Remove companies first-data-corp
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India bank regulator blocks Mastercard from issuing new cards

JURIST

The Reserve Bank of India on Wednesday indefinitely barred Mastercard, a payment operating company, from issuing new debit, credit or prepaid cards to customers in India over the company’s non-compliance with Indian rules on local data storage. and Diners Club International Ltd.

Legal 104
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Four New Enforcement Themes Emerge at SEC

Intelligize Blog

The financial cops last month announced charges against three former executives of software company Kubient Inc. tied to allegations of a scheme to fudge the company’s revenue from two stock offerings. Companies caught up in the sweep, which yielded nearly $4 million in penalties, included Goldman Sachs and Alphabet.

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On LawNext Podcast: Litera CEO Sheryl Hoskins On Her First 17 Months and What’s Ahead For Her Company

LawSites

She came into that role following a period in which the company saw significant growth, fueled in part by a series of some 17 acquisitions, through which the company expanded from a primary focus on document technology into such areas as contract review, transaction management, firm intelligence, talent management, governance, and more.

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SEC Toughens Transparency Rules for SPACs

Intelligize Blog

We don’t hear much anymore in the compliance world about special purpose acquisition companies, more commonly known as SPACs. It tends to be bad when we do, such as last week’s news that the Securities and Exchange Commission slapped Northern Star Investment Corp. II with a $1.5 II with a $1.5

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Risk Disclosures Reflect Concerns About Geopolitical Instability

Intelligize Blog

The alarm bells are sounding as an Oxford Economics survey of businesses found that companies see geopolitical tensions as the top risk to the global economy over the next two years. Here are a few examples of how companies are portraying their concerns about geopolitical tensions in recent SEC filings. Nvidia Corp. businesses.

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Petitions of the week: Three Second Amendment petitions and a Wiretap Act claim against Facebook

SCOTUSBlog

Facebook users brought a class action alleging that the tech company violated the Wiretap Act between 2010 and 2011. Specifically, the users claim that Facebook plug-ins on different websites allowed Facebook to gather URL data even when they were logged out of Facebook, which the users contend was an unlawful “interception.”

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SEC’s Win in ‘Shadow Trading’ Case Shines Light on Corporate Trading Policies

Intelligize Blog

But what if you possess inside information about one company that also applies to another, like one of its rivals? The decision could prompt companies to re-evaluate how they monitor the trading behavior of key employees. Known as “shadow trading,” that’s a no-no, too. Brower and Emily R.