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...
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...
Despite Tesla Chief Executive Elon Musk’s early October tweet in which he called the Securities and Exchange Commission (SEC) the “Shortseller Enrichment Commission,” SEC Chairman Jay Clayton said the issue is settled. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Apple’s attempt to get the Supreme Court to toss out a lawsuit over allegations of antitrust actions with its App Store could be souring, amid reports that the court justices seemed open to letting the suit proceed. Get the Full Story Complete the form to...
The Illinois Supreme Court is set to hear arguments that will help it determine when consumers can take action under the Biometric Information Privacy Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Blue Apron employees have filed a class-action lawsuit against the company over a variety of alleged labor law violations. According to BuzzFeed News, the suit, filed in October by former Blue Apron employee Rashida Fairley on behalf of all hourly employees, alleges that workers weren’t...
Société Générale S.A. of Paris, France has agreed to pay U.S. federal and state authorities $1.34 billion to resolve legal disputes due to the firm’s violations of U.S. sanctions against Cuba and other countries. Get the Full Story Complete the form to unlock this article...
A New York man charged in the first fraud prosecution involving initial coin offerings has pleaded guilty to lying to about 1,000 investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ripple, the cryptocurrency startup behind the XRP tokens, and its affiliated defendants have filed documents to move a consolidated class action lawsuit to federal court. According to CoinDesk, Ripple lawyers want the suit to be moved from its previous venue at the San Mateo Superior Court...
