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Legal
Autonomy’s Ex-CFO Gets Five Years For Accounting Fraud
May 14, 2019

The former CFO of Autonomy has been sentenced to five years in prison for accounting fraud. 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...

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Supremes Greenlight Consumer Apple App Store Lawsuit
May 13, 2019

Apple was dealt a blow on Monday (May 13) after the Supreme Court ruled that an antitrust lawsuit over its App Store practices can move forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Chinese National Charged In Anthem Data Breach
May 10, 2019

U.S. prosecutors have charged a Chinese national for his alleged involvement in the 2015 data breach at health insurance company Anthem, which led to the theft of 78.8 million records. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
May 08, 2019

It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result...

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Former Danske Chief Charged In Money Laundering Scandal
May 08, 2019

Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. 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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CFPB Sues Credit Repair Firms Over Upfront Fees
May 02, 2019

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against a credit repair firm, its subsidiaries and associates for asking customers to pay upfront fees, it announced Thursday (May 2). The CFPB filed a complaint against PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc.,...

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Credit Union Sues Fiserv Over ‘Baffling’ Security Lapses
April 29, 2019

Bessemer System Federal Credit Union, a financial organization in Pennsylvania, is suing financial technology company Fiserv Solutions over what it calls rampant billing errors, significant bugs and “baffling” security lapses, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Former Heartland CEO Agrees To $250K SEC Fine
April 26, 2019

To settle charges of insider trading, the ex-chief executive of Heartland Payment Systems Inc. agreed to pay a civil fine of $250,628. With his agreement to the settlement, which was filed this week in Connecticut, Robert Carr didn’t admit or deny wrongdoing, Reuters reported. Get...

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Zillow Sues Competitor Compass Over IP Theft
April 22, 2019

Zillow has filed two lawsuits against Compass, accusing its rival of stealing Seattle-based Zillow’s intellectual property, as well as hiring employees who violated their non-compete agreements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...