Legal

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

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 fraud charges in April 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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FTC Charges 2 Groups of Defendants, Alleging Unauthorized Billing Scheme
July 01, 2024

The Federal Trade Commission (FTC) filed a complaint against two groups of defendants, alleging they participated in an unauthorized billing scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Supreme Court Sides With Retailers in Debit Card Swipe Fee Case
July 01, 2024

The Supreme Court handed a victory to retailers battling debit card “swipe fees.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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SEC Charges Web3 Firm Consensys With Unregistered Sale of Securities
June 28, 2024

The Securities and Exchange Commission (SEC) sued Consensys Friday (June 28), charging the blockchain and Web3 software company with engaging in the unregistered offer and sale of securities and with operating as an unregistered broker. Get the Full Story Complete the form to unlock this article and...

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Rejected: Judge Nixes $30 Billion Swipe Fee Settlement
June 25, 2024

Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Synapse Trustee McWilliams Details New Challenges in Latest Status Report
June 24, 2024

It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in recovering and distributing customer funds. However, serious reconciliation challenges remain, according to the latest status report in the case. Get...

Legal
Report: Walmart and Capital One Settle Legal Battle
June 21, 2024

Walmart and Capital One have reportedly settled a lawsuit centering on their former credit card partnership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Making Sense of For Benefit Accounts (FBOs) and FinTech’s Future
June 17, 2024

The recent Synapse bankruptcy represents one of the biggest implosions in the FinTech sector’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Report: Judge Expected to Reject Visa, Mastercard Swipe Fee Settlement
June 13, 2024

Credit card swipe fee litigation that has been fought for two decades is reportedly likely to remain unresolved for some time longer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...