A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid paying their creditors. According to Bloomberg, Los Angeles-based clothing maker MyDyer, which was LuLaRoe’s main clothing manufacturer, is now suing the company for...
Eight months can seem like an eternity – all the time in the world to get things done, to plan, to implement, to do the heavy lifting for preparing for new tech initiatives – but not when it comes to the European Union’s PSD2. Get...
A New York pension fund is suing Danske Bank and four former executives, accusing the bank of lying to investors and boosting its share price while knowingly concealing and allowing rampant money laundering to continue in the bank’s Estonian branch. Get the Full Story Complete...
New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers...
A California lawmaker wants to make paper receipts a thing of the past. 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....
While the U.S. government shutdown continues, a Trump official has promised that tax refunds will go out on schedule. 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...
Senator Elizabeth Warren didn’t hold back during her first trip to Iowa, going after Washington for being “corrupt” and “beholden to giant corporations.” In addition, Warren criticized the idea that wealthy potential presidential candidates might use their personal fortunes to finance their campaigns. Get the...
A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan. 3) that it had reached a settlement with USAA Federal Savings Bank over allegations that the bank violated the Electronic Fund Transfer Act, among other transgressions. Get the Full Story Complete the form to unlock...
