Legal

Legal
Judge Rejects Social Media Companies’ Efforts to Dismiss Lawsuits
November 14, 2023

A federal judge in Oakland, California, has ruled against major social media companies, rejecting their efforts to dismiss nationwide litigation accusing them of illegally enticing and addicting millions of children to their platforms. Get the Full Story Complete the form to unlock this article and...

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FTX and BlockFi Get Permission to Begin Settlement Talks
November 14, 2023

A federal judge said cryptocurrency firms FTX and BlockFi can begin discussing a settlement. 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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Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
November 13, 2023

Class-action settlements often involve websites with information for the class members. 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...

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Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023

A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Former Bitwise Industries Co-CEOs Charged by SEC for Misleading Investors
November 09, 2023

The Securities and Exchange Commission (SEC) has announced charges against the former co-CEOs of Bitwise Industries, a private technology services startup based in Fresno, California.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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SBF Conviction Could Fuel FTX Celebrity Lawsuits
November 07, 2023

The criminal case against FTX founder Sam Bankman-Fried reached its climax last week. 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....

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FTC Bars Chargebacks911 From Using Deceptive Practices
November 07, 2023

The Federal Trade Commission (FTC) and “chargeback mitigation” company Chargebacks911 have reached a settlement to prevent the company from engaging in deceptive practices. 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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Bankman-Fried Guilty on All Counts in Crypto King’s Final Collapse 
November 02, 2023

That’s all she wrote.  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 to receive marketing...

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FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
November 02, 2023

The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing strategies to enhance its profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...