Lyft is being sued by some investors who say the company exaggerated its market position during its IPO in March, which they say led to a shedding of stock value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The legal battle between Apple and Qualcomm is over, and UBS is estimating the iPhone maker paid Qualcomm in the neighborhood of between $5 billion and $6 billion to end the dispute, according to a report by CNBC. Get the Full Story Complete the form...
In the wake of the retailer’s bankruptcy, Sears Holdings Corp. has filed a lawsuit against former CEO Eddie Lampert, along with ESL Investments and former directors. The suit comes following Lampert’s February purchase of most of its assets for $5.2 billion, Reuters reported. Get the Full...
A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had prior knowledge of a forthcoming damaging article written by the Financial Times, according to Reuters. Get the Full Story Complete the form...
A consumer lawsuit against Mastercard in the U.K. got approval to move forward after a court reversed a ruling by the Competition Appeal Tribunal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers and used other illegal tactics. Specifically, the FTC said Avant “advertised that it would take payments by credit or debit...
Law enforcement agencies around the country are increasingly going after search warrants to obtain information from Google, based on the location data of phones near crimes, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A federal jury has convicted two Romanian cybercriminals of infecting computers with malware in order to steal credit card and other information that resulted in the loss of millions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Federal prosecutors have hit actress Lori Loughlin, her husband, Mossimo Giannulli, and 14 other parents with additional charges related to the college admissions bribery case. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
