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.

Meta Fined $18.6M Over Facebook Data Breach

Meta Fined $18.6M Over Facebook Data Breach
Meta Fined $18.6M Over Facebook Data Breach
March 15, 2022  |  Facebook / Meta

Meta Platforms has been fined 17 million euros ($18.6 million) for violating the European Union’s privacy regulations by failing to prevent data breaches on its...

READ MORE >
German Court OKs Ernst & Young Class Action Case
German Court OKs Ernst & Young Class Action Case
March 15, 2022  |  Legal & Regulation

A German court has opened class-action style legal proceedings against accounting firm Ernest & Young LLP (EY) to hear cases from investors in defunct payment...

READ MORE >
Amazon: Out-of-Court Settlement With Future Retail Is Impossible
Amazon: Out-of-Court Settlement With Future Retail Is Impossible
March 15, 2022  |  Amazon

Amazon.com has told India’s top court that talks to settle the dispute with Future Retail Ltd., the Mumbai-based retailer with more than 1,500 stores in...

READ MORE >
FTC Charges HomeAdvisor With Cheating Small Businesses
FTC Charges HomeAdvisor With Cheating Small Businesses
March 14, 2022  |  Legal & Regulation

The Federal Trade Commission (FTC) on Friday (March 11) charged Denver-based HomeAdvisor, Inc., with “a wide range of deceptive and misleading tactics” by selling home...

READ MORE >
Today in Crypto: Russians Turn to UAE to Liquidate Crypto; New York Proposes 3-Year Ban on Crypto Mining
Today in Crypto: Russians Turn to UAE to Liquidate Crypto; New York Proposes 3-Year Ban...
March 13, 2022  |  Cryptocurrency

The Bank of Israel has published a draft regulation regarding the risks associated with virtual currency and money laundering and terrorist financing, according to a...

READ MORE >
OppFi Asks for Injunction on Loan Interest Rates Caps
OppFi Asks for Injunction on Loan Interest Rates Caps
March 11, 2022  |  Legal & Regulation

FinTech OppFi Inc. on Monday (March 7) filed a complaint in Los Angeles Superior Court against California’s Commissioner of the Department of Financial Protection and...

READ MORE >
Today in Crypto: Jamaica Incentivizes New Digital Currency Users; Tornado Cash Co-Founder Says No to Russian Sanctions
Today in Crypto: Jamaica Incentivizes New Digital Currency Users; Tornado Cash Co-Founder Says No to...
March 10, 2022  |  Cryptocurrency

Tornado Cash, which is one of the most popular ways to obscure crypto transactions, doesn’t have to abide by the sanctions against Russia, according to...

READ MORE >
In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
March 10, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >