PYMNTS-MonitorEdge-May-2024

Lawsuits

Justice Department Sues Walmart Over Opioid Sales
Justice Department Sues Walmart Over Opioid Sales
December 22, 2020  |  Legal

The U.S. government sued Walmart Tuesday (Dec. 22), claiming that the retail giant exacerbated the country’s opioid crisis by not sufficiently keeping watch for suspect...

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SEC Files Lawsuit Against Ripple Over Unregistered Securities
SEC Files Lawsuit Against Ripple Over Unregistered Securities
December 22, 2020  |  Legal

The U.S. Securities & Exchange Commission (SEC) has filed action against Ripple over allegedly conducting a $1.3 billion unregistered securities offering, Reuters reported on Tuesday...

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Lawsuit Charges Facebook, Google Struck Deal To Ward Off Antitrust Probes
Lawsuit Charges Facebook, Google Struck Deal To Ward Off Antitrust Probes
December 22, 2020  |  ANTITRUST

Facebook and Google are facing an array of antitrust lawsuits along with investigations by regulators in the U.S. and in Europe. Google has been hit...

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Ripple CEO: SEC Lawsuit Would Cripple Cryptocurrency Industry
Ripple CEO: SEC Lawsuit Would Cripple Cryptocurrency Industry
December 22, 2020  |  Cryptocurrency

Ripple Labs Inc. said the Securities and Exchange Commission (SEC) is poised to file a lawsuit against the San Francisco-based cryptocurrency company over the alleged...

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Apple iOS, macOS Exec Ordered To Testify In Epic Suit
Apple iOS, macOS Exec Ordered To Testify In Epic Suit
December 18, 2020  |  Legal

Top Apple executive Craig Federighi, who oversees the iOS and macOS operating systems, has been ordered by a federal judge to testify in the lawsuit...

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Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States
Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States
December 17, 2020  |  Legal

A coalition of 38 state attorneys general filed an antitrust lawsuit against Google, accusing the search giant of engaging in anti-competitive practices, the Associated Press...

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Facebook’s Sandberg Pushes Back On Antitrust Allegations
Facebook’s Sandberg Pushes Back On Antitrust Allegations
December 11, 2020  |  Facebook

Sheryl Sandberg, chief operations officer of Facebook, is pushing back against two antitrust lawsuits filed against the social media giant, CNBC reported on Friday (Dec....

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Mastercard Facing £14 Billion UK Class Action Suit
Mastercard Facing £14 Billion UK Class Action Suit
December 11, 2020  |  Mastercard

A U.K. high court class action lawsuit brought by 46 million consumers could cost Mastercard £14 billion now that a court decision has allowed the...

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Texas AG Paxton: More States Could File Antitrust Lawsuits Against Google 
Texas AG Paxton: More States Could File Antitrust Lawsuits Against Google 
December 08, 2020  |  ANTITRUST

Additional states could bring more antitrust lawsuits against Google, Texas Attorney General Ken Paxton said during a Tuesday (Dec. 8) panel discussion with global competition...

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