Articles with tag: lawsuit

Found 4 results in 167 milliseconds.

WeChat takes legal actions for people selling fake face masks

17 Mar 2020 | Digital Identity, Security & Online Fraud

WeChat has announced that it filed lawsuits against five people who used its platform to sell fake masks.

WeChat, fake face masks, China, ecommerce, fraud, lawsuits, accounts, privacy violations, coronavirus

Lawsuit claims Lyft misled investors in its IPO prospectus

21 May 2019 | Digital Identity, Security & Online Fraud

A class-action lawsuit has claimed Lyft misled investors in its filing to go public, and its shares dipped as much as 3.6%, while the stock ended trading up 1.6%.

Lyft, lawsuit, investors, IPO prospectus, fraud, misleading, stock, shares, US, mischief, market share, safety

Alibaba solves USD 250 mln lawsuit

06 May 2019 | Digital Identity, Security & Online Fraud

Alibaba has settled a USD 250 million US lawsuit that accused the ecommerce company of concealing regulatory warnings about its ability to stop counterfeiting.

Alibaba, lawsuit, counterfeit, regulatory warnings, US, ecommerce, initial public offering, fraud, securities, litigation, shareholders

Fintech company WB21 faces lawsuit and scam accusations

03 Dec 2018 | Digital Identity, Security & Online Fraud

The US Securities and Exchange Commission has revealed a civil lawsuit against WB21, for aiding and abetting the sale of USD 165 million worth of shares in microcap stocks.

WB21, scam accusations, lawsuit, fraud, banks, shares, account opening, money transfer, digital bank