Sections
Lawsuit
-
Security & 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...
-
Gig 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...
-
Gig 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...
-
Security & 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...
-
LegalNY 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...
-
LegalRBS 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...
-
LegalBangladesh 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)...
-
B2B 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...
-
LegalMunchery 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...
-
BiometricsSix 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...
-
LegalWalgreens 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...
-
RegulationAustrian 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...
-
eCommerceIndian 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...
-
NewsFive 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...
-
LegalLuLaRoe 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...
-
LegalDanske, 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...
-
GoogleGoogle 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...
-
BitcoinBitcoin Daily: Italy Develops Blockchain Strategy; Self-Proclaimed Bitcoin Creator Denied Lawsuit Dismissal
Italy’s Ministry of Economic Development has published a list of 30 experts who have been tasked to develop the country’s blockchain strategy....
-
RidesharingCourt Tells Grab To Pay Vietnam Taxi Operator For Lost Business
Grab, the leading ride-hailing company in Southeast Asia, was ordered by a court in Vietnam to pay $206,985 — or 4.8 billion...
-
LegalUber Seeks Driver Lawsuit Settlement Before IPO
Uber, gearing up to launch an initial public offering (IPO) in the first quarter of 2019, is offering to settle with drivers...
-
FacebookFacebook Shares Fall 7.3 Pct Post-DC Lawsuit
With the news of a lawsuit against Facebook (FB) by prosecutors in the District of Columbia, the social media company’s shares slid significantly...
-
FacebookDC AG Sues Facebook Over Data Collection
Prosecutors in Washington, DC, are suing Facebook over stolen user data related to the Cambridge Analytica scandal, according to reports. The DC...
-
AmazonWilliams-Sonoma Sues Amazon Over Private Label Brand
Williams-Sonoma, a retail outlet that sells kitchenware and furnishings, has sued Amazon over a chair that is “strikingly similar” to the company’s...
-
Security & FraudAriseBank To Pay $2.3M Over ICO Violations
AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million,...
-
Security & FraudDell Reset All Customer Passwords After Attempted Data Hack
Dell announced that it reset passwords for all accounts on its online electronics store after it stopped hackers from trying to steal customer...
-
LegalSupreme Court Justices Hear Apple Antitrust Appeal
Apple’s attempt to get the Supreme Court to toss out a lawsuit over allegations of antitrust actions with its App Store could...
-
LegalUS Biometrics Law Tested By Six Flags Lawsuit
The Illinois Supreme Court is set to hear arguments that will help it determine when consumers can take action under the Biometric...
-
LegalBlue Apron Hit With Employee Labor Lawsuit
Blue Apron employees have filed a class-action lawsuit against the company over a variety of alleged labor law violations. According to BuzzFeed...
-
AppleApple Antitrust Lawsuit Heads To Supreme Court
Apple’s antitrust case over monopolizing the market for iPhone apps goes before the U.S. Supreme Court on Monday, when the nine justices...
-
Security & FraudGoldman Sued Over 1MBD Scandal
Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The...
-
Sizzle/FizzleFizzle Of The Week: The Cannabis Payments Conundrum
While the legalization of marijuana is a contentious political topic, a fact that is not contentious is that in the 33 U.S. states...
-
IPOSnap Subpoenaed By DOJ, SEC Over IPO Disclosures
Snap, the maker of the disappearing SnapChat app, has been subpoenaed by the U.S. Justice Department and the Securities and Exchange Commission....
-
LegalRipple, XRP Investors Lawsuit Heads To Federal Court
Ripple, the cryptocurrency startup behind the XRP tokens, and its affiliated defendants have filed documents to move a consolidated class action lawsuit to...
-
LegalAT&T, T-Mobile Sued Over Mobile Crypto Thefts
Silver Miller — America’s leading cryptocurrency investor law firm — announced it has filed lawsuits against AT&T and T-Mobile on behalf of crypto asset...
-
Data DiveData Dive: Walking The Walk Edition
There is an election in the U.S. tomorrow, a hotly contested one on many fronts. In the months leading up to it,...
-
LegalWinklevoss Twins Sue Charlie Shrem Over Bitcoin Theft
The Winklevoss twins have filed a lawsuit against Charlie Shrem, accusing him of pocketing funds to purchase bitcoin for himself. The New...
-
LegalWalmart Synchrony Lawsuit Has Been Filed
Walmart filed a lawsuit against Synchrony Financial, its credit card issuer for years, contending a breach of contract. The Wall Street Journal,...
- Legal
Carl Icahn Sues Dell Over Plan To Go Public
Dell Technologies got slapped with a lawsuit by activist investor Carl Icahn Thursday (Nov. 1) over what the investor contends is a lack...
-
B2B PaymentsSMBs Ramp Up Legal Fight Against New Virgin Money Owner CYBG
CYBG, which recently acquired Virgin Money with plans to ramp up small business lending, is facing a heightened legal challenge from small...
-
B2B PaymentsState Bank Regs File Suit To Block OCC’s Bank Charter
More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank...
-
CFPBCFPB, Payday Lender Cash Express Settle Lawsuit
The Consumer Financial Protection Bureau (CFPB) has announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution...
-
B2B PaymentsSupplier Sues Sears Over Alleged Unpaid Invoices
Reports that Sears was halting its payment to suppliers ahead of its anticipated bankruptcy may be just the beginning of vendor trouble...
-
Sizzle/FizzleeBay, Amazon And eTail’s Royal Rumble
To steal a phrase from the movie Network, eBay is mad as hell, and is not going to take it anymore. The target...
-
Security & FraudUber Agrees To Pay $145M Fine To Settle Data Breach Lawsuit
California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. 26) that they have reached a...
-
B2B PaymentsFinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters
From Abu Dhabi to Singapore, government efforts are underway to court FI/FinTech collaborations. In NY, salvos of lawsuits are being lobbed over...
-
NewsFive At Five: Amazon’s Data Scandal
Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes the latest on Amazon’s brewing...
-
Security & FraudAltaba Sells Yahoo Japan Stake; Settles Yahoo Data Breach Lawsuits For $47M
Altaba, the holding company for Yahoo assets, announced on Monday (Sept. 17) that it has sold the remaining shares of Yahoo Japan....
-
RetailCrate & Barrel Plans Full-Service Restaurant
Crate & Barrel, the home decor retailer, is adding a full-service restaurant to its Chicago store. According to a report in the...
-
CFPBCFPB Sues Cos Making Loans Against Future Pension Payments
The Consumer Financial Protection Bureau (CFPB) announced that it has filed a complaint against multiple parties, accusing them of making loans against...
-
B2B PaymentsRipple, R3 Settle Legal Dispute Over XRPs
One year after news surfaced that blockchain companies Ripple Labs and R3 HoldCo were engaged in a legal dispute, the lawsuit has...
