CFPB Drops Lawsuit Against Banks Over Zelle Scams
Posted inBank of America Corporation Banking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Frauds and Swindling JPMorgan Chase & Company Mobile Commerce and Payments Regulation and Deregulation of Industry Shutdowns (Institutional) Suits and Litigation (Civil) Vought, Russell T Wells Fargo & Company Zelle (Early Warning Services LLC)

CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
He Fought Claims of Harm From Infant Formula. Now He Regulates It.
Posted inAbbott Laboratories Appointments and Executive Changes Babies and Infants Conflicts of Interest Ethics and Official Misconduct Food Food and Drug Administration Infant Formulas Jones Day Kyle Diamantas Necrotizing Enterocolitis Premature Babies Regulation and Deregulation of Industry Suits and Litigation (Civil) United States Politics and Government

He Fought Claims of Harm From Infant Formula. Now He Regulates It.

Kyle Diamantas, a former corporate lawyer, is the new director for the F.D.A. food division, which oversees infant formula. He defended a top maker in cases claiming the company had not warned of potential risks to very low-weight babies.
Rodney McMullen, Kroger CEO, Resigns After Board’s Personal Conduct Investigation
Posted inAlbertsons Inc Antitrust Laws and Competition Issues Appointments and Executive Changes Cincinnati (Ohio) Company Reports Compensation for Damages (Law) Delaware Ethics and Official Misconduct Kentucky Kroger Company Labor and Jobs Layoffs and Job Reductions Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Suits and Litigation (Civil) Supermarkets and Grocery Stores United States

Rodney McMullen, Kroger CEO, Resigns After Board’s Personal Conduct Investigation

The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.