FTC sues Texas anesthesiology provider to bust monopoly
The Federal Trade Commission on Thursday sued the largest anesthesiology provider in Texas, claiming the company has wielded monopoly power…
Sen. Blumenthal plans action against telemarketing scams masquerading as political, charitable causes
Sen. Richard Blumenthal is moving ahead with new legislative efforts to combat telemarketing scams that have raised millions of dollars…
Electric utilities face billions in wildfire liability with aging power lines risking another catastrophe
Electric companies in the western U.S. are facing mounting lawsuits alleging that their failure to prepare for extreme weather has…
Wells Fargo repays clients $40 million for excessive investment advice fees
Wells Fargo paid back $40 million to almost 11,000 customers who for years were overcharged on fees for investment advice,…
CFPB to crack down on data brokers, Chopra says at White House event
WASHINGTON — The White House on Tuesday held a roundtable examining potentially harmful data broker practices, part of an administration…
Some crypto assets are securities, Manhattan judge says, complicating Coinbase and Ripple cases
A Manhattan federal judge said in an opinion that cryptocurrencies are considered securities regardless of how they are sold. It allows…
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion…
The SEC wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them
The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to…
Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees
Bank of America, the second-largest U.S. bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its…
SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas
The Securities and Exchange Commission fined the broker-dealer subsidiary of JPMorgan Chase $4 million for accidentally deleting about 47 million…
