Legal

Legal
Amazon Prevails In Domain Name Fight With LATAM
May 20, 2019

Amazon has won a lengthy fight against eight Latin American countries for the provisional ability to use the .amazon domain name, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Lyft Gets Hit With Class-Action Investor Lawsuit
May 20, 2019

Lyft’s stock inched lower in trading Monday (May 20) after investors filed a class action lawsuit against the ride-hailing startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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CFPB Sues Debt-Collection Agency Over Deception Allegations
May 17, 2019

The Consumer Financial Protection Bureau (CFPB) said Friday (May 17) that it has filed a lawsuit in federal court against a debt-collection agency that, the agency said, violated the Fair Debt Collection Practices Act. Get the Full Story Complete the form to unlock this article and...

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Pew Blasts CFPB Payday Lending Proposal
May 16, 2019

As the Consumer Financial Protection Bureau (CFPB) wades through the public comments about rules regarding payday lending, The Pew Charitable Trusts has weighed it with its own letter, this one urging the federal agency to reconsider the path its own. The letter is the latest...

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Battle Over Payday Lending Shifts To Public Comments
May 14, 2019

The battle over payday lending — specifically, how tough U.S. federal rule will be in governing the industry — is heating up as an important deadline looms. Letters favorable to the payday lending industry reportedly are flooding in to authorities before the May 15 cutoff for public...

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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...