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Corporate Counsel

FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'

The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach."
4 minute read

Corporate Counsel

Discover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles

Discover had hoped to complete its sale before Hope Mehlman exits as legal chief Nov. 27. But Capital One recently acknowledged that completing the deal this year is no longer a possibility.
4 minute read

Corporate Counsel

The Reason a GC Abruptly Departs May Not Be What You Think

"One of the biggest issues is when the new general counsel and the executive leadership team are not aligned in their approach and decision-making," said John Gilmore, co-founder of the search and consulting firm BarkerGilmore.
6 minute read

New York Law Journal

New Cybersecurity Regulations are Here. This Is What You Need to Know.

Attorneys from Quinn Emanuel Urquhart & Sullivan break down new requirements promulgated by the New York State Department of Financial Services.
5 minute read

Law.com

Greenberg Traurig Initiates String of Suits Following JPMorgan Chase's 'Infinite Money Glitch'

The string of fraud incidents was spurred by a viral video on TikTok in August, in which users claimed to discover a systemwide "glitch" in Chase ATM's allowing unlimited amounts of money to be withdrawn.
3 minute read

National Law Journal

'Absurd Costs'?: Visa Faces Antitrust Class-Action Surge Following DOJ Complaint

At least four antitrust class actions allege Visa forced merchants and consumers to pay artificially inflated prices for debit card transactions, mirroring the allegations of a U.S. Department of Justice complaint.
3 minute read

New York Law Journal

NY Antitrust Investigators Seek Subpoena in Probe of Potential Capital One-Discover Merger

Attorney General Letitia James' office said its antitrust bureau is confidentially investigating the proposed transaction's effects on competition under New York's Donnelly Act.
3 minute read

The Recorder

Coinbase Scores Arbitration Win Under New Federal Precedent

"In the time since the plaintiff filed his complaint, nearly two years have passed," a Coinbase spokesperson said in a statement. "During this time, he could have gone to arbitration and obtained a decision on the merits."
4 minute read

New York Law Journal

NY Top Court Punts Certified Foreclosure Question Back to 2nd Circuit

The U.S. Court of Appeals for the Second Circuit had asked the New York Court of Appeals whether FAPA applies retroactively to actions occurring prior to enactment of the Foreclosure Abuse Prevention Act and whether retroactive application is constitutional.
5 minute read

Corporate Counsel

First Horizon Hires GC Steeped in Tennessee Politics

Lang Wiseman, 53, is taking the legal reins from Charles Tuggle, 76.
3 minute read

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