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.

Trade Associations Sue to Block FTC ‘Click-to-Cancel’ Rule
Trade Associations Sue to Block FTC ‘Click-to-Cancel’ Rule
October 23, 2024  |  Legal

Three trade associations filed a lawsuit Wednesday (Oct. 23), aiming to block the Federal Trade Commission’s (FTC) “click-to-cancel” rule. The suit claims that the rule...

READ MORE >
CFPB Sues Climb Credit and 1/0, Alleging ‘False Promises’ to Borrowers
CFPB Sues Climb Credit and 1/0, Alleging ‘False Promises’ to Borrowers
October 17, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued student lender Climb Credit and investment firm 1/0 Thursday (Oct. 17), alleging they provided potential borrowers with false...

READ MORE >
Stablecoins, Payments and Court Battles Define This Week in Web3
Stablecoins, Payments and Court Battles Define This Week in Web3
October 09, 2024  |  Blockchain

Cryptocurrency and Web3 technologies are supposed to represent the future of finance, offering a decentralized and borderless world where money, data and assets flow freely....

READ MORE >
DOJ Wants to Shrink Big Tech by Breaking Up Google
DOJ Wants to Shrink Big Tech by Breaking Up Google
October 09, 2024  |  ANTITRUST

The U.S. government is asking a federal district judge to compel Google to break up its core businesses.  The Department of Justice (DOJ) said in a Tuesday court...

READ MORE >
Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
October 08, 2024  |  Legal

Citibank lawyers urged a judge Tuesday (Oct. 8) to throw out a suit filed in January by New York Attorney General Letitia James that accuses...

READ MORE >
Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
October 08, 2024  |  Legal

U.S. Sen. Dick Durbin of Illinois is supporting an Illinois law that will bar the charging of interchange fees on the tax and tip portions...

READ MORE >
Crypto.com Sues SEC Amid Threat of Enforcement Action
Crypto.com Sues SEC Amid Threat of Enforcement Action
October 08, 2024  |  Cryptocurrency

Calling it a “misguided” federal agency, Crypto.com has sued the Securities and Exchange Commission (SEC). The suit, filed Tuesday (Oct. 8), came after the cryptocurrency...

READ MORE >
FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
October 08, 2024  |  Legal

Most of FTX’s creditors will profit from their investments in the failed cryptocurrency exchange. That’s according to a bankruptcy agreement approved Monday (Oct. 7) by...

READ MORE >
Supreme Court Won’t Hear Uber and Lyft Gig Worker Appeal
Supreme Court Won’t Hear Uber and Lyft Gig Worker Appeal
October 07, 2024  |  Gig Economy

Uber and Lyft have lost a chance to have an appeal heard by the Supreme Court. The case involves lawsuits brought against the companies by...

READ MORE >