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Legal
SEC Investigates Former Heartland CEO For Possible Insider Trading
June 04, 2018

Federal investigators are looking into stock trades linked to the former CEO of the FinTech firm Heartland Payment Systems. 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...

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Wells Fargo Settles Sales Scandal Lawsuit; To Pay $480M
May 07, 2018

Wells Fargo announced late last week that it has agreed to pay $480 million to settle a securities fraud class-action suit. 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...

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Ripple Gets Hit With Lawsuit Over XRP Tokens
May 07, 2018

Ripple Labs, the cryptocurrency startup behind the XRP tokens, is being accused in a new lawsuit of running a scam to raise hundreds of millions of dollars via unregistered XRP coins, reported Bloomberg. Get the Full Story Complete the form to unlock this article and...

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LendingClub Gets Sued By The FTC; Stock Hits Record Low
April 25, 2018

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after it faced allegations by regulators in the U.S. that it was adding on hidden fees and charging borrowers even after...

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Supreme Court Rules Arab Bank Cannot Be Sued For Financial Involvement In Terrorist Attacks
April 25, 2018

The Supreme Court has ruled that lawsuits filed by victims of terrorist attacks and their families against Arab Bank cannot proceed. 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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Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
April 17, 2018

Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on a planned suit by Bangladesh’s central bank. Get the Full Story Complete the form to unlock this article and enjoy...

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JPMorgan Hit With Lawsuit Over Crypto Transaction Fees
April 12, 2018

JPMorgan Chase is being sued in Manhattan federal court for allegedly charging surprise fees when it stopped allowing its customers to buy cryptocurrency with credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Massachusetts Can Proceed With Lawsuit Against Equifax
April 05, 2018

A judge has ruled that the state of Massachusetts can move forward with its lawsuit against Equifax. 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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Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
March 28, 2018

A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. 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,...