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Legal
UK Lawsuit Claims Facebook Exploited Personal Data of 44 Million Users
January 16, 2022

Facebook, now known as Meta, faces a fine of over $3.2 billion over allegations that it exploited data and abused its market dominance, Reuters reported Friday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
January 06, 2022

The Texas office of the Securities and Exchange Commission (SEC) will be conducting a probe into lenders’ disclosures and their policies on current issues like climate change and gunmakers, Reuters reported Wednesday (Jan. 5), citing unnamed sources familiar with the matter. Get the Full Story...

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Theranos Guilty Verdict Shows the Dangers of Groupthink
January 04, 2022

The jury is in, literally, on Elizabeth Holmes, the one-time siren of Silicon Valley who raised close to $1 billion in capital to fund a phlebotomy and venipuncture technology startup that ended a fake. Holmes was found guilty on two counts of wire fraud and...

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Ripple Lawyer Confident SEC Case Will Wrap in April
January 03, 2022

The Securities and Exchange Commission lawsuit against Ripple could be close to over, according to lawyer Jeremy Hogan, who is a part of the Ripple community. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Morgan Stanley Will Settle Data Security Lawsuit for $60M
January 02, 2022

Morgan Stanley will pay $60 million to settle a lawsuit from customers saying the bank had left their personal information exposed by not retiring outdated technology, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Crypto Broker Voyager Faces Lawsuit Over Alleged Hidden Fees
December 29, 2021

Cryptocurrency broker Voyager Digital has been hit with a proposed class action lawsuit over its alleged misleading of customers about hidden fees, Bloomberg wrote Wednesday (Dec. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Legal Technology Sector Sees Advancements, Unicorns in 2021
December 29, 2021

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29). 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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H&R Block Files Suit Against Dorsey’s Block Over Square Rebrand
December 16, 2021

U.S. income tax preparation company H&R Block has taken issue with Square’s recent name change to Block and has filed a lawsuit in federal court, according to a press release Thursday (Dec. 16). Get the Full Story Complete the form to unlock this article and...

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Apple Scores Victory in Case Against Epic Games
December 08, 2021

A federal court has sided with Apple in its case against Epic Games, on Wednesday (Dec. 8) issuing a stay of an injunction that would require the company to allow external payment links in the Apple App store. Get the Full Story Complete the form...