Citigroup Seeks Dismissal of New York AG’s Lawsuit Over Online Scam Losses
Citigroup is pushing to dismiss a lawsuit filed by New York Attorney General Letitia James in January, accusing the bank of failing to reimburse customers who were scammed online.
SEC Appeals Reduced USD 125 Million Penalty in Ripple XRP Case
The Securities and Exchange Commission (SEC) has appealed a court decision ordering Ripple Labs to pay a USD 125 million civil penalty in a long-running case involving its XRP token.
DOJ Sues Visa for Antitrust Violations
A significant step has been taken in the fight against anticompetitive practices in the financial industry with the US Department of Justice's lawsuit against Visa.
Citigroup seeks to end a racial-bias lawsuit over ATM fees
Citigroup has requested a U.S. judge dismiss a lawsuit alleging racial discrimination, arguing that its policy of waiving ATM fees for customers of minority-owned banks does not violate federal civil rights law.
A BlackRock whistleblower files a lawsuit after getting fired
BlackRock is being sued for $20 million by former vice president Hamdan Azhar, who claims he was fired for objecting to a colleague's self-dealing and shutting down a search engine that monitored client discussions about illegal investments, including those in China.
US files Lawsuit Against Apple, Alleging That The Tech Giant Is Abusing Its Monopoly
The US Justice Department has filed a lawsuit against Apple on Thursday, claiming that the tech giant prevented mobile game businesses and software developers from providing better options for the iPhone, driving up consumer costs.
Amazon hit with a lawsuit for Prime Video ad fees
A lawsuit is filed against Amazon in California for asking additional payment from Prime subscribers for ad free content.
