Oregon will receive $14.8 million from a historic settlement with Google over its location tracking practices, Attorney General Ellen Rosenblum announced Monday. The $391.5 million settlement is the largest ever multi-state attorney general-led consumer privacy settlement. Rosenblum co-led the settlement with Nebraska AG Doug Peterson. Read More...
TheStreet.com
Wells Fargo Faces Huge Fine After Latest Scandal
Most recently, the bank came under fire from Sen. Elizabeth Warren (D-Mass.) for its use of the fast-cash bank-to-bank transfer service known as Zelle. The service was created in a partnership between several major banks, including Wells Fargo, Bank of America , JP Morgan Chase , and more to offer a transfer option similar to that of PayPal . Not long before that, Wells Fargo was called out for discriminatory practices after closing long-time accounts without warning.
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