Capital and Risk, Credit, Regulations
August 24, 2023
Via: Banking DiveFour large banks will pay $499 million to settle a class-action lawsuit levied against them in 2017 by U.S. pension funds over the banks’ alleged attempts to thwart competition in the stock-lending market. JPMorgan Chase, Goldman Sachs, Morgan Stanley and […]
August 18, 2022
Via: Insurance JournalCalifornia Insurance Commissioner Ricardo Lara announced a major settlement with National Health Insurance Co. The California Department of Insurance alleged that the company continuously violated California law since 2015 by failing to post a list online of covered prescription drugs […]
July 16, 2020
Via: Insurance JournalA settlement has been announced between Libre by Nexus Inc. in which it will cease transacting immigration bonds in the California, phase out the use of GPS ankle monitors, and issue credits to clients still in arrears with Libre. Additionally, […]
April 20, 2020
Via: Insurance JournalOne of the largest consumer credit reporting agencies in the country has agreed to pay $18.2 million and undertake significant injunctive relief following a massive data breach in 2017 that compromised the personal information of nearly three million Massachusetts residents, […]
June 10, 2019
Via: Insurance JournalWells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their vehicles repossessed. The bank […]
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