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Wednesday, April 23, 2025

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Financial

California judge dismisses Pennsylvania credit union from identity theft case

The judge ruled that the court lacked jurisdiction over the credit union, which is headquartered and solely operates in Pennsylvania.

Polymarket follows Kalshi, Trump in suit against Minnesota’s prediction market ban

The third suit against Minnesota marks a mounting legal headache for the state as it prepares to defend its recently enacted, first-of-its-kind law in court.

Justices preserve SEC authority to claw back illicit funds in fraud cases

The high court’s ruling broke from a trend of previous decisions cutting against the government’s power to strip wrongdoers of ill-gotten gains.

Scotland's former leader rejects blame for estranged husband's embezzlement of party funds

The case has heightened concerns about the accountability of U.K. politicians after a series of scandals that has eroded trust in government at all levels.

US Foods faces class action over misappropriated retirement forfeitures

A group of employees maintained in a 29-page class action that US Foods Inc. wrongfully kept retirement plan forfeitures for its own gain.

Navy Federal Credit Union sued over insufficient reasons for credit denial

A Navy Federal Credit Union customer says "limited credit experience" is not a sufficient reason for denying a loan.

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