Chester County News and Community Website
WASHINGTON, D.C. — Global payment processor Nuvei will pay $4.85 million and overhaul how it screens merchants under a proposed Federal Trade Commission settlement filed in Arizona, resolving allegations that …
FTC Forces Nuvei to Pay $4.85 Million in Fraud Case Read More
LANCASTER, PA — Burnham Holdings Inc. (OTC-Pink: BURCA) increased its borrowing capacity to $130 million under a new five-year revolving credit facility this month, giving the HVAC manufacturer additional liquidity …
Burnham Boosts Credit Capacity to $130 Million Read More
WASHINGTON, D.C. — The Federal Trade Commission will no longer pursue discrimination claims based on disparate-impact theories, narrowing how the agency will use its consumer-protection authority while preserving enforcement against …
FTC Rejects Disparate-Impact Claims Under Consumer Law Read More
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 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 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
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
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
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
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