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POLICY & REGULATION
LITIGATION
Fintech Co. Says Nuvei Bungled Mastercard Transactions
By Gina Kim
Chicago-based fintech and futures prop trading firm Topstep has sued Nuvei Technologies in Arizona federal court, alleging the payment processor concealed a system error that bungled 189,000 Mastercard transactions and then tried to improperly resubmit them, leaving Topstep's customers "blindsided with unexpected charges" and resulting in reputational harm to Topstep.
Complaint attached |
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DEALS
BANKRUPTCY
PEOPLE
LEGAL INDUSTRY
Protesters Say Feds' Fight Shows Need For Misconduct Probe
By Lauraann Wood
The U.S. government's opposition to a special investigation of prosecutorial misconduct that "poisoned" a now-dismissed criminal conspiracy case suggests Chicago prosecutors are still shielding critical details regarding the extent of official communications preceding the prosecution, underscoring the probe's necessity, protesters argued Tuesday.
Response attached |
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Apple Backs Its $132K Fee Ask Over 'Bad Faith' Subpoenas
By Bonnie Eslinger
Apple has urged a California federal magistrate judge to grant its $132,700 attorney fee request as a sanction against plaintiff consumers' lead lawyer in antitrust litigation claiming Google muscles out rival search engines, but said Apple's counsel doesn't want to disclose their "highly and competitively sensitive" negotiated legal rates.
Statement attached |
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