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Legal
Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case
November 28, 2019

Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. 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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Senators Introduce Sweeping Online Privacy Legislation
November 26, 2019

A group of key Senate Democrats on Tuesday (Nov. 26) unveiled a far-reaching online privacy bill that levies tough new punishments for tech giants that mishandle users’ personal data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Insurance Execs Concerned About Inflated Jury Payouts
November 22, 2019

Global insurance executives are worried about the hefty monetary awards juries have been handing out to plaintiffs. The trend of larger jury payouts, known as “social inflation,” could lead to a $200 billion deficit in global reserves, according to industry vet Stephen Catlin. In fact,...

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WeWork Under Investigation By NY AG
November 19, 2019

Sources have told Reuters that WeWork is under investigation by the New York State Attorney General (NYAG). While a spokesman for the NYAG declined to comment, WeWork confirmed that it had been contacted by the office of the NYAG Letitia James. Get the Full Story...

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Lawsuit Targets WeWork For Lost Value After Pulled IPO
November 10, 2019

A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor, Japan’s SoftBank, Reuters reported on Friday (Nov. 8). Get the Full Story Complete the form to unlock this article and...

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Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters
October 24, 2019

Lights out for the FinTech charter idea? 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...

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US Accuses Turkey’s Halkbank Of Plot To Evade Iran Sanctions
October 16, 2019

The U.S. has accused Halkbank, one of Turkey’s largest banks, of participating in a scheme to evade sanctions against Iran. In an indictment filed on Tuesday (Oct. 15) in Manhattan federal court, prosecutors alleged that the plot involved high-ranking government officials in Iran and Turkey....

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Uber Faces Millions In Liabilities If Drivers Become Employees
October 14, 2019

A 2017 deposition is giving insight into Uber‘s legal strategy when fighting back against driver-related lawsuits. 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...

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Google’s EU Antitrust Appeal Hearings Scheduled For Feb.
October 14, 2019

Google’s appeal against a $2.64 billion fine for antitrust practices in the EU will be heard by a court over a three-day period in February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...