Lawsuits

Prosecutor Says US Attorney’s Office Will Pursue Fewer Crypto Cases
Prosecutor Says US Attorney’s Office Will Pursue Fewer Crypto Cases
November 15, 2024  |  Cryptocurrency

The U.S. Attorney’s Office in Manhattan reportedly will pursue fewer cases related to cryptocurrency. Scott Hartman, co-chief of the securities and commodities task force at...

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Elon Musk Adds Antitrust Claims to Lawsuit Against OpenAI
Elon Musk Adds Antitrust Claims to Lawsuit Against OpenAI
November 15, 2024  |  ANTITRUST

Elon Musk added antitrust claims against OpenAI and Microsoft to his existing lawsuit against OpenAI. Musk claimed the companies colluded to remove competition in artificial...

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FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
November 11, 2024  |  Legal & Regulation

FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. The lawsuit, filed Sunday (Nov. 10) by the FTX bankruptcy estate, centers around what FTX labeled...

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FTC Suit vs FinTech ‘Dave’ Spotlights Conflict Over Fee Disclosures and Business Models
FTC Suit vs FinTech ‘Dave’ Spotlights Conflict Over Fee Disclosures and Business Models
November 06, 2024  |  Legal & Regulation

If the past few months have shown us anything it’s that the frictions between the regulators and the regulated — in this case, FinTechs —...

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What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Legal & Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the...

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GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal & Regulation

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

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Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

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J.P. Morgan Sues TikTok Users Over ATM ‘Glitch’
J.P. Morgan Sues TikTok Users Over ATM ‘Glitch’
October 29, 2024  |  Legal & Regulation

Over the summer, a curious fad went viral on TikTok, involving Chase Bank. People were writing fake checks and depositing them into the bank’s ATMs,...

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Amazon and Google File Dual Lawsuits Against Fake Review Site
Amazon and Google File Dual Lawsuits Against Fake Review Site
October 28, 2024  |  Legal & Regulation

Amazon and Google are taking action against a website that generates fake product/business reviews. The two tech giants have filed parallel lawsuits against Bigboostup.com, accusing it of selling...

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