Legal

Legal
Wells Fargo’s Whistleblower Lawsuit Resurrected
September 08, 2017

Wells Fargo saw a federal appeals court Thursday (Sept. 7) order a federal district judge to take another look at a whistleblower lawsuit lodged against the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal
DraftKings, FanDuel Fined $2.6M For Unfair Practices
September 08, 2017

DraftKings and FanDuel will pay a combined $2.6 million as a settlement for unfair and deceptive practices affecting fantasy sports consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal
Wells Fargo Accused On Mortgage Fee Violations
August 30, 2017

A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. customers to lock in home interest rates when their mortgage applications were delayed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal
New York Regulator Fines Pakistani Bank $630M
August 29, 2017

The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state and federal laws at its only U.S. branch. Get the Full Story Complete the form to unlock this article and...

Legal
California Judge Rules Backpage.com Execs Can Be Charged With Money Laundering
August 24, 2017

A judge has ruled that money laundering charges can be brought against the creators of a website that California prosecutors label an online brothel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal
Former Uber CEO Calls Benchmark Lawsuit A ‘Public And Personal’ Attack
August 18, 2017

The ousted CEO of Uber called a lawsuit filed against him by one of the company’s top investors a “public and personal attack” without merit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal
‘Discount Clubs’ Scheme Costs Consumers Over $40 Million
August 18, 2017

A group of marketers swiped more than $40 million from the bank accounts of customers for “discount club” memberships they never agreed to join, according to a complaint filed by the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this...

Legal
WannaCry Hero Says He Didn’t Hack People’s Bank Data
August 15, 2017

Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015....

Legal
Federal Judge Rules Costco Owes Tiffany $19.4M For Selling Fake Engagement Rings
August 15, 2017

A federal judge has decided that Costco owes Tiffany & Co. $19.4 million in damages over the warehouse club chain’s illegal sale of counterfeit diamond engagement rings bearing the “Tiffany” name. Get the Full Story Complete the form to unlock this article and enjoy unlimited...