Legal

Legal
Mastercard Says ‘No’ To Compound Interest In $19 Billion Class-Action Suit
March 26, 2021

Already facing a historic $19 billion class-action suit in the U.K., Mastercard is fighting an attempt to add compound interest to the plaintiff’s claim. According to Reuters, the credit card company pushed back against the notion of compound interest in court this week during a...

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Ripple Asks Court To Deny SEC’s Demand For Personal Finance Info
March 12, 2021

Two Ripple executives have sent a letter to the Southern District Court in New York requesting that subpoenas for personal finance information from the U.S. Security and Exchange Commission (SEC) be denied. The SEC filed a lawsuit against the company last year. Get the Full...

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More Tech Firms Pulled Into Battle Between Apple And Epic Games
February 25, 2021

More technology companies are joining either side of the legal battle between Epic Games, the maker of Fortnite, and Apple, with PC games giant Valve being the latest firm to get caught up in the melee, The Wall Street Journal reported on Thursday (Feb. 25). Get...

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Judge Says Robinhood 2020 Trading Outages Suit Can Proceed
February 18, 2021

Robinhood faces more legal troubles as a judge has refused to throw out a lawsuit alleging customers lost money during outages in March 2020, Bloomberg reported Thursday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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‘Roaring Kitty’ Faces Lawsuit Over GameStop Stock Events
February 17, 2021

Keith Gill, or “Roaring Kitty” as he was known online, has been sued for securities fraud for allegedly misrepresenting himself as an amateur investor amid the GameStop controversy, Bloomberg reported on Wednesday (Feb. 17). Get the Full Story Complete the form to unlock this article...

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Apple Faces EU Complaint Filed By Fortnite’s Epic Games
February 17, 2021

Epic Games, the developer of the popular game Fornite, among others, has filed an antitrust complaint against Apple in the European Union (EU) in an effort to fight for a more balanced playing field for developers and consumers. Get the Full Story Complete the form...

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Citi Loses Suit To Recoup $500 Million In Mistakenly Transferred Funds
February 16, 2021

Citigroup’s erroneous sending of a half-billion dollars to Revlon lenders can’t be recouped, U.S. District Judge Jesse Furman in New York ruled on Tuesday (Feb. 16), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Individual Lawsuits Mount Against Big Tech Over Monopoly Concerns
February 16, 2021

Amid the current torrent of legal issues facing Google over antitrust concerns is that of “Mr. Sweepy,” who alleges the tech giant’s practices bled his website dry, The New York Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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North Dakota Bill Sets Stage For Next Big Tech Fight
February 15, 2021

North Dakota could be the next battleground for Big Tech, as a new bill has been introduced that would stop Apple and Google from collecting a portion of the revenue from companies using their app stores, The New York Times (NYT) reported. Get the Full...