CFPB Drops Lawsuit Against Capital One Over Savings Rates February 28, 2025 By Paige Smith The Consumer Financial Protection Bureau dropped a Biden-era lawsuit against Capital One Financial Corp., the latest in a slew of...
Sedgwick: European Product Recalls Reached Record High in 2024 February 28, 2025 European product recalls hit a record high of 14,484 events in 2024, surpassing last year’s record 12,503 events, a new...
OKX to Pay $500 Million After Guilty Plea for Crypto Crime February 25, 2025 By Bob Van Voris, Jazper Lu and Muyao Shen The OKX cryptocurrency exchange, one of the world’s largest, pleaded guilty on Monday to processing more than $1 trillion in...
Mastercard Wins UK Court Nod for $253M Deal to End $12B Class Action Claim February 21, 2025 By Upmanyu Trivedi Mastercard Inc. won a London court’s approval for the £200 million ($253 million) agreed to pay to end a high-profile...
New York Sues Vape Sellers Like Puff Bar for Targeting Kids February 21, 2025 By Fiona Rutherford New York’s top prosecutor is suing Puff Bar and about a dozen other makers and distributors of popular e-cigarette brands...
Southwest Air Faces US Lawsuit for ‘Chronic Flight Delays’ January 16, 2025 By Allyson Versprille and Mary Schlangenstein Southwest Airlines Co. was sued by the U.S. Transportation Department for allegedly violating rules that require airlines to set and...
Apple, Amazon Fight Off $600 Million UK Lawsuit Over Alleged ‘Collusion’ January 15, 2025 By Sam Tobin Apple and Amazon have successfully fought off a mass lawsuit in Britain over alleged collusion between the tech giants to...
CFPB Sues Berkshire-Owned Lender Over ‘Unaffordable’ Loans January 7, 2025 By Paige Smith A lender owned by Warren Buffett’s Berkshire Hathaway Inc. knowingly issued “unaffordable” home mortgages by ignoring the insufficient income or...
FTC Sues Fintech App Dave Over Misleading $500 Cash Advance Ads November 7, 2024 By Jody Godoy The U.S. Federal Trade Commission sued financial technology company Dave Inc. in Los Angeles on Tuesday, accusing it of luring...
US Watchdog Orders Goldman Sachs, Apple to Pay $89 Million Over Consumer Failures October 24, 2024 By Douglas Gillison Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit...