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Fintech company Figure Lending LLC has escaped a consumer's proposed class action over the alleged false marketing of its loans, with a federal judge ruling the plaintiff did not show the North Carolina court has subject-matter jurisdiction over the claims.

Fintech company Figure Lending LLC has escaped a consumer's proposed class action over the alleged false marketing of its loans, with a federal judge ruling the plaintiff did not show the North Carolina court has subject matter jurisdiction over the claims.

An Illinois federal judge has rejected requests from mortgage servicer Dovenmuehle Mortgage Inc. and a consumer leading a proposed class action accusing it of sending inaccurate payment history information to consumer reporting agencies, saying neither summary judgment for the servicer nor class certification are appropriate at this time.

Housing loan servicer Selene Finance LP says a North Carolina federal court should end a proposed class action alleging the company sent false and deceptive notices about defaults, arguing the suit fails to describe any remediable harm.

Crypto Investment Firm Accused Of Fraud Must Face Ga. Suit

The recently ousted CEO of mortgage and real estate company Better.com has sued the company and several directors in Delaware's Chancery Court seeking to invalidate a shareholder plan he claims interferes with stockholder voting rights.

The CEO of Power Block Coin LLC, which does business as SmartFi, asked the Pennsylvania federal court for a win in a suit alleging he refused to fulfill their "buyback guarantee" of SmartFi tokens, saying the investors cannot even show they personally bought the tokens.

A Texas resident has hit crypto ATM operator Athena Bitcoin with a proposed class action accusing it of failing to flag transactions that exceed its daily transaction limits, which allowed scammers to dupe him out of nearly $30,000 that has not been returned.

A New Jersey man has admitted to federal prosecutors that he used his standing within his Orthodox Jewish community to defraud investors out of more than $47 million with a Ponzi-like scheme and now faces a suit from the U.S. Securities and Exchange Commission over the conduct.

A California judge dismissed a suit against Meta over ads on its platforms from scammers impersonating financial professionals to run pump-and-dump investment schemes, saying the theory of the case was "not entirely clear" before giving plaintiffs one more chance to amend their complaint.