Legal & Regulation

ANTITRUST
Should M&A Be Banned Amid The Pandemic?
May 13, 2020

The Pandemic Anti-Monopoly Act proposed by Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez might not be the best move during the coronavirus pandemic, according to Makan Delrahim, the top antitrust official at the Department of Justice (DOJ). Get the Full Story Complete the form to...

Legal & Regulation
Showdown: California Firm Zumasys Sues SBA And Treasury Over PPP Loan
May 07, 2020

As the deadline looms for businesses to return Paycheck Protection Program (PPP) loans they were ineligible for, a California software company is suing the Small Business Administration (SBA) and the U.S. Treasury Department. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Class-Action Lawsuits Demand Refunds From 25 Universities
May 06, 2020

As the coronavirus started sweeping across the U.S. in March, universities moved classrooms online and locked the doors. Many students, however, don’t feel they are getting a return on their tuition investment and have launched lawsuits demanding reimbursement. Get the Full Story Complete the form...

Legal & Regulation
Ripple Lawsuit Alleges Fraud In XRP Sale
May 05, 2020

A little-known Puerto Rican company, Bitcoin Manipulation Abatement (BMA), has filed a lawsuit against Ripple, accusing the blockchain firm of breaking rules when it ran a recent securities sale, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
May 05, 2020

WeWork Co-founder Adam Neumann has launched a legal battle with his company’s biggest investor, SoftBank Group Corp., charging that it has wrongfully reneged on a bailout deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Merchants Deal With Data Regs As COVID-19 Clears
May 05, 2020

Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like applying for bailout money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bank Regulation
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
May 05, 2020

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic — more so than other financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Almost 800 Lawsuits Over Deaths, Safety And Canceled Events Filed
May 04, 2020

More than 770 lawsuits are piling up against hospitals, nursing homes, gyms, airlines and cruise lines in the U.S. due to the coronavirus, alleging various kinds of neglect or mistreatment, according to the U.K.’s Daily Mail. Get the Full Story Complete the form to unlock...

Legal & Regulation
Deep Dive: Asia-Pacific Countries Gear Up For Open Banking Despite COVID-19-Related Hurdles
May 04, 2020

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 form, you agree to receive marketing communications from PYMNTS and...