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.

Apple to Settle Siri Privacy Lawsuit for $95 Million

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

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 & Regulation

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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5 Banks Enter Into Stipulated Orders and Written Agreements With FDIC
5 Banks Enter Into Stipulated Orders and Written Agreements With FDIC
December 27, 2024  |  Bank Regulation

Five banks entered into stipulated orders and written agreements with the Federal Deposit Insurance Corporation (FDIC) in November. These cases were among 13 FDIC enforcement decisions and...

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FTX Execs Caroline Ellison and Ryan Salame Get Prison Time Shortened
FTX Execs Caroline Ellison and Ryan Salame Get Prison Time Shortened
December 26, 2024  |  Cryptocurrency

Following the collapse of cryptocurrency exchange platform FTX amid fraud convictions, former executives Caroline Ellison and Ryan Salame have had their prison time shortened. According...

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What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
December 26, 2024  |  Legal & Regulation

Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. As a result, the economics...

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CFPB Sues Rocket Homes, Alleging Illegal Kickback Scheme
CFPB Sues Rocket Homes, Alleging Illegal Kickback Scheme
December 23, 2024  |  Legal & Regulation

Rocket Homes said Monday (Dec. 23) that it “will not rest” until it sees the dismissal of Consumer Financial Protection Bureau (CFPB) allegations that were announced...

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Google Faces Antitrust Lawsuit From Polish eCommerce Platform
Google Faces Antitrust Lawsuit From Polish eCommerce Platform
December 23, 2024  |  News

Google is facing a $567 million lawsuit from an arm of Polish eCommerce platform Allegro. That company, Ceneo, filed the suit against the tech giant...

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CFPB Sues Walmart and Branch Over Accounts for Gig Economy Drivers
CFPB Sues Walmart and Branch Over Accounts for Gig Economy Drivers
December 23, 2024  |  Gig Economy

Both Walmart and FinTech company Branch said Monday (Dec. 23) that they will defend themselves “vigorously” against a Consumer Financial Protection Bureau (CFPB) lawsuit filed...

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