In a major turn of events, the U.S. automotive industry finds itself in the midst of a dark chapter that could potentially benefit thousands of Chevrolet and General Motors (GM) vehicle owners. A recent court ruling has resulted in a historic settlement that could see some drivers receiving up to $12,700 in financial compensation. For Continue reading
settlements
Say Goodbye to Oversight Failures: Cash App Owner Block Fined $40 Million by New York for Lapses in Anti-Money Laundering Compliance
Block Inc., the financial technology company founded by Twitter co-founder Jack Dorsey and the parent of popular mobile payment platform Cash App, has agreed to pay a $40 million civil penalty to the New York Department of Financial Services (NYDFS). The settlement addresses the company’s significant compliance failures in monitoring for money laundering and enforcing Continue reading