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.

Morgan Stanley Will Settle Data Security Lawsuit for $60M

Morgan Stanley Will Settle Data Security Lawsuit for $60M
Morgan Stanley Will Settle Data Security Lawsuit for $60M
January 02, 2022  |  Legal & Regulation

Morgan Stanley will pay $60 million to settle a lawsuit from customers saying the bank had left their personal information exposed by not retiring outdated...

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Crypto Broker Voyager Faces Lawsuit Over Alleged Hidden Fees
Crypto Broker Voyager Faces Lawsuit Over Alleged Hidden Fees
December 29, 2021  |  Legal & Regulation

Cryptocurrency broker Voyager Digital has been hit with a proposed class action lawsuit over its alleged misleading of customers about hidden fees, Bloomberg wrote Wednesday...

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Legal Technology Sector Sees Advancements, Unicorns in 2021
Legal Technology Sector Sees Advancements, Unicorns in 2021
December 29, 2021  |  Legal & Regulation

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29). Get the Full Story Complete the...

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Apple Must Change App Store Policies, Says Dutch Antitrust Regulator
Apple Must Change App Store Policies, Says Dutch Antitrust Regulator
December 27, 2021  |  ANTITRUST

The Netherlands Authority for Consumers and Markets (ACM) ordered Apple Dec. 24 to adjust its App Store policies to allow dating app providers to be...

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Indian Tax Officials Raid Chinese Mobile Companies 
Indian Tax Officials Raid Chinese Mobile Companies 
December 22, 2021  |  Cross-border Payments

India’s Income Tax Department is carrying out a widespread crackdown on Chinese mobile companies, conducting searches at their Indian headquarters.  Get the Full Story Complete...

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Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
December 20, 2021  |  Cross-border Payments

UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). Get the...

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Four Executives Sentenced in SBA Fraud Case
Four Executives Sentenced in SBA Fraud Case
December 17, 2021  |  Cybersecurity

Four Indiana executives once associated with the now-defunct Banc-Serv Partners LLC were sentenced to prison in federal court this week. The government alleged that all...

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Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
December 17, 2021  |  Cybersecurity

Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a...

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