Tag Archives: settlements

After several Illinois residents received checks in the mail following a Facebook settlement, more are now expected as part of a new Google settlement. It all stems from the same Illinois law. The lawsuits against Google and Facebook claimed the companies violated the Illinois Biometric Information Privacy Act. Neither company has admitted wrongdoing in the cases, but settlements led to checks for many residents. Illinois’ Biometric Privacy Act prohibits private sector… Source link

By Nate Raymond and Tom Hals (Reuters) -At least six U.S. states, including Georgia, did not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson, which have been accused of fueling the nation’s opioid epidemic, according to the states’ attorneys general. States had until Saturday to decide whether to support the $21 billion proposed settlement… Source link

By Noor Zainab Hussain (Reuters) – Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry. The company told Reuters it had launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year. Bitcoin, the most popular crypto coin, jumped to a one-week high on the… Source link