Legal

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

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. 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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Class-Action Lawsuit Targets DraftKings Promotional Offer 
December 08, 2023

Sports betting operator DraftKings is reportedly facing a class-action lawsuit filed in the Massachusetts Superior Court.  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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Former CEO Tim Sloan Sues Wells Fargo for $34 Million 
December 01, 2023

Former Wells Fargo CEO Tim Sloan has filed a lawsuit against the company, seeking over $34 million in unpaid 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...

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FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
November 28, 2023

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz Group AG’s racing team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Judge Rules Binance Founder Must Remain in US 
November 27, 2023

Changpeng Zhao, the co-founder of cryptocurrency exchange Binance Holdings, is reportedly facing legal restrictions that prevent him from returning to his home in the United Arab Emirates (UAE).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Australia to Regulate Digital Wallets Alongside Credit Cards
November 27, 2023

Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets. 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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Binance Founder Seeks to Prove He’s Not a Flight Risk
November 26, 2023

Binance’s founder is fighting the Justice Department’s efforts to keep him in the U.S. 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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OpenAI Investors Mull Lawsuit Over Altman’s Firing
November 21, 2023

Some OpenAI investors are reportedly considering legal action in response to ex-CEO Sam Altman’s firing. 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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Judge Rejects Social Media Companies’ Efforts to Dismiss Lawsuits
November 14, 2023

A federal judge in Oakland, California, has ruled against major social media companies, rejecting their efforts to dismiss nationwide litigation accusing them of illegally enticing and addicting millions of children to their platforms. Get the Full Story Complete the form to unlock this article and...