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.

Bank of Chicago CEO Indicted For Bribing Manafort
Bank of Chicago CEO Indicted For Bribing Manafort
May 23, 2019  |  Legal

Stephen Calk, the founder of the Federal Savings Bank of Chicago, a mortgage lender and a former economic adviser to President Trump’s 2016 campaign, has...

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CFPB Sues Debt-Collection Agency Over Deception Allegations
CFPB Sues Debt-Collection Agency Over Deception Allegations
May 17, 2019  |  Legal

The Consumer Financial Protection Bureau (CFPB) said Friday (May 17) that it has filed a lawsuit in federal court against a debt-collection agency that, the agency...

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A Biometric Backlash Is Underway — And A Backlash To The Backlash
A Biometric Backlash Is Underway — And A Backlash To The Backlash
May 17, 2019  |  Authentication

These are exciting times for biometrics, with the authentication method(s) moving into the mainstream. But a biometric backlash is underway — and, it seems, a...

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Pew Blasts CFPB Payday Lending Proposal
Pew Blasts CFPB Payday Lending Proposal
May 16, 2019  |  Legal

As the Consumer Financial Protection Bureau (CFPB) wades through the public comments about rules regarding payday lending, The Pew Charitable Trusts has weighed it with...

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Facebook Sues South Korean Firm For Data Misuse
Facebook Sues South Korean Firm For Data Misuse
May 13, 2019  |  Facebook

Facebook has filed a lawsuit against a South Korean data analytics company for breaching its data policies for developers, as well as refusing to agree...

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New Allies Aim To Solve Cannabis Payments Problem
New Allies Aim To Solve Cannabis Payments Problem
May 10, 2019  |  Bank Regulation

It really wasn’t supposed to be this way, not as cannabis steadily became legal across the United States. Get the Full Story Complete the form...

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Chinese National Charged In Anthem Data Breach
Chinese National Charged In Anthem Data Breach
May 10, 2019  |  Legal

U.S. prosecutors have charged a Chinese national for his alleged involvement in the 2015 data breach at health insurance company Anthem, which led to the...

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
May 08, 2019  |  Legal

It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based...

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Facebook Taps State Department For New GC
Facebook Taps State Department For New GC
April 23, 2019  |  Facebook

Facebook has named Jennifer Newstead as its new general counsel, overseeing the company’s global legal functions. Newstead is taking over the position from Colin Stretch,...

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