Sections
Lawsuit
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1.3KLegalLyft Gets Hit With Class-Action Investor Lawsuit
Lyft’s stock inched lower in trading Monday (May 20) after investors filed a class action lawsuit against the ride-hailing startup. According to...
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1.3KB2B PaymentsGig Workers Say Instacart’s Payment Fix Limits Transparency
On-demand grocery delivery service Instacart took action earlier this year to change the way it pays gig workers, called shoppers, after a...
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3.7KLegalSupremes Greenlight Consumer Apple App Store Lawsuit
Apple was dealt a blow on Monday (May 13) after the Supreme Court ruled that an antitrust lawsuit over its App Store...
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1.6KFacebookFacebook Sues South Korean Firm For Data Misuse
Facebook has filed a lawsuit against a South Korean data analytics company for breaching its data policies for developers, as well as...
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1.5KB2B PaymentsHertz Sues Former Execs Following SEC Settlement
Rental car company Hertz is suing some of its former executives after a $16 million settlement of financial accounting violations with the U.S....
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2.1KB2B PaymentsLawsuit Accuses FLEETCOR Of Anticompetitive Payment Processing
A lawsuit filed this week by Gas Pos, a fuel station point-of-sale startup, is accusing fleet card company FLEETCOR of anticompetitive behavior...
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3.5KRegulationFinTech Charter Hits Speed Bump
The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State...
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2.0KFacebookFTC Split On Size, Scope Of Facebook Fine
With Facebook and the Federal Trade Commission in the final stages of settlement talks, disagreements between the five-member FTC panel are complicating...
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2.9KBank RegulationNY Lawsuit Against FinTech Banking Licenses Can Proceed
Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering...
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2.5KLegalCFPB Sues Credit Repair Firms Over Upfront Fees
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against a credit repair firm, its subsidiaries and associates for asking customers...
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1.9KLegalCredit Union Sues Fiserv Over ‘Baffling’ Security Lapses
Bessemer System Federal Credit Union, a financial organization in Pennsylvania, is suing financial technology company Fiserv Solutions over what it calls rampant...
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3.5KLegalInvestors Sue Lyft Over Overhyped IPO
Lyft is being sued by some investors who say the company exaggerated its market position during its IPO in March, which they...
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2.1KLegalLampert Faces Suit From Sears Holdings Corp
In the wake of the retailer’s bankruptcy, Sears Holdings Corp. has filed a lawsuit against former CEO Eddie Lampert, along with ESL...
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4.2KLegalUK Lawsuit Against Mastercard Gains Court Support
A consumer lawsuit against Mastercard in the U.K. got approval to move forward after a court reversed a ruling by the Competition...
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3.5KLegalFTC Fines Avant $3.85M For Customer Deception
The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm...
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3.3KSecurity & FraudMedical Equipment Cos Charged In $1.2B Healthcare Fraud
U.S. authorities announced that they have charged a number of individuals in connection with one of the biggest healthcare frauds ever prosecuted...
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3.4KLegalMoviePass Rival Sinemia Faces Complaints, Lawsuit
Sinemia, a subscription service similar to MoviePass, has been struggling with customer complaints and a class-action lawsuit over the way it treats...
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3.8KLegalMoneyGram, Western Union Sued Over Downed Passenger Plane
Four financial institutions are being sued over suspected ties to terrorists who shot down Malaysia Airlines Flight MH17 in 2014, according to...
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3.4KLegalWirecard Files Suit Against FT Following Investigative News Reports
German financial and payments company Wirecard has filed a lawsuit against the Financial Times for a series of articles the news organization...
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2.6KFacebookFacebook Hit With Lawsuit By HUD Over Discrimination In Ads
Facebook has been hit with a lawsuit by the Department of Housing and Urban Development over running real estate ads that discriminated against...
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3.5KAppleUS Judge: Apple Infringed On Patent, Should Face Import Ban
A U.S. judge ruled against Apple on Tuesday (March 26), and said the company infringed on one of chipmaker Qualcomm’s patents, according...
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4.4KRetailSupreme Court Denies Zappos’ Request To Throw Out Class-Action Suit
The United States Supreme Court has rejected an appeal by online shoe company Zappos over a data breach in 2012 that compromised...
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3.6KLegalLawsuit: Peloton Used 1,000+ Songs Illegally
The National Music Publishers’ Association (NMPA) is suing streaming exercise bike company Peloton, saying the service used upwards of 1,000 songs without...
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3.2KFacebookFacebook Ends Discriminatory Practices In Ads After Lawsuits
Facebook will stop allowing ad buyers to target by age, gender or ZIP code when offering credit, employment or housing, according to...
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3.2KGoogleMississippi AG Preps Antitrust Suit Against Google
The Mississippi Attorney General (AG) revealed that his office is preparing an antitrust case against Google, accusing the tech giant of controlling...
