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.

Apple Loses Copyright Claim Against Phone Maker Corellium
Apple Loses Copyright Claim Against Phone Maker Corellium
December 29, 2020  |  Apple

Apple has lost its copyright claim against a Florida company, Corellium, that makes “virtual iPhones” used by security researchers to test for vulnerabilities in its...

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Turkish Authorities Search For Suspect In US Tax Fraud Scheme
Turkish Authorities Search For Suspect In US Tax Fraud Scheme
December 29, 2020  |  Security & Fraud

Turkish prosecutors have issued a detention warrant for Turkish businessman Sezgin Baran Korkmaz, who has ties to Utah business executives who recently pleaded guilty to...

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Revolut Accused Of Failing To Pay Employee Bonuses
Revolut Accused Of Failing To Pay Employee Bonuses
December 29, 2020  |  Legal

A dispute over worker bonuses initially led to a job action — and now a court case in Poland — claiming that the U.K.-based FinTech...

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PNC Sues Plaid Over Alleged Trademark Infringement
PNC Sues Plaid Over Alleged Trademark Infringement
December 23, 2020  |  Legal

PNC Financial Services Group has filed a lawsuit against Plaid in U.S. District Court in Pennslyvania alleging trademark counterfeiting, trademark infringement, false advertising and other wrongdoing...

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Bitcoin Daily: XRP Falls Nearly 40 Pct On Ripple Suit News; Digital Asset Platform OSL Suspends XRP Trading
Bitcoin Daily: XRP Falls Nearly 40 Pct On Ripple Suit News; Digital Asset Platform OSL...
December 23, 2020  |  Bitcoin

XRP’s price plummeted once more on Wednesday (Dec. 23) following the U.S. Securities and Exchange Commission’s lawsuit contending that the blockchain firm connected to the...

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CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations
CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations
December 23, 2020  |  CFPB

Santander Consumer USA was ordered to pay $4.7 million to the Consumer Financial Protection Bureau (CFPB) for violating the Fair Credit Reporting Act (FCRA), the...

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Justice Department Charges 2 New York Pharmacy Owners In $30 Million COVID Fraud Case
Justice Department Charges 2 New York Pharmacy Owners In $30 Million COVID Fraud Case
December 23, 2020  |  Security & Fraud

Two owners of a dozen New York City-area pharmacies have been charged for their reported involvement in a $30 million health care fraud and money...

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Justice Department Sues Walmart Over Opioid Sales
Justice Department Sues Walmart Over Opioid Sales
December 22, 2020  |  Legal

The U.S. government sued Walmart Tuesday (Dec. 22), claiming that the retail giant exacerbated the country’s opioid crisis by not sufficiently keeping watch for suspect...

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SEC Files Lawsuit Against Ripple Over Unregistered Securities
SEC Files Lawsuit Against Ripple Over Unregistered Securities
December 22, 2020  |  Legal

The U.S. Securities & Exchange Commission (SEC) has filed action against Ripple over allegedly conducting a $1.3 billion unregistered securities offering, Reuters reported on Tuesday...

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