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.

TD Bank Pays $20 Million to Resolve Spoofing Case

TD Bank Pays $20 Million to Resolve Spoofing Case
TD Bank Pays $20 Million to Resolve Spoofing Case
September 30, 2024  |  Legal & Regulation

TD Bank is reportedly settling a case involving illegal “spoof” orders by a former trader. Get the Full Story Complete the form to unlock this...

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Visa Adds $1.5 Billion to Litigation Escrow Account
Visa Adds $1.5 Billion to Litigation Escrow Account
September 27, 2024  |  VISA

Visa disclosed Thursday (Sept. 26) that it authorized the deposit of $1.5 billion into the litigation escrow account previously established under its U.S. retrospective responsibility...

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FinCEN Says ABLV Bank No Longer of Primary Money Laundering Concern
FinCEN Says ABLV Bank No Longer of Primary Money Laundering Concern
September 26, 2024  |  AML

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has withdrawn its finding that ABLV Bank, AS is a financial institution of primary money laundering concern, because the...

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Amazon Accused in Suit of Touting American Eagle Knock-Offs
Amazon Accused in Suit of Touting American Eagle Knock-Offs
September 26, 2024  |  Retail

American Eagle Outfitters has reportedly filed a trademark infringement suit against Amazon. Get the Full Story Complete the form to unlock this article and enjoy...

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FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
September 25, 2024  |  Artificial Intelligence

The Federal Trade Commission (FTC) announced five law enforcement actions that it said are part of a crackdown on deceptive artificial intelligence (AI) claims and...

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Visa Responds to DOJ Debit Card Complaint
Visa Responds to DOJ Debit Card Complaint
September 24, 2024  |  ANTITRUST

Following through on reports circulated Monday (Sept. 23), the U.S. Department of Justice filed an antitrust lawsuit against Visa, accusing it of stifling competition in...

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Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024  |  Legal & Regulation

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the...

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Javice Trial: Frank Founder’s Fraud Case Delayed Amid Defense Preparations
Javice Trial: Frank Founder’s Fraud Case Delayed Amid Defense Preparations
September 23, 2024  |  Legal & Regulation

Charlie Javice, the young entrepreneur accused of deceiving JPMorgan Chase in a $175 million acquisition deal, will now face trial next year, according to several published reports. A...

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