Legal

Legal
eBay, Investors Discuss Future Of StubHub, Classifieds Biz
February 27, 2019

According to reports, eBay is in settlement talks with activist investors in the hopes of avoiding a proxy fight on the online marketplace. Citing sources familiar with the matter, Bloomberg reported that eBay has been meeting with Elliott Management and Starboard Value to discuss board seats...

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SEC Says Musk Violated Settlement With Recent Tesla Tweet
February 26, 2019

The U.S. Securities and Exchange Commission is going after Tesla Chief Executive Elon Musk, preparing to pursue a contempt order over what it says are violations of his fraud settlement with the government agency. Get the Full Story Complete the form to unlock this article...

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Former Malaysian PM’s PR Rep Charged In 1MDB Case
February 21, 2019

The British public relations representative for Najib Razak, Malaysia’s former prime minister, has been charged in absentia in the 1Malaysia Development Berhad (1MDB) scandal, according to a report from Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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New Jersey Getting Closer To Legalizing Recreational Marijuana
February 20, 2019

New Jersey Governor Philip D. Murphy and state Democratic legislative leaders have forged an agreement that could result in the state legalizing recreational marijuana use by the end of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Former Apple Securities And Compliance Lawyer Charged With Insider Trading
February 13, 2019

The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. 13), according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Online Sports Betting Gets A Super Bowl Workout
February 05, 2019

As the New England Patriots and their fans prepared for their latest Super Bowl victory parade on Tuesday (Feb. 5), details emerged about the success and failure of the new online sports betting regime in the U.S. Now the next major test for sports betting...

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Judge To Decide Sears’ Fate In Bankruptcy Proceedings
February 04, 2019

A U.S. bankruptcy court judge will decide the fate of struggling retailer Sears and its unsecured creditors, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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NY Federal Reserve Partners With Bangladesh Bank To Sue Over $81M Hack
February 01, 2019

The Federal Reserve Bank of New York announced that it will formally assist Bangladesh Bank in a lawsuit to recover funds stolen by hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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RBS Slapped With Lawsuit Over Frozen Accounts
January 30, 2019

The Royal Bank of Scotland (RBS) is being sued by an unnamed British payments company over allegations that RBS froze accounts on suspicion of illegal activity by the company’s clients, according to a report in the Financial Times. Get the Full Story Complete the form...