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6.9KSecurity & FraudInvestors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal
An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to...
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2.9KFacebookFacebook Lawsuit Goes After Sellers Of Fake Accounts
To tackle “fraudulent activity” on its platform, Facebook and Instagram are suing four companies and individuals in China. The case is over...
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3.4KLegalBlackBerry Files Patent Infringement Lawsuit Against Twitter
BlackBerry, the once-maker of the BlackBerry mobile phone, has filed a lawsuit against Twitter contending the social media platform operator engaged in...
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10.9KBankingVisa, Mastercard, Banks Settle Card Fee Lawsuit
In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank...
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3.1KAppleQualcomm Calls For US Import Ban On Some iPhone Models
Qualcomm is calling on trade regulators in the U.S. to overturn a ruling by a judge and prevent the import of Apple...
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2.5KRidesharingUber Sues City Of New York To Get Driver Cap Lifted
Uber, the ride-hailing startup, filed a lawsuit against the city of New York last week seeking to overturn a rule that puts...
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7.3KRetailWalmart, Six Other Retailers See Judge Dismiss Shoplifting Lawsuit
Walmart and six other retailers saw a federal judge toss out a lawsuit that accused the group of forcing shoplifters to take...
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4.4KNewsDoorDash, Amazon Flex Not Altering Driver Payment Structures
DoorDash and Amazon Flex are not taking a page from Instacart when it comes to using tips from delivery workers to meet...
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5.0KSecurity & FraudWirecard Sues ‘Financial Times’ For Defamation
German payments company Wirecard saw its shares drop 10 percent on Friday (Feb. 8) following a raid by Singapore police on its...
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3.1KGig EconomyInstacart Overhauls Worker Pay Post-Scrutiny
Instacart has announced changes to the way it pays its workers as it faces a class-action lawsuit over how it handles tips earned...
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5.0KGig EconomyInstacart Faces Lawsuit Over Shoppers’ Tips
Instacart, the delivery on demand service, is facing a class-action lawsuit over how it handles tips earned by drivers. According to a...
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5.9KSecurity & FraudSWIFT To Assist Bangladesh Bank After $81M Hack
SWIFT global payments network has agreed to help Bangladesh Bank rebuild its infrastructure after hackers stole $81 million in 2016. The funds were...
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3.6KLegalNY Federal Reserve Partners With Bangladesh Bank To Sue Over $81M Hack
The Federal Reserve Bank of New York announced that it will formally assist Bangladesh Bank in a lawsuit to recover funds stolen...
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4.2KLegalRBS Slapped With Lawsuit Over Frozen Accounts
The Royal Bank of Scotland (RBS) is being sued by an unnamed British payments company over allegations that RBS froze accounts on...
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4.7KLegalBangladesh To Sue Philippine Bank RCBC In Alleged $81M Cyber Robbery
The Bangladesh central bank governor said the country is going to file a lawsuit against Philippine bank Rizal Commercial Banking Corp (RCBC)...
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2.2KB2B PaymentsNew Mexico Lawsuit Sparks Marijuana Business Tax Debate
Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate...
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3.2KLegalMunchery Sued By Ex-Employees Over Shutdown
A new class-action lawsuit wants failed meal delivery company Munchery to pay its former employees 60 days’ worth of back wages. The...
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4.9KBiometricsSix Flags Biometrics Ruling Could Affect Facebook, Google
The Supreme Court in Illinois ruled on Friday (Jan. 25) that a teen can sue Six Flags amusement park over violation of...
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4.0KLegalWalgreens Agrees To $60M Settlement For Overpriced Prescriptions
Walgreens has agreed to pay $60 million to settle allegations that it overcharged government healthcare plans for prescription drugs. The settlement, which...
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3.5KRegulationAustrian Lawyer Files Complaint Against Tech Firms Over GDPR
An Austrian lawyer has filed a complaint against eight tech giants, including Amazon, Apple, Netflix, Spotify and You Tube, for failing to...
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4.5KeCommerceIndian eCommerce Sellers To Appeal Flipkart-Leaning Ruling
All India Online Vendors Association, a trade group representing online merchants in India, vowed to appeal a ruling by the Competition Commission...
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3.7KNewsFive At Five: U.S. Banks Notch Big Victory
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news about recent bank...
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3.7KLegalLuLaRoe Founders Accused Of Hiding Millions From Creditors
A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid...
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4.5KLegalDanske, Execs Sued By US Shareholder
A New York pension fund is suing Danske Bank and four former executives, accusing the bank of lying to investors and boosting...
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7.4KGoogleGoogle Facial Recognition Lawsuit Thrown Out
A lawsuit against Google was dismissed over the weekend after a U.S. judge said there was a lack of “concrete injuries” suffered...
