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.

FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme

FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme
FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme
September 17, 2024  |  Legal & Regulation

Defendants who allegedly enrolled consumers, without their knowledge, into continuity plans for products they did not buy will forfeit assets valued at $40 million and...

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Amazon Files Lawsuit Targeting Allegedly False Trademark Infringement Notices
Amazon Files Lawsuit Targeting Allegedly False Trademark Infringement Notices
September 16, 2024  |  Retail

Amazon’s Counterfeit Crimes Unit filed a lawsuit against companies and individuals it alleged obtained invalid trademarks or filed fake complaints to have Amazon remove their...

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Synapse Bankruptcy Update: Court Filing Reveals Slow Progress on Releasing End User Funds
Synapse Bankruptcy Update: Court Filing Reveals Slow Progress on Releasing End User Funds
September 16, 2024  |  Legal & Regulation

The latest court filing from the trustee overseeing the Chapter 11 bankruptcy of Synapse Financial Technologies illustrates the progress — months in the making, incremental...

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Home Depot Agrees to $2 Million Settlement in ‘Scanner Violation’ Complaint
Home Depot Agrees to $2 Million Settlement in ‘Scanner Violation’ Complaint
September 16, 2024  |  Legal & Regulation

Home Depot will pay nearly $2 million to settle a civil law enforcement complaint alleging overcharging and false advertising. The $1,977,251 settlement involves a problem...

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Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024  |  Cryptocurrency

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed...

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CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
September 13, 2024  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) sued Horizon Card Services and its CEO Robert Kane Friday (Sept. 13). The CFPB alleged that the company used...

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Irish Data Regulators Put Google AI Model Under Review
Irish Data Regulators Put Google AI Model Under Review
September 12, 2024  |  Legal & Regulation

A European regulator is investigating whether Google’s artificial intelligence model complies with privacy laws. Ireland’s Data Protection Commission (DPC) is examining whether the tech giant...

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This Week in Web3: Crypto Scams and Payments Surge
This Week in Web3: Crypto Scams and Payments Surge
September 11, 2024  |  Cryptocurrency

Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets...

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