legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 

Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
July 19, 2024  |  Meta

A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. Get the...

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Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
July 19, 2024  |  Legal

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management...

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Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
July 17, 2024  |  Blockchain

Traditional financial operations are centralized, regulated and audited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Judge Rules Against Sanctioning Law Firm in Visa, Mastercard Settlement
Judge Rules Against Sanctioning Law Firm in Visa, Mastercard Settlement
July 15, 2024  |  Legal

A federal magistrate judge ruled Saturday (July 13) that plaintiffs law firm Milberg Coleman Bryson Phillips Grossman would not be sanctioned at this time for...

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FTC Warns Franchisors About Junk Fees
FTC Warns Franchisors About Junk Fees
July 12, 2024  |  Regulation

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. Get...

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House Committee Votes to Aid Defense of TikTok Ban
House Committee Votes to Aid Defense of TikTok Ban
July 11, 2024  |  Politics

The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok....

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Two Former FTX Executives to Be Sentenced in October, November
Two Former FTX Executives to Be Sentenced in October, November
July 09, 2024  |  Legal

Two former FTX executives who testified against the cryptocurrency exchange’s co-founder, Sam Bankman-Fried, now know when they will face sentencing hearings. Get the Full Story...

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Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
July 09, 2024  |  Regulation

Fifth Third Bank must pay $20 million to resolve litigation in its auto lending practices. Get the Full Story Complete the form to unlock this...

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California Institutes New Credit Card Code for Gun Sellers
California Institutes New Credit Card Code for Gun Sellers
July 08, 2024  |  Credit Cards

California now requires credit card companies to designate a code for gun sellers. Get the Full Story Complete the form to unlock this article and...

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