legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Binance to Face Class Action After US Supreme Court Declines to Hear Appeal
Binance to Face Class Action After US Supreme Court Declines to Hear Appeal
January 13, 2025  |  Legal

Cryptocurrency exchange Binance and founder Changpeng Zhao are reportedly set to face a class action by investors after a Monday (Jan. 13) decision by the...

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Supreme Court Considers Staying Injunction on Corporate Transparency Act
Supreme Court Considers Staying Injunction on Corporate Transparency Act
January 10, 2025  |  SMBs

The legal battle over the implementation of the Corporate Transparency Act and its beneficial ownership reporting requirements is now taking place in the Supreme Court....

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Report: UBS Nears Settlement of US Case Involving Credit Suisse
Report: UBS Nears Settlement of US Case Involving Credit Suisse
January 09, 2025  |  Legal

UBS reportedly could settle a case this week involving Credit Suisse, which UBS acquired in 2023. The bank is set to pay hundreds of millions...

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JPMorgan Sues Greece’s Viva Wallet Over ‘Unlawful Actions’
JPMorgan Sues Greece’s Viva Wallet Over ‘Unlawful Actions’
January 09, 2025  |  Legal

The legal battle between J.P. Morgan Chase and Greece’s Viva Wallet is not over.  The Wall Street banking giant has filed a pair of lawsuits...

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Google Facing Mobile Phone Privacy Class Action Lawsuit
Google Facing Mobile Phone Privacy Class Action Lawsuit
January 08, 2025  |  Google

Tech giant Google is scheduled to be back in court Aug. 18, according to a Wednesday (Jan. 8) Reuters report. A federal judge in California...

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Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules
Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules
January 06, 2025  |  Security & Fraud

The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise,...

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CFPB Sues Vanderbilt Mortgage, Alleging It ‘Traps People in Risky Loans’
CFPB Sues Vanderbilt Mortgage, Alleging It ‘Traps People in Risky Loans’
January 06, 2025  |  CFPB

The Consumer Financial Protection Bureau sued nonbank financing company Vanderbilt Mortgage & Finance Monday (Jan. 6), saying the company made loans to consumers despite evidence...

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Apple to Settle Siri Privacy Lawsuit for $95 Million
Apple to Settle Siri Privacy Lawsuit for $95 Million
January 02, 2025  |  Legal

Apple reportedly agreed to pay $95 million to settle a privacy lawsuit centered on its voice assistant, Siri. A preliminary settlement was filed Tuesday (Dec....

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DOJ Sues FinTech Dave, Adds CEO as Defendant
DOJ Sues FinTech Dave, Adds CEO as Defendant
December 30, 2024  |  Legal

The Federal Trade Commission (FTC) has referred its previously announced federal court case against online cash advance firm Dave to the Department of Justice (DOJ)....

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