Legal

Legal
Fortnite Creator Epic Games Files Apple Complaint With UK’s CMA
March 30, 2021

Fortnite creator Epic Games filed an official complaint with the U.K. Competition and Markets Authority (CMA) as a way to voice solidarity in the antitrust regulator’s investigation into Apple, Reuters reported on Tuesday (March 30). Get the Full Story Complete the form to unlock this article...

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Mobile Savings App Beam Refunds Deposits; Shut Down By FTC
March 29, 2021

Mobile savings app Beam has shut down after reaching a tentative settlement with the Federal Trade Commission (FTC) over a case last year in which dozens of customers had trouble extracting their money, CNBC reported. Get the Full Story Complete the form to unlock this...

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Mastercard Says ‘No’ To Compound Interest In $19 Billion Class-Action Suit
March 26, 2021

Already facing a historic $19 billion class-action suit in the U.K., Mastercard is fighting an attempt to add compound interest to the plaintiff’s claim. According to Reuters, the credit card company pushed back against the notion of compound interest in court this week during a...

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Ripple Asks Court To Deny SEC’s Demand For Personal Finance Info
March 12, 2021

Two Ripple executives have sent a letter to the Southern District Court in New York requesting that subpoenas for personal finance information from the U.S. Security and Exchange Commission (SEC) be denied. The SEC filed a lawsuit against the company last year. Get the Full...

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More Tech Firms Pulled Into Battle Between Apple And Epic Games
February 25, 2021

More technology companies are joining either side of the legal battle between Epic Games, the maker of Fortnite, and Apple, with PC games giant Valve being the latest firm to get caught up in the melee, The Wall Street Journal reported on Thursday (Feb. 25). Get...

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Judge Says Robinhood 2020 Trading Outages Suit Can Proceed
February 18, 2021

Robinhood faces more legal troubles as a judge has refused to throw out a lawsuit alleging customers lost money during outages in March 2020, Bloomberg reported Thursday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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‘Roaring Kitty’ Faces Lawsuit Over GameStop Stock Events
February 17, 2021

Keith Gill, or “Roaring Kitty” as he was known online, has been sued for securities fraud for allegedly misrepresenting himself as an amateur investor amid the GameStop controversy, Bloomberg reported on Wednesday (Feb. 17). Get the Full Story Complete the form to unlock this article...

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Apple Faces EU Complaint Filed By Fortnite’s Epic Games
February 17, 2021

Epic Games, the developer of the popular game Fornite, among others, has filed an antitrust complaint against Apple in the European Union (EU) in an effort to fight for a more balanced playing field for developers and consumers. Get the Full Story Complete the form...

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Citi Loses Suit To Recoup $500 Million In Mistakenly Transferred Funds
February 16, 2021

Citigroup’s erroneous sending of a half-billion dollars to Revlon lenders can’t be recouped, U.S. District Judge Jesse Furman in New York ruled on Tuesday (Feb. 16), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...