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The $245 million settlement — a huge number but one that doesn’t top the regulator’s $5 billion fine against Facebook in 2019 — will go toward refunding customers. The FTC order will also ...
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
REUTERS / Reuters. Some iPhone owners who filed claims in Apple’s $500 million class action settlement over battery throttling have reportedly started to receive their cuts of the payout. In ...
Epic will pay $275 million for allegedly violating the COPPA rule as part of a proposed federal court order. The agency says that's the largest penalty it has obtained to date over a rule ...
As part of its purchase of MasterCard from Citibank Canada in 2010, CIBC acquired the co-branded Petro-Canada rewards credit card and continues to jointly market the card. [21] From 1991 to 2014, CIBC was the primary issuer of credit cards as part of Air Canada's loyalty program, Aeroplan. In 2009, the airline loyalty program announced that a ...
AT&T has begun notifying U.S. state authorities and regulators of a security incident after confirming that millions of customer records posted online last month were authentic. In a legally ...
Charge-off. A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off .
If you were a T-Mobile customer in August 2021, you may get a few dollars from the carrier in the near future. It has agreed to settle a consolidated class action lawsuit filed against the company ...