June 24, 2025

lawsuit

Crypto

Florida man accuses Denver crypto school of fake crypto exchange

An investor claims that a fraudulent online trading school in downtown Denver has partnered with a fake cryptocurrency exchange in Cherry Creek to rob him of $860,000. Brian Firestone of Florida says he was approached in December by a man named John Smith with the Alpha Stock Investment Training Center. Smith offered to teach Firestone

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Mortgage

Former Sprout Mortgage leaders likely to be dismissed from lawsuit

The named officials at the now-defunct lender include former chief financial officer Christopher Wright, former president and chief production officer Shea Pallante, and former chief credit officer Elliot Salzman. “Plaintiffs have had four opportunities over the course of more than two years to plead a viable case,” U.S. Magistrate Judge Lee Dunst wrote, noting that

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Finance

Cherfilus-McCormick still silent on $5.8M overpayment and campaign finance investigation

WEST PALM BEACH, Fla. (CBS12) — CBS12 News has spent months trying toget answers from Congresswoman Sheila Cherfilus-McCormick regarding a $5.8 million overpayment her company, Trinity Health Care Services, received from the State of Florida. According to the state, it mistakenly overpaid Trinity while Cherfilus-McCormick was the CEO. Now, the state wants that money back

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Investors

Live Nation to Pay $20M to Settle Investor Lawsuit Over Antitrust Risk

Live Nation has agreed to pay $20 million to settle a lawsuit claiming the company failed to warn investors about the kind of anticompetitive behavior that ultimately led to the Justice Department’s sweeping antitrust case. In a filing Friday (March 21) in California federal court, attorneys for the plaintiffs said the deal with Live Nation

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Crypto

XRP Price Spikes Over 13% As SEC Drops Crypto Case Against Ripple

Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs

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