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The plaintiff, investor Ryan Coffey, is seeking unspecified damages and a declaration that Ripple Labs and Chief Executive Officer Bradley Garlinghouse sold unregistered securities. Coffey is seeking to proceed on behalf of all purchasers of Ripple tokens.
May 4 -
The Bridgeport, Conn., company said Friday that CEO Jack Barnes has relinquished the president's title and that Jeff Tengel has moved into the role.
May 4 -
One woman's legal battle of more than a decade could develop into one of the biggest gender discrimination lawsuits to hit Wall Street. Bank of America faces a complaint after its sexual harassment ouster, and loses another top female executive. Plus, lots of tech initiatives.
May 4
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China's mobile payment lessons for U.S. bankers; Steven Mnuchin's wishful thinking on GSE reform; unpacking Mick Mulvaney's CFPB relocation musings; and more from this week's most-read stories.
May 4 -
Rather than heading off to a galaxy far, far away, credit union members and employees from all over got into the spirit of "Star Wars Day" once again this year. May the Fourth be with you!
May 4 -
Onboarding technology isn't enough if the account opening process is too cumbersome, a J.D. Power survey finds.
May 4 -
The Minnesota CU is now part of a nearly $800 million-asset institution and will increase the number of products and services available to members.
May 4 -
Both Republicans and Democrats are making threats against banks that don't take their side on gun control.
May 4IntraFi Network -
Longtime executives Bill Parker and Jennie Carlson plan to retire from the Minneapolis company, giving CEO Andy Cecere an opportunity to reshape his executive team.
May 4 -
Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening.
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