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Robinhood to pay $65M fine to settle SEC charges for misleading customers
Robinhood Financial LLC agreed to pay a penalty of $65 million to settle the charges of the Securities and Exchange Commission (SEC) alleging that the company misled its customers. On…
By Marivic Cabural SummersLatest news
Ascension Data & Analytics settles FTC charges over its failure related to consumer data protection
The Federal Trade Commission (FTC) announced that Ascension Data & Analytics agreed to settle its complaint alleging that…
By Marivic Cabural SummersMassachusetts regulators sued Robinhood for being a ” very reckless company”
Massachusetts securities regulators filed a complaint against Robinhood Financial LLC, accusing the popular online brokerage of greediness and…
By Rochdi RaisGoogle, Amazon slapped with fines by French regulator for privacy breaches
A French data privacy watchdog on Thursday fined Alphabet’s Google some 100 million euros or $121 million for…
By Dee DulfoBlueCrest to pay $170 million to settle SEC charges over its inadequate disclosures
BlueCrest Capital Management Limited agreed to pay $170 million to settle a complaint filed by the Securities and…
By Marivic Cabural SummersGE agrees to pay $200 million to settle SEC charges for allegedly misleading investors
General Electric Company (NYSE: GE) agreed to pay $200 million to settle a lawsuit filed by the Securities…
By Marivic Cabural SummersFacebook faces antitrust lawsuits filed by FTC and state attorneys general
Facebook (NASDAQ: FB) is hit with two separate antitrust lawsuits filed by the U.S. Federal Trade Commission (FTC)…
By Marivic Cabural SummersFTC stops “debt parking scheme” by debt collector Midwest Recovery Systems
The Federal Trade Commission (FTC) prohibited a debt collector, Midwest Recovery Systems from placing bogus or highly questionable…
By Marivic Cabural SummersApple hit with €10 million fine over deceptive claims that iPhones are waterproof
Apple has been slapped with a €10 million penalty by Italy’s antitrust watchdog over its deceptive claims that…
By Marivic Cabural SummersGM to recall 5.9 million vehicles due to air-bag safety concerns
In an unforeseen $1 billion expense, General Motors (GM) announced plans to recall 5.9 million SUVs and pickup-trucks…
By Colby McCoyRegeneron obtains FDA emergency use authorization for its COVID-19 antibody treatment
The U.S. Food and Drug Administration (FDA) granted Regeneron Pharmaceuticals (NASDAQ; REGN) an emergency use authorization (EUA) for…
By Marivic Cabural Summers