally assist Bangladesh Bank in a lawsuit to recover funds stolen...
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3.0KRBS Slapped With Lawsuit Over Frozen Accounts
The Royal Bank of Scotland (RBS) is being sued by an unnamed British payments company over allegations that RBS froze accounts on...
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3.9KBangladesh To Sue Philippine Bank RCBC In Alleged $81M Cyber Robbery
The Bangladesh central bank governor said the country is going to file a lawsuit against Philippine bank Rizal Commercial Banking Corp (RCBC)...
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2.6KMunchery Sued By Ex-Employees Over Shutdown
A new class-action lawsuit wants failed meal delivery company Munchery to pay its former employees 60 days’ worth of back wages. The...
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2.9KHuawei CFO Charged With Bank Fraud
U.S. prosecutors have filed criminal charges against China’s largest technology company, accusing it of stealing trade secrets and committing bank fraud. In...
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2.3KWalgreens Agrees To $60M Settlement For Overpriced Prescriptions
Walgreens has agreed to pay $60 million to settle allegations that it overcharged government healthcare plans for prescription drugs. The settlement, which...
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3.9KWill DOJ Ruling Put The Brakes On Legal Online Sports Betting?
As the Feb. 3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels...
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2.2KSupreme Court Dismisses Case Over CFPB Power
A challenge to the structure of the Consumer Financial Protection Bureau (CFPB) was dismissed by the U.S. Supreme Court on Monday (Jan. 14)...
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2.6KLuLaRoe Founders Accused Of Hiding Millions From Creditors
A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid...
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3.4KDanske, Execs Sued By US Shareholder
A New York pension fund is suing Danske Bank and four former executives, accusing the bank of lying to investors and boosting...
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6.0KUber Seeks Driver Lawsuit Settlement Before IPO
Uber, gearing up to launch an initial public offering (IPO) in the first quarter of 2019, is offering to settle with drivers...
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2.2KQualcomm Tells China Court Apple Still Selling Banned iPhones
Despite a court order in China barring Apple from selling some of its iPhones over a patent dispute with Qualcomm, the Cupertino,...
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2.3KAmazon’s NYC HQ2 Sparks Legislation Over Real Estate
A Senator who represents Long Island City, where Amazon plans to build another headquarters, has drafted legislation that would essentially make it...
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2.7KSEC, DJ Khalid, Floyd Mayweather Settle ICO Charges
The Securities and Exchange Commission (SEC) has announced settled charges against professional boxer Floyd Mayweather Jr. and music producer DJ Khaled for...
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2.1KSEC Chairman Says Tesla Case Is Settled Despite Musk Tweet
Despite Tesla Chief Executive Elon Musk’s early October tweet in which he called the Securities and Exchange Commission (SEC) the “Shortseller Enrichment...
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3.3KSupreme Court Justices Hear Apple Antitrust Appeal
Apple’s attempt to get the Supreme Court to toss out a lawsuit over allegations of antitrust actions with its App Store could...
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2.9KUS Biometrics Law Tested By Six Flags Lawsuit
The Illinois Supreme Court is set to hear arguments that will help it determine when consumers can take action under the Biometric...
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5.1KBlue Apron Hit With Employee Labor Lawsuit
Blue Apron employees have filed a class-action lawsuit against the company over a variety of alleged labor law violations. According to BuzzFeed...
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2.5KSociété Générale Fined $1.34B For Violating US Sanctions
Société Générale S.A. of Paris, France has agreed to pay U.S. federal and state authorities $1.34 billion to resolve legal disputes due...
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3.9KFirst Securities Fraud ICO Case To Plead Guilty
A New York man charged in the first fraud prosecution involving initial coin offerings has pleaded guilty to lying to about 1,000...
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7.3KRipple, XRP Investors Lawsuit Heads To Federal Court
Ripple, the cryptocurrency startup behind the XRP tokens, and its affiliated defendants have filed documents to move a consolidated class action lawsuit to...
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3.9KAT&T, T-Mobile Sued Over Mobile Crypto Thefts
Silver Miller — America’s leading cryptocurrency investor law firm — announced it has filed lawsuits against AT&T and T-Mobile on behalf of crypto asset...
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2.4KAirbnb Landlords Get $2.25M Fine For Illegal San Fran Rentals
San Francisco City Attorney Dennis Herrera announced that two local Airbnb landlords will pay $2.25 million in penalties and investigation costs for...
