Legal

Legal
FTC Aims To Block DraftKings, FanDuel Merger
June 20, 2017

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 FanDuel because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests. Get the Full...

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Expensify Files Patent Suit Against Abacus
June 06, 2017

Expensify has filed a lawsuit against its T&E competitor Abacus Labs alleging patent infringement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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PayPal Sues Pandora Over Logo
May 24, 2017

When developing a new business, it’s safe to say that there are a few things to consider before launching to the public. Aside from company name and intellectual property, new companies may also want to check into logos currently in use by other businesses. Get...

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Supreme Court Pushes Back On Patent Trolls
May 23, 2017

Patent trolls may have to go back under a bridge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

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Uber Beefs Up Legal Ranks
May 22, 2017

Uber may be operating, at least for now, without a general counsel and may be looking for someone to fill that role. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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NY Bank Regulator Calls Out OCC In Lawsuit
May 15, 2017

The U.S. Office of the Comptroller of the Currency’s (OCC) plans to offer up charters allowing online lenders and FinTech companies to conduct business on a national level may be running into a wall. Get the Full Story Complete the form to unlock this article...

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Wells Fargo Could Add $200M+ To Legal Bill
May 08, 2017

Wells Fargo is still facing heat from last year’s fraudulent accounts scandal, as lawsuits against the financial firm are reportedly piling up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Lawsuit Filed Over OCC FinTech Charter Plans
April 27, 2017

The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just filed suit against the Office of the Comptroller of the Currency (OCC) in response to the latter’s plans to offer banking charters to...

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Snap Inc.’s Evan Spiegel Under Fire For Allegedly Calling India A “Poor Country”
April 18, 2017

Snap Inc.’s Evan Spiegel is facing backlash on social media after a lawsuit against the company alleged that the CEO did not want to expand into “poor countries” like India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...