Legal

Legal
Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
September 06, 2024

A proposed class action lawsuit brought against Coinbase by shareholders is reportedly moving forward. 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....

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Nvidia and Microsoft Face Lawsuit Alleging AI Chip-Related Patent Infringement
September 05, 2024

Nvidia, Microsoft and patent risk management company RPX are facing a lawsuit accusing them of “rampant” patent infringement and antitrust law violations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Ex-Wirecard CEO Ordered to Pay $155 Million Over Unpaid Loans
September 05, 2024

Former Wirecard CEO Markus Braun’s legal troubles are reportedly worsening. 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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Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger
September 05, 2024

A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation. 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,...

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SEC Says 6 Credit Rating Agencies Failed to Preserve Electronic Communications
September 03, 2024

The Securities and Exchange Commission (SEC) has charged six credit rating agencies with “significant” recordkeeping failures in maintaining and preserving electronic communications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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CrowdStrike Faces ‘Daunting’ Legal Battles Beyond Potential Delta Suit
September 02, 2024

CrowdStrike faces numerous legal challenges from the glitch that caused a global tech outage. 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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Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs
September 02, 2024

A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. 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,...

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Nordea Reaches Settlement With New York DFS Over Compliance Failures
August 27, 2024

Nordea Bank Abp has reached a settlement with the New York State Department of Financial Services (DFS) after the regulator determined that the bank had compliance failures and failed to conduct proper due diligence of its correspondent bank partners.  Get the Full Story Complete the form...

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Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
August 26, 2024

JPMorgan Chase is reportedly facing a lawsuit that alleges that the bank paid “unreasonably” low interest rates on accounts used in its cash sweep program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...