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5.6KWinklevoss Twins Sue Charlie Shrem Over Bitcoin Theft
The Winklevoss twins have filed a lawsuit against Charlie Shrem, accusing him of pocketing funds to purchase bitcoin for himself. The New...
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5.8KWalmart Sues Synchrony Financial
Walmart filed a lawsuit against Synchrony Financial, its credit card issuer for years, contending a breach of contract. The Wall Street Journal,...
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2.8KCarl Icahn Sues Dell Over Plan To Go Public
Dell Technologies got slapped with a lawsuit by activist investor Carl Icahn Thursday (Nov. 1) over what the investor contends is a lack...
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6.2KSoFi Settles With FTC Over Claims Of Deceptive Advertising
The Federal Trade Commission (FTC) announced that online student loan refinancer Social Finance (SoFi) has agreed to stop misrepresenting how much money...
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7.1KYahoo Fined $50M Over Data Breach
Yahoo has agreed to pay $50 million in damages over the biggest security breach in history. According to the Washington Post, the...
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20.0KIn UK, P2P Firm Seeks Help from Regulators
In the United Kingdom, a peer-to-peer (P2P) property lender has taken what the Financial Times called “the unusual step” of asking a...
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2.6KNewsweek Parent Co Defrauds Lenders In $10M Scheme
Newsweek’s former parent company has been charged with defrauding lenders out of millions of dollars in order to help the media organization...
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2.9KApple iPhone X User Forced By FBI To Unlock Phone With Face
An Apple iPhone X user was forced by law enforcement to unlock his phone with his face. According to a report in...
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2.5KOpenTable Employee Charged With Making Fake Reservations At Rival Service
OpenTable employee Steven Addison was charged by federal prosecutors with making fake reservations on a rival’s website at a time when he...
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3.2KFraudsters Accused In $364M Ponzi Debt Scheme
Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme. According to Reuters, the men — Kevin Merrill...
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5.2KVisa, Mastercard Settle $6.2B Swipe Fee Lawsuit
A $6.2 billion settlement has been reached by Visa, Mastercard and several U.S. banks over a suit brought by merchants over what...
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2.2KOCC FinTech Efforts in Legal Crosshairs, While GDPR Still Lags
The battle over FinTechs and national banking charters is about to get a bit more heated. New York state is suing the...
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4.2KJudge Says US Securities Law Applies To Crypto Fraud Cases
A federal judge has ruled that prosecutors can move forward with a case against a man accused of defrauding investors in two...
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3.0KSports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’
The U.S. sports betting wave could become one of the hottest payments and commerce trends of 2018, with lawmakers and gamblers bringing...
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2.8KSony Hack Programmer Charged With Cybercrime Conspiracy
The U.S. Justice Department announced that it has charged North Korea’s Park Jin Hyok (박진혁; aka Jin Hyok Park and Pak Jin...
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3.0KGDPR Thins The Herd For Online And Mobile Advertising
Don’t cry for Facebook. Sure, the social media platform said it lost one million active users from Europe after the General Data...
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4.1KYoung Bitcoin Trader Indicted On Money Laundering Charges
Charges of money laundering and illegal money transmission have been levied against a 21-year-old bitcoin dealer in California. According to several sites,...
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1.9KTesla, Elon Musk Sued Over Go-Private Tweets
Tesla and its chief executive Elon Musk have been hit with two lawsuits by investors who are accusing Musk and his company...
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2.4KManafort Case Delayed As Prosecution Set to Call Final Witnesses
The judge in the federal tax fraud case against former Trump Campaign Chairman Paul Manafort called for a break in the case,...
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3.0KOpening Bets: MGM Deals Foreshadow New Gambling Culture
Not quite three months after the U.S. Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals...
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1.7KAlleged Floor Trader Scheme Haunts NYSE
The New York Stock Exchange (NYSE) has accused a floor trader of being involved in a kickback scheme involving an unnamed broker....
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3.1KIBM Wins $83M In Patent Infringement Suit Against Groupon
International Business Machines was awarded an $83 million judgment in a patent court case lodged against daily deal website operator Groupon. Reuters,...
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4.6KVirtual Cards Run Into Payroll Card-Like Legal Troubles
In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. Employees...
