Legal

Legal
Walgreens Agrees To $60M Settlement For Overpriced Prescriptions
January 24, 2019

Walgreens has agreed to pay $60 million to settle allegations that it overcharged government healthcare plans for prescription drugs. 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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Will DOJ Ruling Put The Brakes On Legal Online Sports Betting?
January 23, 2019

As the Feb. 3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Now the operators of sports betting...

Legal
Supreme Court Dismisses Case Over CFPB Power
January 14, 2019

A challenge to the structure of the Consumer Financial Protection Bureau (CFPB) was dismissed by the U.S. Supreme Court on Monday (Jan. 14) when it declined to take up a Texas case. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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LuLaRoe Founders Accused Of Hiding Millions From Creditors
January 10, 2019

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...

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Danske, Execs Sued By US Shareholder
January 09, 2019

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...

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Uber Seeks Driver Lawsuit Settlement Before IPO
December 26, 2018

Uber, gearing up to launch an initial public offering (IPO) in the first quarter of 2019, is offering to settle with drivers who have been fighting the ride-hailing company via individual arbitration. Get the Full Story Complete the form to unlock this article and enjoy...

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Qualcomm Tells China Court Apple Still Selling Banned iPhones
December 12, 2018

Despite a court order in China barring Apple from selling some of its iPhones over a patent dispute with Qualcomm, the Cupertino, California company is still selling all of its devices in the country. Get the Full Story Complete the form to unlock this article...

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Amazon’s NYC HQ2 Sparks Legislation Over Real Estate
December 03, 2018

A Senator who represents Long Island City, where Amazon plans to build another headquarters, has drafted legislation that would essentially make it illegal to buy or sell real estate based on non-public government action, according to a report from The Wall Street Journal. Get the...

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SEC, DJ Khaled, Floyd Mayweather Settle ICO Charges
November 30, 2018

The Securities and Exchange Commission (SEC) has announced settled charges against professional boxer Floyd Mayweather Jr. and music producer DJ Khaled for their failure to disclose payments they received for promoting Initial Coin Offerings (ICOs). Get the Full Story Complete the form to unlock this...