Legal

Legal
BOA Pays $66.6M To Settle Overdraft Fees Lawsuit
November 03, 2017

Bank of America has reached a settlement in a lawsuit over extended overdraft fees, agreeing to pay consumers $66.6 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Florida Bitcoin Exchange Schemer Gets 16 Months
October 23, 2017

A software engineer from Florida was slapped with a 16-month prison term late last week after a court found him guilty of scamming to aid an illegal bitcoin exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Scott Tucker To Appeal Payday Lending Conviction
October 16, 2017

Kansas City businessman Scott Tucker was found guilty on racketeering charges for interest rates of as much as 700 percent on short-term loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Russia Claims Decision To Extradite Bitcoin Fraud Suspect To US Violates Law
October 06, 2017

Russia is alleging that a Greek court’s decision to extradite a suspected Russian money launderer to the United States is a violation of international law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Even Mr. Monopoly Can’t Save Equifax CEO
October 05, 2017

And so, the stately marbled floors of Congress resounded with the footfalls of the Monopoly money guy. 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...

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Payday Lending Viewed From Inside A NY Courtroom
October 04, 2017

The payday lending and debt collection industry is controversial, to say the least, and it is getting a day in court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Equifax Gets Slapped With Subpeona From New York Regulator
September 28, 2017

Equifax is facing yet another legal woe from its massive data breach. This time, New York State’s financial services regulator has issued a subpoena to the company, demanding that it provide more information about the leak. Get the Full Story Complete the form to unlock...

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Uber Sued By Shareholders Claiming Fraud
September 27, 2017

A handful of Uber shareholders filed a lawsuit against the company and its former chief executive for what they claim is the covering up of illegal business tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Summit Credit Union Sues Equifax
September 22, 2017

The hits just keep coming for Equifax: Summit Credit Union has filed a lawsuit against the credit reporting agency in response to the massive data breach that compromised the personal data of around 143 million people. Get the Full Story Complete the form to unlock...