Legal

Legal
SEC: Ex-Equifax Manager Guilty Of Insider Trading
June 29, 2018

The Securities and Exchange Commission (SEC) announced it has charged a former Equifax manager with engaging in insider trading before the company announced its massive data breach last year. This is the second case the SEC has filed in the aftermath of the breach. In March, the...

Legal
Exactis Data Breach Sparks Class Action Lawsuit
June 29, 2018

The first class action lawsuit against Exactis has been filed in response to the company’s massive data breach that exposed the private information of more than 200 million U.S. consumers and 110 million business contacts. The marketing and data aggregation firm was the subject of a...

Legal
GDPR Sparks Privacy Regulation Efforts In The U.S.
June 28, 2018

Everyone’s always talking about online privacy, but this past week or so has brought a meaningful uptick in that ongoing discussion, including a debate that could shape privacy regulations throughout the United States. Such is life in the post-GDPR world. Get the Full Story Complete...

Legal
Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit
June 28, 2018

More than a decade after merchants brought a class-action suit against Mastercard, Visa and card-issuing banks in 2005, a settlement between the parties is reportedly in the works. While it is not known how the payment would be split, the card networks and a number...

Legal
RetailMeNot Sues Honey Science Corp. For Patent Infringement
June 28, 2018

RetailMeNot announced that it has filed a patent infringement lawsuit against Honey Science Corp. 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 daily newsletter, PYMNTS...

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Bank Of America Accused Of Aiding $102M Ponzi Scheme
June 27, 2018

Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. According to Bloomberg, the class-action suit, Heinert v. Bank of America, N.A., was filed in U.S. District Court, Middle District of...

Legal
Supreme Court: Amex Anti-Steering Does Not Run Afoul Of Antitrust Law
June 25, 2018

And so, the two-sided market lives on. 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 daily newsletter, PYMNTS Today. By completing this form, you agree...

Legal
US Supreme Court Gives The Green Light For Online Sales Taxes
June 21, 2018

States can collect sales taxes from online retailers thanks to a U.S. Supreme Court ruling on Thursday (June 21) that addressed one of the most controversial and longstanding issues in eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal
Silk Road Mentor Being Extradited To US
June 18, 2018

Five years after Silk Road shut down, one of its alleged advisers is being extradited to the U.S. to face newly unsealed charges for his role in the operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...