New York Attorney General (AG) Letitia James on Wednesday filed a lawsuit against the company behind the electronic payment platform Zelle for failing to protect its users from fraud. The lawsuit accuses Early Warning Services, LLC (EWS) of rushing its platform Zelle to market in 2017 to compete with Venmo and PayPal, prioritizing speed and [...]

A US federal appellate court on Monday vacated an order of summary judgment against a Federal Reserve Bank employee’s religious accommodation claim arising from the institution’s COVID-19 vaccine mandate. The suit was filed by executive assistants Jeanette Diaz and Lori Gardner-Alfred. The US Court of Appeals for the Second Circuit issued a mixed ruling, allowing [...]

The US Court of Appeals for the Ninth Circuit on Wednesday upheld a Securities and Exchange Commission (SEC) policy prohibiting settlement defendants from publicly denying enforcement allegations. The court found that the SEC rule is constitutionally permissible despite free speech concerns. The court applied the “voluntary waiver” framework established in the 1987 Supreme Court ruling, [...]

A US federal court on Wednesday reinstated a lawsuit filed by a New York state court clerk who claims she was fired for complying with an investigation into her boss. Samantha Long, a former court clerk for the town of New Lebanon, New York, contended that she was fired for cooperating with a New York [...]

A judge found former Colombian president Álvaro Uribe guilty of bribery and witness tampering on Monday. This marks the first time that a Colombian ex-president has been convicted in a criminal trial. The landmark ruling follows a long legal battle that dates back more than a decade. In 2012, Uribe levied allegations against Senator Iván [...]

A US federal court on Monday upheld the dismissal of claims brought by US service members and civilians against three major global banks accused of indirectly funding terrorist attacks in Afghanistan. The US Court of Appeals Second Circuit dismissed the lawsuit on the grounds that the plaintiffs failed to “plausibly allege that Defendants are liable [...]

A US federal judge in California certified a class action lawsuit against the AI company Anthropic on Thursday. The lawsuit concerns millions of copyrighted books that were allegedly pirated to train Anthropic’s Claude AI platform, setting the stage for what may become one of the largest copyright infringement cases in US history.  Senior District Judge [...]

Texas Attorney General (AG) Ken Paxton on Wednesday announced an investigation into Mars, Incorporated (Mars) for deceptive trade practices that allegedly violate the rights of Texas consumers. The investigation centers on two allegations against Mars, a large multinational manufacturer most known for its brands of candy like M&M’s, Skittles and Snickers. First, Mars publicly announced [...]

The US Securities and Exchange Commission (SEC) on Friday agreed to dismiss a landmark lawsuit that sought to enforce mutual fund liquidity standards. The SEC initially filed the lawsuit in 2023, charging New York investment firm Pinnacle Advisors, LLC  (Pinnacle) with violating the Investment Company Act of 1940 (ICA). The federal lawsuit was filed in [...]

US President Donald Trump signed an executive order on Monday directing federal agencies to eliminate subsidies for wind and solar energy projects. The presidential order, titled “Ending Market Distorting Subsidies for Unreliable, Foreign Controlled Energy Sources,” coincides with the One Big Beautiful Bill Act, which recently passed in the House and the Senate. Within 45 [...]