Lawsuit

FTX Has Enough Cash to Repay Creditors in Full

FTX Has Enough Cash to Repay Creditors in Full
FTX Has Enough Cash to Repay Creditors in Full
May 08, 2024  |  Cryptocurrency

Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5...

READ MORE >
NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
February 07, 2024  |  Legal & Regulation

New York Community Bank (NYCB) is the target of a class-action lawsuit alleging securities fraud. The lawsuit comes after the bank acquired certain assets of...

READ MORE >
Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal & Regulation

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider...

READ MORE >
FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
November 02, 2023  |  Legal & Regulation

The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing strategies to enhance its profits. The...

READ MORE >
Apple Must Face Antitrust Suit Over Apple Pay
Apple Must Face Antitrust Suit Over Apple Pay
September 28, 2023  |  Mobile Commerce

Apple must face a lawsuit accusing it of illegally hindering competition for its payment wallet. A federal judge on Wednesday (Sept. 27) allowed a private...

READ MORE >
DOJ Accuses eBay of Selling Products That Violate Environmental Laws
DOJ Accuses eBay of Selling Products That Violate Environmental Laws
September 27, 2023  |  eCommerce

The United States Justice Department has filed a complaint against eBay, accusing the online marketplace of unlawfully selling and distributing products that violate environmental regulations. The complaint, filed...

READ MORE >
Report: FTC to Sue Amazon for Antitrust Violations Next Week
Report: FTC to Sue Amazon for Antitrust Violations Next Week
September 22, 2023  |  Retail

The Federal Trade Commission (FTC) is reportedly expected to file a lawsuit against Amazon for antitrust violations next week. The anticipated antitrust complaint, which will be filed in federal...

READ MORE >
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
September 18, 2023  |  Cybersecurity

FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said...

READ MORE >