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.

Discover Offers $1.2 Billion to Settle Merchant Overcharges

Discover Offers $1.2 Billion to Settle Merchant Overcharges
Discover Offers $1.2 Billion to Settle Merchant Overcharges
July 04, 2024  |  Credit Cards

Discover Financial Services wants to settle a lawsuit accusing it of overcharging merchants. The lender revealed the proposed settlement in the class-action case in a Wednesday (July 3)...

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Synapse Trustee Fights to Retain Crucial Data
Synapse Trustee Fights to Retain Crucial Data
July 03, 2024  |  Legal & Regulation

The Synapse bankruptcy case had another court hearing on Wednesday (July 3), this one with consumers testifying to their financial losses and another status report...

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FTC Says Vroom Agrees to $1 Million Settlement
FTC Says Vroom Agrees to $1 Million Settlement
July 02, 2024  |  Legal & Regulation

Vroom, the online used car dealer that discontinued its eCommerce operations in January, has reportedly agreed to a proposed settlement that would include it paying $1 million...

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Case Against Big Banks Overcharging on Corporate Bonds Revived
Case Against Big Banks Overcharging on Corporate Bonds Revived
July 02, 2024  |  Legal & Regulation

A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because...

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Pa. Health System Geisinger’s 1 Million-Patient Data Breach Leads to Lawsuit
Pa. Health System Geisinger’s 1 Million-Patient Data Breach Leads to Lawsuit
July 02, 2024  |  Cybersecurity

A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Geisinger’s IT vendor, Microsoft-owned...

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Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
July 02, 2024  |  Legal & Regulation

After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card...

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DOJ Announces Sentencing in Former Outcome Health Executives’ Fraud Convictions
DOJ Announces Sentencing in Former Outcome Health Executives’ Fraud Convictions
July 01, 2024  |  Legal & Regulation

The Department of Justice (DOJ) has announced the sentences handed down to three former executives of Chicago-based health technology startup Outcome Health, who were convicted on...

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FTC Charges 2 Groups of Defendants, Alleging Unauthorized Billing Scheme
FTC Charges 2 Groups of Defendants, Alleging Unauthorized Billing Scheme
July 01, 2024  |  Legal & Regulation

The Federal Trade Commission (FTC) filed a complaint against two groups of defendants, alleging they participated in an unauthorized billing scheme. The complaint charges the...

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