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14 Nov 2017, 3:27 am by Kevin LaCroix
 Given their anonymous and unregulated nature, cryptocurrencies have evolved into the payment mechanism of choice for unlawful transactions – from buying a fake I.D. or a bottle of opiates, to receiving a cache of credit card numbers or stolen identities, to collecting a ransomware payment demand or evading taxes. [read post]
In a recent proposed class action consumer lawsuit against Ocwen Loan Servicing, LLC, the parties have agreed to a financial settlement of $17.5 million to cover the claims of more than 1.6 million customers. [read post]
3 Nov 2017, 6:02 am
Posted by HLS Forum on Corporate Governance and Financial Regulation, on Friday, November 3, 2017 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of October 27–November 2, 2017. [read post]
2 Nov 2017, 2:28 pm by Lily Becker
Of that amount, $208.5 million will be collected by Swedish or Dutch authorities, and $208.5 million will be paid to the SEC. [read post]
13 Oct 2017, 6:44 am
Posted by HLS Forum on Corporate Governance and Financial Regulation, on Friday, October 13, 2017 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of October 6–12, 2017 2017 Proxy Season Review: Compensation Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Friday, October 6, 2017 Tags: Bonuses, Equity-based compensation, Executive Compensation, Golden… [read post]
10 Oct 2017, 6:34 am by Joy Waltemath
The court also certified a California settlement class and FLSA collective, signed off on a (modified) fee award of $412,000, and approved a $10,000 service award to the named plaintiff (Walsh v. [read post]
9 Oct 2017, 7:01 am by Richard Hunt
Allure Rehabilitation Services, LLC et al,  2017 WL 4297237,  (E.D.N.Y. [read post]
8 Oct 2017, 10:12 am by Wolfgang Demino
Hill Jr. did sign legal services agreements with attorney Gregory Shamoun and SHAMOUN & NORMAN, LLP (a solo lawfirm all but in name) and paid ca $1 million in fees for work he was billed for, but got sued by Shamoun after settlement for a multiple of the billed fee amount as a “bonus” for what Shamoun calls “global settlement services. [read post]
27 Sep 2017, 2:35 pm by Phyllis H. Marcus
Users who meet their weekly goals were supposed to be rewarded with a share of the money collected from those who did not. [read post]
27 Sep 2017, 2:35 pm by Phyllis H. Marcus and Andrew W. Eklund
Users who meet their weekly goals were supposed to be rewarded with a share of the money collected from those who did not. [read post]
27 Sep 2017, 1:21 pm by Jeffrey Neuburger
  This suit brings to mind a 2016 BIPA settlement concerning a tanning salon’s collection of fingerprints for the purpose of verifying members during check-in. [read post]
10 Sep 2017, 3:07 pm by Wolfgang Demino
LEVY, District Judge.Jane Forrester Winne and Transworld Systems, Inc. notified the Court on May 2, 2017, that they had reached a settlement agreement. [read post]