Lawsuit

Victoria’s Secret Buy Invalid After Staff Furloughs, Lawsuit Says
Victoria’s Secret Buy Invalid After Staff Furloughs, Lawsuit Says
April 22, 2020  |  Retail

Sycamore Partners, the private equity firm seeking to buy out Victoria’s Secret, is now looking at backing out of the deal after the retailer closed...

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JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

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Ripple Files Lawsuit Against YouTube For Not Removing Crypto Scams Fast Enough
Ripple Files Lawsuit Against YouTube For Not Removing Crypto Scams Fast Enough
April 21, 2020  |  Legal

Ripple announced on Tuesday (April 21) that it is filing a lawsuit against YouTube, alleging that the popular video platform isn’t doing its due diligence...

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FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
April 17, 2020  |  Legal

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP)....

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Judge Lets Bank Of America Favor SMB Clients With PPP Loans
Judge Lets Bank Of America Favor SMB Clients With PPP Loans
April 15, 2020  |  B2B Payments

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program...

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Pandemic Pricing Prompts Lawsuit Against Food Delivery Apps 
Pandemic Pricing Prompts Lawsuit Against Food Delivery Apps 
April 14, 2020  |  Delivery

Food delivery apps GrubHub, DoorDash, Postmates and Uber Eats were named in a class-action lawsuit filed in Manhattan federal court that alleges price gouging during...

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Bitcoin Daily: Crypto Scammers’ Daily Haul Drops 66 Pct Due To COVID-19; ATBCoin To Settle ICO Suit For $250,000; Gold Investor Peter Schiff Predicts Bitcoin Fall
Bitcoin Daily: Crypto Scammers’ Daily Haul Drops 66 Pct Due To COVID-19; ATBCoin To Settle...
April 12, 2020  |  Bitcoin

Cryptocurrency scams aren’t doing so hot with the current pandemic conditions, dropping in value by 61 percent between March 13 and 31. It’s recovered a...

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Zoom Faces Class Action Lawsuit Over Security, Privacy Breaches
Zoom Faces Class Action Lawsuit Over Security, Privacy Breaches
April 08, 2020  |  Legal

Investor Michael Drieu is leading a class action lawsuit against Zoom Video Communications Inc. alleging the California company’s video conferencing app has security bugs. The...

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WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
April 07, 2020  |  Legal

WeWork is not taking SoftBank Group Corp.’s withdrawal of its $3 billion offer lying down. The New York-based company has filed a lawsuit in the...

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