settlement

Neiman Marcus Agrees To Pay $1.5M To Settle Payment Card Breach

The Maryland Attorney General Brian Frosh announced Tuesday (Jan. 8) that his office, as well as 42 other state attorney generals, have settled...

CFPB and USAA Reach Settlement After Violations

2.3K

Regulation

BCFP, USAA Settle After Payment Violations

The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan. 3) that it had reached a settlement with USAA Federal Savings Bank...

4.5K

Equifax Settles With NY AG Over App Security

The Office of the New York State Attorney General Barbara Underwood announced late last week it reached settlements with five companies whose...

AriseBank to Pay $2.3M Over ICO Violations

3.7K

AriseBank To Pay $2.3M Over ICO Violations

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million,...

1.9K

SEC Chairman Says Tesla Case Is Settled Despite Musk Tweet

Despite Tesla Chief Executive Elon Musk’s early October tweet in which he called the Securities and Exchange Commission (SEC) the “Shortseller Enrichment...

2.3K

Société Générale Fined $1.34B For Violating US Sanctions

Société Générale S.A. of Paris, France has agreed to pay U.S. federal and state authorities $1.34 billion to resolve legal disputes due...

4.2K

MoneyGram Settles With FTC For $125M

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old...

Google Case Could Impact Class-Action Payouts

3.4K

Google

Google Search Case Could Impact Class-Action Payouts

A case involving Google Search could change the way that class-action settlements are paid out, assuming the U.S. Supreme Court comes through...

3.5K

CFPB

CFPB, Payday Lender Cash Express Settle Lawsuit

The Consumer Financial Protection Bureau (CFPB) has announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution...

4.3K

Uber Agrees To Pay $145M Fine To Settle Data Breach Lawsuit

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. 26) that they have reached a...

4.2K

Banking

Citibank Agrees To Settle SEC ‘Dark Pool’ Claims For $12M

To settle allegations involving its premium “dark pool” called Citi Match, Citigroup will pay more than $12 million in “disgorgement and penalties.”...

2.1K

Retail

Toys R Us Settles With Creditors To Complete Bankruptcy

Toys R Us has come to a settlement agreement with some groups of creditors, including vendors, to resolve its disputes related to...

4.1K

Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit

More than a decade after merchants brought a class-action suit against Mastercard, Visa and card-issuing banks in 2005, a settlement between the...

2.5K

B2B Payments

In The Blockchain Race, FIs Hustle Not To Come In Last

The Bank of England caught the financial services world’s attention when its Governor, Mark Carney, spoke about the central bank’s latest initiative...

4.2K

Bank Regulation

Wells Fargo Receives Approval To Settle $142M Suit

After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court...

4.1K

Ridesharing

Benchmark Lawsuit Against Kalanick Officially Over

The lawsuit launched against former Uber CEO Travis Kalanick by investor Benchmark is officially over. According to a report in Recode, a...

3.5K

Regulation

Mulvaney Puts Wells Fargo’s Fines On Ice – For Now

The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be...

5.8K

Wells Fargo Settles With SEC Over AML Reporting

Wells Fargo Advisors and the Securities and Exchange Commission (SEC) reached a settlement this week resolving charges that the bank dropped the...

5.4K

Hilton Settles Data Breach Suit for $700,000

The attorney general of New York announced a settlement with Hilton over the exposure of hundreds of thousands of credit card details,...

2.5K

Wells Fargo CEO Bullish On The Future

Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal....

6.0K

Yelp Says Google Is Still Scraping

Yelp, the online reviews company, is reportedly claiming that Google is going back on a promise made as part of a settlement...

3.6K

Ashley Madison Data Breach Victims To Receive $11.2 Million

Two years after its tumultuous and massive data breach exposing millions of its users’ data to the public, the controversial Ashley Madison...

4.7K

FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges...

4.6K

Wells Fargo Expands Class-Action Settlement To Customers From May 2002

Wells Fargo & Company announced Friday (April 21) it is expanding its class-action settlement over its fake account scandal to include any...

5.3K

Netspend Agrees To Settle FTC Allegations

After a lengthy legal process with the Federal Trade Commission (FTC), the Netspend Corporation has come to an agreement. The company, which...

4.1K

Santander To Pay $25M To Resolve Auto Loan Allegations

Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million...

3.5K

Retail

Uber Will Pay $20M Fine For Drivers’ Earnings

Taxi-hailing app Uber Technologies is paying $20 million in a settlement with the U.S. government over charges it exaggerated potential earnings when...

Retail

Amazon Fined $1.1M For List Price Issue

Amazon is now on the hook to pay a $1.1 million fine to Canada’s Competition Bureau. The fine is part of a...

3.9K

Banking

Wells Fargo’s Latest Legal Settlement

Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a...

4.4K

B2B Payments

Banks Take Blockchain To Task With Settlement Coin

Several major banks that have been exploring the use of blockchain are readying a test of a digital coin to settle transactions....

7.2K

B2B Payments

The Hidden Risk Of Inter-Company Accounting

There is another threat to corporations involving their accounting processes, and it comes from within the enterprise. New research from Deloitte says...

4.5K

HSBC Settles Legacy Credit Cards Case

HSBC Bank USA has reached an agreement to pay $35 million as part of a settlement with the Office of the Comptroller...

4.3K

Online Payday Lenders Pay Up Over Deceptive Fees

A duo of payday lenders have settled charges from the Federal Trade Commission (FTC) that they charged consumers in the United States...

5.4K

LifeLock Writes $113M Check To Settle FTC Charges

LifeLock, the identity security company under fire for allegedly not delivering on security promises, has agreed to pay as much as $113...

Target Racks Up Another $39.4M In Data Breach Costs

Retail giant Target is paying $39.4 million in order to satisfy claims that banks and credit unions suffered damages in the wake...

Walmart/Visa $5B Swipe Fee Case May Settle Soon

Retail giant Walmart and payments company Visa are enmeshed in talks with an eye on settling Walmart’s $5 billion lawsuit tied to...

2.1K

Hackers Settle $30M SEC Case

Allegations from the Securities and Exchange Commission against Jaspen Capital Partners and its chief executive, Andriy Supranonok, related to a suspected insider...

821

Judge Nixes Proposed Amex-Merchant Settlement

Document sharing between two rival attorneys on a multimillion dollar class action suit between American Express and millions of merchants led a...