Lawsuits

What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the...

READ MORE >
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

READ MORE >
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

READ MORE >
J.P. Morgan Sues TikTok Users Over ATM ‘Glitch’
J.P. Morgan Sues TikTok Users Over ATM ‘Glitch’
October 29, 2024  |  Legal

Over the summer, a curious fad went viral on TikTok, involving Chase Bank. People were writing fake checks and depositing them into the bank’s ATMs,...

READ MORE >
Amazon and Google File Dual Lawsuits Against Fake Review Site
Amazon and Google File Dual Lawsuits Against Fake Review Site
October 28, 2024  |  Legal

Amazon and Google are taking action against a website that generates fake product/business reviews. The two tech giants have filed parallel lawsuits against Bigboostup.com, accusing it of selling...

READ MORE >
CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
October 28, 2024  |  CFPB

The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs —...

READ MORE >
Delta Sues CrowdStrike Over ‘Catastrophic’ IT Outage
Delta Sues CrowdStrike Over ‘Catastrophic’ IT Outage
October 27, 2024  |  Cybersecurity

Delta Air Lines has made good on its promise to sue cybersecurity firm CrowdStrike. The lawsuit, as reported Friday (Oct. 25) evening by The Wall...

READ MORE >
Perplexity Says AI Search Engine Serves 100 Million Queries Per Week
Perplexity Says AI Search Engine Serves 100 Million Queries Per Week
October 25, 2024  |  artificial intelligence

Perplexity CEO Aravind Srinivas said Friday (Oct. 25) that the artificial intelligence (AI) search company is serving over 100 million queries per week. “Perplexity now...

READ MORE >
Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
October 25, 2024  |  Regulation

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). But the issue is far from over. The battle between banks...

READ MORE >