Legal

Legal
PayPal Sues Pandora Over Logo
May 24, 2017

When developing a new business, it’s safe to say that there are a few things to consider before launching to the public. Aside from company name and intellectual property, new companies may also want to check into logos currently in use by other businesses. One...

Legal
Supreme Court Pushes Back On Patent Trolls
May 23, 2017

Patent trolls may have to go back under a bridge. As Reuters reported Monday, the United States Supreme Court has issued a ruling that makes it tough for patent trolls to file what the newswire termed “dodgy patent cases” in courts deemed friendly, lessening a...

Legal
Uber Beefs Up Legal Ranks
May 22, 2017

Uber may be operating, at least for now, without a general counsel and may be looking for someone to fill that role. Recode reports that the beleaguered ride-hailing firm has moved Salle Yoo, who had been serving as general counsel, from that spot and brought...

Legal
NY Bank Regulator Calls Out OCC In Lawsuit
May 15, 2017

The U.S. Office of the Comptroller of the Currency’s (OCC) plans to offer up charters allowing online lenders and FinTech companies to conduct business on a national level may be running into a wall. Just this past Friday, Reuters reported that New York state’s banking...

Legal
Wells Fargo Could Add $200M+ To Legal Bill
May 08, 2017

Wells Fargo is still facing heat from last year’s fraudulent accounts scandal, as lawsuits against the financial firm are reportedly piling up. In the financial company’s quarterly filing released late last week, Wells reported that it expects that losses from legal actions could exceed provisions...

Legal
Lawsuit Filed Over OCC FinTech Charter Plans
April 27, 2017

The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just filed suit against the Office of the Comptroller of the Currency (OCC) in response to the latter’s plans to offer banking charters to...

Legal
Snap Inc.’s Evan Spiegel Under Fire For Allegedly Calling India A “Poor Country”
April 18, 2017

Snap Inc.’s Evan Spiegel is facing backlash on social media after a lawsuit against the company alleged that the CEO did not want to expand into “poor countries” like India. According to USA Today, the lawsuit was filed by former employee Anthony Pompliano, who says he was...

Legal
Man Accused Of Massive Yahoo Hack In US Denied Bail In Canada
April 13, 2017

The man accused of being involved in a massive hack of Yahoo email accounts was denied bail in Canada, delaying U.S. plans to have him extradited. According to Reuters, prosecutors argued that Karim Baratov, a Canadian citizen who was born in Kazakhstan, posed a flight...

Legal
Wells Fargo Claws Back Another $75M
April 11, 2017

Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing investigations into the company’s sales practices, namely the unauthorized accounts scandal that arose last year. On Monday, Wells Fargo’s board...