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Credit and Finance

Federal Trade Commission
National

FTC Wins $6.5 Million Contempt Order Against Payment Firm

May 25, 2026May 24, 2026 - by Maryann Pugh

WASHINGTON, D.C. — A federal judge in Nevada ordered payment processor Cliq Inc. and two executives to pay $6.5 million in civil contempt sanctions after finding the company violated a …

FTC Wins $6.5 Million Contempt Order Against Payment Firm Read More

Federal Trade Commission (FTC)
National

FTC Warns Payment Giants Over Account Access Concerns

March 30, 2026March 29, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Federal regulators warned major payment companies they could face enforcement action if they improperly deny customers access to financial services, citing concerns about account restrictions tied to …

FTC Warns Payment Giants Over Account Access Concerns Read More
Federal Trade Commission (FTC)
National

FTC Sends $47 Million in Refunds to Renters Over Hidden Fees

March 15, 2026March 14, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission is distributing more than $47.2 million in refunds to renters who were charged undisclosed fees and other unlawful costs by Invitation Homes, one …

FTC Sends $47 Million in Refunds to Renters Over Hidden Fees Read More

Alterra IOS
Regional

Alterra IOS Secures $100M Credit Facility as Industrial Storage Demand Surges

January 22, 2026January 20, 2026 - by Timothy Alexander

PHILADELPHIA, PA — Alterra IOS said it has closed a $100 million fund-level revolving credit facility with BMO, strengthening its balance sheet as competition accelerates across the industrial outdoor storage …

Alterra IOS Secures $100M Credit Facility as Industrial Storage Demand Surges Read More
Business News
Regional

Amalgam Rx Secures $20 Million Investment to Advance Medical-Grade AI Platform

August 18, 2025August 16, 2025 - by Timothy Alexander

WILMINGTON, DE — Amalgam Rx, Inc. has secured a $20 million credit investment from Catalio Capital Management, a healthcare-focused investment firm, to accelerate the growth and deployment of its Medical-Grade …

Amalgam Rx Secures $20 Million Investment to Advance Medical-Grade AI Platform Read More

Innovative Solutions & Support, Inc.
Finance

Innovative Solutions & Support Secures $100M Credit Facility to Fuel Growth

July 28, 2025July 26, 2025 - by Timothy Alexander

EXTON, PA — Innovative Solutions & Support, Inc. (NASDAQ: ISSC) has entered a new five-year, $100 million credit agreement arranged by JPMorgan Chase Bank, marking a significant increase in financial flexibility …

Innovative Solutions & Support Secures $100M Credit Facility to Fuel Growth Read More
Funds
National

FTC Sends $2.9 Million in Refunds to Homeowners Deceived by Ygrene Energy Fund

July 13, 2025July 13, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) announced it is distributing more than $2.9 million to consumers misled by Ygrene Energy Fund, a home-improvement financing company accused of deceptive …

FTC Sends $2.9 Million in Refunds to Homeowners Deceived by Ygrene Energy Fund Read More

Federal Trade Commission
National

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts!

May 4, 2025May 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced decisive action against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, over allegations of widespread fraudulent debt collection …

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts! Read More
Federal Trade Commission
National / Small Business

FTC Takes Action to Shield Small Business Owners from $37M Scam by Seek Capital

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has issued a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman, after allegations of deceptive practices targeting small business owners. …

FTC Takes Action to Shield Small Business Owners from $37M Scam by Seek Capital Read More
Federal Trade Commission
National

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has taken decisive action to shut down a phantom debt collection scheme, freezing its assets and temporarily halting operations following a lawsuit filed by …

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats Read More

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