Legal

Legal
Snap Shareholders Can Pursue Lawsuit
June 11, 2018

Snap Inc. (NYSE: SNAP), the maker of the disappearing messaging app Snapchat, saw a court ruling that gave investors the green light to pursue a lawsuit involving its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy...

Legal
Washington AG Sues Google, Facebook Over Political Ads
June 06, 2018

The Washington Attorney General is suing Facebook and Google over political ads that ran in the state. 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...

Legal
State Street Corp. Ex-EVP Accused Of Wire Fraud
June 05, 2018

A former executive at State Street Corp. is set to stand trial for allegedly defrauding the bank’s clients by charging them secret commissions on billions of dollars in trades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal
Will Dynamic Pricing Change How Automotive Parts are Sold?
June 04, 2018

Dynamic pricing has produced more than $1 billion in revenue for automakers over the last decade, according to a report from Reuters this week (June 3). The account of that earnings boost not only reveals how the process works, but raises questions about how the...

Legal
SEC Investigates Former Heartland CEO For Possible Insider Trading
June 04, 2018

Federal investigators are looking into stock trades linked to the former CEO of the FinTech firm Heartland Payment Systems. 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...

Legal
Wells Fargo Settles Sales Scandal Lawsuit; To Pay $480M
May 07, 2018

Wells Fargo announced late last week that it has agreed to pay $480 million to settle a securities fraud class-action suit. 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...

Legal
Ripple Gets Hit With Lawsuit Over XRP Tokens
May 07, 2018

Ripple Labs, the cryptocurrency startup behind the XRP tokens, is being accused in a new lawsuit of running a scam to raise hundreds of millions of dollars via unregistered XRP coins, reported Bloomberg. Get the Full Story Complete the form to unlock this article and...

Legal
LendingClub Gets Sued By The FTC; Stock Hits Record Low
April 25, 2018

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after it faced allegations by regulators in the U.S. that it was adding on hidden fees and charging borrowers even after...

Legal
Supreme Court Rules Arab Bank Cannot Be Sued For Financial Involvement In Terrorist Attacks
April 25, 2018

The Supreme Court has ruled that lawsuits filed by victims of terrorist attacks and their families against Arab Bank cannot proceed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...