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Legal
Court Allows Parts of Proposed Robinhood Class Action Case
August 11, 2022

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...

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FleetCor Says It Will Appeal Court’s Decision in Fuel Card Case Brought by FTC
August 10, 2022

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...

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Fourth BitMEX Figure Pleads Guilty to Failing to Implement AML, KYC Programs
August 09, 2022

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...

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Report: Experian Faces Class-Action Lawsuit Over Security Concerns
August 07, 2022

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 —...

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Bankruptcy Court Says Voyager Digital Can Return $270M to Customers
August 05, 2022

Cryptocurrency firm Voyager Digital has received approval from the U.S. Bankruptcy Court in New York to return $270 million in cash to its customers, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Coinbase to Supreme Court: Stop 2 User Lawsuits in Crypto Cases
August 03, 2022

Coinbase Global wants the U.S. Supreme Court to end two users’ lawsuits against the cryptocurrency exchange until the company is done with its appeals that it hopes will send those cases to arbitration. Get the Full Story Complete the form to unlock this article and...

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Chinese Grocery Service Missfresh Faces Multiple Lawsuits
August 02, 2022

Chinese grocery delivery company Missfresh is facing lawsuits from both laid-off employees and investors, alleging unpaid salaries and violations of securities laws. 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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FTC Takes Action Against First American’s ‘Zombie Charges’
July 29, 2022

The Federal Trade Commission has accused payment processor First American Payment Systems and two of its sales affiliates of “trapping small businesses with hidden terms, surprise exit fees, and zombie charges.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: FTC Staff Objected to Chair’s Decision to Sue Meta
July 29, 2022

The head of the Federal Trade Commission (FTC) reportedly led a vote to sue Meta Platforms earlier this week over the objections of the commission’s staff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...