A federal judge blocked the Department of Government Efficiency (DOGE) from accessing sensitive personal information at the Social Security Administration. U.S. District Judge Ellen Lipton Hollander granted a preliminary injunction Thursday (April 17) that vacated and superseded a temporary restraining order she issued March 20,...
The New York State Attorney General sued earned wage access providers DailyPay and MoneyLion on Monday (April 14), accusing them of illegal and deceptive conduct and abusive lending practices. The lawsuits allege that the companies’ services are payday loans and that the fees the companies...
The Trump administration’s justification for its tariffs is being challenged by a lawsuit filed in the U.S. Court of International Trade on behalf of five small businesses. The Liberty Justice Center said in a Monday (April 14) press release that it filed the suit arguing...
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report with the Central California Bankruptcy Court that laid the ground for dismissal or conversion of...
Earned wage access company DailyPay has sued New York Attorney General Letitia James. The company’s suit, filed Monday (April 7), is aimed at stopping what DailyPay says is an attempt by James to block on-demand pay via New York’s usury laws. Those laws, the company...
Startup founder Charlie Javice has been convicted of defrauding JPMorgan Chase by misleading the bank about her customer base. A federal jury in Manhattan on Friday (March 28) found Javice — founder of student financial aid platform Frank — and fellow executive Olivier Amar guilty...
The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. The regulator’s amended complaint added corporate defendants Sunrise Solutions USA LLC, Alumni Advantage LLC, Student Processing Center Group LLC, SPCTWO LLC and Accredit LLC, and...
The Federal Trade Commission’s law enforcement actions resulted in $337.3 million in refunds to consumers in 2024. That total included $280.7 million in refunds directly from the FTC, with the remainder being returned to consumers by the defendants or other federal agencies administering the refund...
A federal judge wants more information on Elon Musk’s government cost-cutting project. As Reuters reported Thursday (March 13), U.S. District Judge Tanya Chutkan has ordered the Musk-led Department of Government Efficiency (DOGE) to turn over a variety of records and answer queries about their work at slashing...
