Synovus Bank and two other companies have agreed to shell out $2.1 million to escape claims they played a role in the massive TelexFree Ponzi scheme that allegedly cost its victims billions, and Massachusetts federal court is being asked to give...

A slew of financial services providers including Wells Fargo, Bank of America, TD Bank and PwC pushed back Friday in Massachusetts federal court against an attempt to revise allegations linking them to the TelexFree Ponzi scheme, arguing the repeat bids for revision are wasting the...

Victims of the $3 billion TelexFree Ponzi scheme claim that new evidence supports their allegations against five financial service providers previously cut from their 2014 suit over the scam and are asking a Massachusetts federal judge to accept their fifth amended...

Victims of the $3 billion TelexFree Ponzi scheme told a Massachusetts federal judge on Tuesday they've reached three settlements with the company's former chief financial officer, one of its payment processors and Synovus Bank. If approved, the settlements would provide $2.1...

By Bryan Koenig A California federal judge floated the possibility of appointing separate counsel Thursday for a class of indirect cathode ray tubes purchasers, after saying he shouldn't have cleared a $576.8 million bundle of antitrust settlements and admonishing...

By Matt Bernardini A California federal judge will reconsider a $576.8 million bundle of antitrust settlements after the Ninth Circuit on Wednesday remanded a certification order and settlement approval for a class of indirect cathode ray tube purchasers.  ...