To settle charges of insider trading, the ex-chief executive of Heartland Payment Systems Inc. agreed to pay a civil fine of $250,628. With his agreement to the settlement, which was filed this week in Connecticut, Robert Carr didn’t admit or deny wrongdoing, Reuters reported. Get...
Zillow has filed two lawsuits against Compass, accusing its rival of stealing Seattle-based Zillow’s intellectual property, as well as hiring employees who violated their non-compete agreements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Lyft is being sued by some investors who say the company exaggerated its market position during its IPO in March, which they say led to a shedding of stock value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The legal battle between Apple and Qualcomm is over, and UBS is estimating the iPhone maker paid Qualcomm in the neighborhood of between $5 billion and $6 billion to end the dispute, according to a report by CNBC. Get the Full Story Complete the form...
In the wake of the retailer’s bankruptcy, Sears Holdings Corp. has filed a lawsuit against former CEO Eddie Lampert, along with ESL Investments and former directors. The suit comes following Lampert’s February purchase of most of its assets for $5.2 billion, Reuters reported. Get the Full...
A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had prior knowledge of a forthcoming damaging article written by the Financial Times, according to Reuters. Get the Full Story Complete the form...
A consumer lawsuit against Mastercard in the U.K. got approval to move forward after a court reversed a ruling by the Competition Appeal Tribunal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers and used other illegal tactics. Specifically, the FTC said Avant “advertised that it would take payments by credit or debit...
Law enforcement agencies around the country are increasingly going after search warrants to obtain information from Google, based on the location data of phones near crimes, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
