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Latest News in Compliance
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May 21, 2026
A former U.S. Securities and Exchange Commission financial economist testified Thursday in the criminal securities fraud case against Citron Research founder Andrew Left, telling a California federal jury that allegedly deceptive tweets posted by the "activist investor" clearly had a "statistically significant" impact on companies' stock prices.
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May 21, 2026
Online bill pay service Doxo violated federal law by failing to disclose the terms of its doxoPLUS subscription before obtaining customers' payment information, a Washington federal judge ruled Thursday, granting the Federal Trade Commission a partial win in its suit accusing the company of duping consumers into paying hidden fees.
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May 21, 2026
An economics expert for Meta testified Thursday against New Mexico's desired $3.7 billion plan to abate social media's harm to mental health, calling it more "a spending plan" than one for abatement and claiming $27 million will do the job.
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May 21, 2026
President Donald Trump on Thursday abruptly delayed the planned signing of an executive order to tackle cybersecurity concerns surrounding emerging artificial intelligence models, saying he was worried the proposal to encourage developers to voluntarily share their systems with the government for pre-release testing would impede innovation.
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May 21, 2026
An Illinois federal judge Wednesday gave the final green light to a settlement under which Discover Financial Services will pay between $540 million and $1.2 billion to resolve class action allegations it misclassified certain credit card accounts.
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