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.

London Judge Dismisses Fraud Case Against Wirecard
London Judge Dismisses Fraud Case Against Wirecard
July 15, 2020  |  Legal

After weeks of relentless headlines on the collapse of Wirecard, the High Court of Justice in London handed the German payments company a victory on...

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Wirecard’s Former CEO Markus Braun Arrested
Wirecard’s Former CEO Markus Braun Arrested
June 23, 2020  |  Security & Fraud

Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider, the Financial Times...

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Bitcoin Daily: SEC Freezes Crypto Fund Touting 100 Pct Returns
Bitcoin Daily: SEC Freezes Crypto Fund Touting 100 Pct Returns
June 22, 2020  |  Cryptocurrency

The Securities and Exchange Commission has filed a lawsuit to freeze the assets of two brothers allegedly engaged in “an offering fraud” and in misappropriating...

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Suit Filed Against Merchant Cash Advance Companies For Fraud
Suit Filed Against Merchant Cash Advance Companies For Fraud
June 14, 2020  |  B2B Payments

Three merchant cash advance companies are facing a lawsuit from New York Attorney General Letitia James over reportedly practicing illicit measures when loaning money to...

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Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent
Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent
June 04, 2020  |  Legal

All eyes in the retail sector are now on Simon Property Group, as the mall giant hauls The Gap into court for failing to pay...

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Judge: Part Of Shareholder Lawsuit Against Apple Can Proceed
Judge: Part Of Shareholder Lawsuit Against Apple Can Proceed
June 04, 2020  |  Apple

Apple will have to face a judge over accusations that it fraudulently concealed falling iPhone demands and lost shareholders billions of dollars, Reuters reported. Most...

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Uber Customer Asks Judge To Overturn Price-Fixing Ruling
Uber Customer Asks Judge To Overturn Price-Fixing Ruling
May 26, 2020  |  Legal

An Uber customer who launched an antitrust lawsuit against the rideshare giant in 2015 asked a Manhattan federal judge on Friday (May 22) to overturn...

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WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
May 25, 2020  |  Security & Fraud

A 35-year-old Washington State resident is charged with allegedly attempting to defraud the Paycheck Protection Program (PPP) by requesting loans for companies and employees that...

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