Legal news and trends

DOGE Ordered to Provide Details of Cost-Cutting Efforts
Legal // March 13, 2025

A federal judge wants more information on Elon Musk’s government cost-cutting project. As Reuters reported Thursday (March 13), U.S. District Judge Tanya Chutkan has ordered the Musk-led Department of Government Efficiency (DOGE) to turn over a variety of records and answer queries about their work at slashing...

FTC: Staffing Cuts Could Delay Amazon Trial
Amazon // March 12, 2025

The Federal Trade Commission (FTC) says staffing cuts could delay its case against Amazon. As CNBC reported Wednesday (March 12), attorneys for the regulator have asked a judge to hold off on the start of a trial into whether Amazon had tricked customers into signing...

Meta Faces Copyright Infringement Lawsuit in France Over AI Training
Meta // March 12, 2025

Meta is facing a copyright infringement lawsuit in France brought by trade associations representing publishers and authors, who accuse the company of training its generative artificial intelligence model on their books without permission. Publishers’ trade association SNE, authors’ association SGDL and writers’ union SNAC brought...

New York Sues Allstate and National General Over Data Breaches
Legal // March 10, 2025

Several insurance companies doing business as National General and Allstate are facing a lawsuit in which the New York State Attorney General alleges that they failed to protect the personal information of consumers. The Office of the Attorney General alleged in its lawsuit that National General failed to...

Interviews & Exclusives
FDIC Suit Against Former SVB Execs Highlights Continued Scrutiny of Risk Models

January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement actions, a flurry of movement in the courts also offers up an additional way to shape corporate policy and internal operations — where lawsuits can […]

Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules

January 06, 2025
The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is...

What to Watch as the Debit Interchange Fee Battle Heats Up in 2025

December 26, 2024
Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. As a result, the economics of debit payments may also...

New CFPB Proposed Rule Would Restrict Data Brokers’ Reach

December 03, 2024
As the year draws to a close, the end of 2024 has been marked by a flurry of rule-making by the Consumer Financial Protection Bureau (CFPB). In the latest salvo,...

Quick Reads
FTC Lawsuits Resulted in $337 Million in Refunds in 2024

March 14, 2025
The Federal Trade Commission’s law enforcement actions resulted in $337.3 million in refunds to consumers in 2024. That total included $280.7 million in refunds directly from the FTC, with the remainder being returned to consumers by the defendants or other federal agencies administering the refund programs, the FTC said in its annual report on refunds […]

DOGE Ordered to Provide Details of Cost-Cutting Efforts

March 13, 2025
A federal judge wants more information on Elon Musk’s government cost-cutting project. As Reuters reported Thursday (March 13), U.S. District Judge Tanya Chutkan has ordered the Musk-led Department of Government Efficiency (DOGE)...

FTC: Staffing Cuts Could Delay Amazon Trial

March 12, 2025
The Federal Trade Commission (FTC) says staffing cuts could delay its case against Amazon. As CNBC reported Wednesday (March 12), attorneys for the regulator have asked a judge to hold...

Meta Faces Copyright Infringement Lawsuit in France Over AI Training

March 12, 2025
Meta is facing a copyright infringement lawsuit in France brought by trade associations representing publishers and authors, who accuse the company of training its generative artificial intelligence model on their...