Walmart on Monday (Aug. 29) asked a federal court to dismiss a Federal Trade Commission lawsuit against the retailer, calling the case “an egregious instance of agency overreach.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A class action was filed against mobile payments company Cash App Investing and its parent Block over “negligent” behavior related to the December 2021 data breach that allegedly compromised the personal information of 8.2 million former and current users. Get the Full Story Complete the form...
Billionaire Mark Cuban is being sued over allegations that he misled investors to put money into now-bankrupt crypto lender Voyager Digital, a class-action lawsuit filed in Miami states, calling the platform “a massive Ponzi scheme.” Get the Full Story Complete the form to unlock this...
The federal Commodities Figure Trading Commission (CFTC) filed civil charges against an Ohio man and his three companies, alleging he perpetuated a digital asset trading scam much like a “Ponzi scheme” that bilked would-be investors of at least $12 million. Get the Full Story Complete...
The Federal Trade Commission (FTC) is sending over $9.7 million in payments to 61,990 customers who the FTC said were charged hidden fees from LendingClub, an FTC press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Investors will be allowed to pursue some of their claims against Robinhood Markets Inc. stemming from a 2021 GameStop frenzy, a federal judge in Miami ruled, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global business payments company FleetCor has announced that it will appeal the ruling in a case involving the company’s fuel card business in the U.S. brought by the U.S. Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this article and...
In the fourth admission to violations of U.S. law among top figures at BitMEX, the crypto exchange’s former head of development pleaded guilty to failing to put compliance programs in place. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
