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.

Pioneer Bank Sues For Lost $34 Million In ValueWise Scandal
Pioneer Bank Sues For Lost $34 Million In ValueWise Scandal
December 06, 2020  |  B2B Payments

Pioneer Bank has joined the number of firms filing lawsuits over the continuing and complex MyPayrollHR/ValueWise scandal, which a report from the Daily Gazette calls...

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Despite Cannabis Win, Legality Still Unlikely For Now
Despite Cannabis Win, Legality Still Unlikely For Now
December 04, 2020  |  Legal

While cannabis scored a big win Friday (Dec. 4) with the U.S. House of Representatives passing a bill to legalize it, legal weed still isn’t...

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Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
December 03, 2020  |  Legal

The ongoing case of Citigroup‘s accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake...

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Deutsche Bank, EY Linked To Germany’s Wirecard Investigation
Deutsche Bank, EY Linked To Germany’s Wirecard Investigation
November 29, 2020  |  Security & Fraud

Deutsche Bank and its head of accounting Andreas Loetscher are now in the scope of the Wirecard investigation over Loetscher’s previous role at EY, the...

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Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
November 26, 2020  |  Legal

Financial services trade groups are on Citigroup‘s side in the case of the $900 million the bank accidentally sent to creditors last August, Bloomberg reported...

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EY Pressured To Testify About Role In Wirecard Scandal
EY Pressured To Testify About Role In Wirecard Scandal
November 25, 2020  |  Legal

EY is increasingly finding itself on the hot seat as German lawmakers and investigators dig deeper into the collapse of payments giant Wirecard, whose books...

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Amazon Rolls Out IP Accelerator In Europe To Prevent Counterfeits
Amazon Rolls Out IP Accelerator In Europe To Prevent Counterfeits
November 25, 2020  |  Retail

To help small companies safeguard their brands and tackle counterfeits, Amazon has rolled out Intellectual Property Accelerator (IP Accelerator) in Germany, France, Spain, Italy, the...

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Second Google Lawsuit May Be Filed Next Month By State AGs
Second Google Lawsuit May Be Filed Next Month By State AGs
November 23, 2020  |  Google

A bipartisan group of states is ready to file an antitrust lawsuit against Google next month, which could precede the more widely-publicized lawsuit from another...

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German Lawmakers Push For Further Questioning Of Former Wirecard CEO Braun
German Lawmakers Push For Further Questioning Of Former Wirecard CEO Braun
November 20, 2020  |  Security & Fraud

German lawmakers are determined to call back Wirecard AG’s former CEO Markus Braun to give further testimony after he refused to answer their questions during...

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