settlement

5 articles
BenzingaBenzinga··Lekha Gupta

Chevron Settles $1M Clean Fuel Credits Penalty Over Double-Counting Violations

Chevron settles DOJ renewable fuel credits violation, paying $1 million penalty and retiring $3.6 million in invalidly generated credits from 2022 double-counting scheme.
CVXFDLHDVNANRsettlementrenewable fuel credits
Investing.comInvesting.com··Timothy Fries

SoFi Stablecoin Enters Global Payments via Mastercard Deal

SoFi Technologies launches SoFiUSD stablecoin on Mastercard's global payments network, tapping a $30 billion daily market. CEO buys $1 million in stock.
SOFIMAfintechstablecoin
BenzingaBenzinga··Lekha Gupta

Visa Expands Stablecoin Push With Bridge Partnership Amid Market Headwinds

Visa expands stablecoin-linked card partnership with Bridge to 100+ countries, advancing digital payments strategy amid near-term stock headwinds.
Vcryptocurrencymarket decline
GlobeNewswire Inc.GlobeNewswire Inc.··Na

LuxUrban Hotels Settles Securities Lawsuit Without Admission of Liability

LuxUrban Hotels settles securities lawsuit through D&O insurance with no defendant contribution or admission of liability. Plaintiffs faced significant legal obstacles during litigation.
LUXHQsecurities class actionclass certification
GlobeNewswire Inc.GlobeNewswire Inc.··Na

LuxUrban Hotels Settles Securities Suit Without Admission of Liability

LuxUrban Hotels settled a securities lawsuit without admitting liability. The insurance-funded agreement resolved fraud allegations regarding lease arrangements and operational projections.
LUXHQsecurities class actionclass certification