Food processing and commodities trading corporation Archer Daniels Midland (ADM) reached Wednesday (Jan. 28) a $40 million settlement with the Securities and Exchange Commission (SEC) to resolve allegations that the company defrauded investors by artificially inflating profit margins in its nutrition segment, according to The...
Google has reportedly agreed to a preliminary settlement in a class action lawsuit that alleged that the firm’s Google Assistant spied on smartphone users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Justice Department is reportedly investigating allegations that human resources company Deel recruited a spy inside rival firm Rippling. 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...
Payment processor Cliq said Monday (Jan. 19) that it will “vigorously defend” against a legal motion filed Tuesday (Jan. 13) by the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Italian Competition Authority (AGCM) launched two investigations into the Microsoft-owned gaming company Activision Blizzard, alleging that it engaged in “misleading and aggressive practices.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Oracle was reportedly sued Wednesday (Jan. 14) by bondholders who allege that the company made false and misleading statements in the offering documents for an $18 billion debt sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Capital One will reportedly pay $425 million and pay higher interest rates on certain accounts to settle a class action lawsuit alleging that depositors were cheated out of high interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Elon Musk’s suit against OpenAI has reportedly been cleared to proceed to court. 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...
Ticketmaster and its parent company Live Nation reportedly asked a federal judge Tuesday (Jan. 6) to dismiss a Federal Trade Commission (FTC) lawsuit accusing them of illegal coordination with brokers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
