Lawsuit

FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
April 17, 2020  |  Legal

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP)....

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Judge Lets Bank Of America Favor SMB Clients With PPP Loans
Judge Lets Bank Of America Favor SMB Clients With PPP Loans
April 15, 2020  |  B2B Payments

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program...

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Pandemic Pricing Prompts Lawsuit Against Food Delivery Apps 
Pandemic Pricing Prompts Lawsuit Against Food Delivery Apps 
April 14, 2020  |  Delivery

Food delivery apps GrubHub, DoorDash, Postmates and Uber Eats were named in a class-action lawsuit filed in Manhattan federal court that alleges price gouging during...

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Bitcoin Daily: Crypto Scammers’ Daily Haul Drops 66 Pct Due To COVID-19; ATBCoin To Settle ICO Suit For $250,000; Gold Investor Peter Schiff Predicts Bitcoin Fall
Bitcoin Daily: Crypto Scammers’ Daily Haul Drops 66 Pct Due To COVID-19; ATBCoin To Settle...
April 12, 2020  |  Bitcoin

Cryptocurrency scams aren’t doing so hot with the current pandemic conditions, dropping in value by 61 percent between March 13 and 31. It’s recovered a...

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Zoom Faces Class Action Lawsuit Over Security, Privacy Breaches
Zoom Faces Class Action Lawsuit Over Security, Privacy Breaches
April 08, 2020  |  Legal

Investor Michael Drieu is leading a class action lawsuit against Zoom Video Communications Inc. alleging the California company’s video conferencing app has security bugs. The...

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WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
April 07, 2020  |  Legal

WeWork is not taking SoftBank Group Corp.’s withdrawal of its $3 billion offer lying down. The New York-based company has filed a lawsuit in the...

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Investors Hit Crypto Firms With Class-Action Lawsuits
Investors Hit Crypto Firms With Class-Action Lawsuits
April 06, 2020  |  Cryptocurrency

Seven cryptocurrency issuers and four crypto exchanges are facing federal class action lawsuits. Filed in U.S. District Court in Manhattan on Friday (April 3) by...

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SoftBank Abandons WeWork Deal; Lawsuit Likely
SoftBank Abandons WeWork Deal; Lawsuit Likely
April 01, 2020  |  Investments

SoftBank finally pulled out of its $3 billion deal to purchase office sharing startup WeWork, after murmurs of such last month amid the fiscal turmoil...

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Uber Files Federal Suit Against LA Over Data Demands
Uber Files Federal Suit Against LA Over Data Demands
March 25, 2020  |  Ridesharing

In an unexpected twist for a tech company, Uber has filed a federal lawsuit against the Los Angeles Department of Transportation (LADOT), one that has...

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