Southern District of New York dismisses Block customer data breach class action
A New York federal court dismissed a consolidated class action that alleged Block Inc. made false statements about its data...
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Eighth Circuit affirms dismissal of MBA’s NSF guidance lawsuit against FDIC
In a unanimous decision, an Eighth Circuit panel upheld a Minnesota federal court’s dismissal of the Minnesota Bankers Association’s lawsuit...
FINRA files enforcement action against former Synapse officers over alleged supervisory failures
FINRA charged two former Synapse Brokerage executives over failures tied to the firm’s cash management program before Synapse collapsed.
Capital One sues FDIC over $149M overcharge in SVB, Signature Bank fallout
Capital One sued the FDIC in the Eastern District of Virginia, alleging it unlawfully imposed an excessive $474.1 million special...
ABA files amicus brief in New York Court of Appeals opposing retroactive application of FAPA
ABA filed a coalition amicus brief urging the New York Court of Appeals to hold that FAPA does not apply...
Kentucky federal court upholds Regulation II, creating split with North Dakota federal court
Judge Gregory Van Tatenhove of the Eastern District of Kentucky upheld Reg. II, creating a split from Judge Daniel M....
5th Circuit limits Jarkesy’s reach in banking enforcement
In a unanimous decision, a Fifth Circuit panel upheld industry bans and $250,000 fines against former bank executives, ruling that...
First Circuit revives Rhode Island interest-on-escrow lawsuit
A unanimous First Circuit panel ruled Citizens Bank did not adequately allege the National Bank Act preempts Rhode Island’s interest-on-escrow...
Recent news from Treasury’s Office of Foreign Assets Control: September 29
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.
Recent news from Treasury’s Office of Foreign Assets Control: September 22
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.
