The U.S. Federal Trade Commission sued financial technology company Dave Inc. in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive. Very few …
Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business that affected hundreds of thousands of people, the U.S. Consumer Financial Protection Bureau announced Wednesday. In a partnership …
American Airlines Group Inc. agreed to a $50 million civil penalty to resolve claims by the Biden administration that the carrier violated US rules protecting airline passengers with disabilities. A U.S. Transportation Department investigation found that American damaged or delayed …
Four hacked companies will pay a total of almost $7 million to settle U.S. Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout from the massive SolarWinds Corp. breach. Unisys Corp., Avaya Holdings …
Walmart will pay $7.5 million to resolve charges that the largest U.S. retailer illegally disposed of hazardous and medical waste from its facilities into California municipal landfills. The settlement was announced on Tuesday by California Attorney General Rob Bonta, following …
RTX agreed to pay nearly $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official in Qatar to secure business from the Middle East country’s air force. The …
Toronto-Dominion Bank will pay about $3 billion in penalties and face restrictions on its U.S. growth in a settlement with regulators over its failure to catch money laundering, the Wall Street Journal reported. Regulators are likely to announce a settlement …
Citigroup Inc. said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New York state wins a lawsuit claiming the company doesn’t do enough to prevent online fraud. Lawyers for the company’s Citibank …
TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social media platform of harming and failing to protect young people. The lawsuits filed separately in New York, California, the District …
The Texas attorney general has sued leading insulin manufacturers and pharmacy benefit managers (PBMs), accusing them of collaborating to inflate the cost of insulin. Texas Attorney General Ken Paxton’s office said on Thursday it had sued insulin makers Eli Lilly, …