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Litigation-funder sues Merricks over Mastercard settlement
Law360, London: A representative of more than 45 million UK consumers in a class action against Mastercard is being sued by his litigation-funder over his decision to reach a settlement in the 拢10bn case for 拢200m.
FCA settles High Court case against law firm over illegal care home investment scheme
The Financial Conduct Authority (FCA) has announced that it has reached a confidential settlement in its High Court case against Lupton Fawcett LLP. The law firm was accused of being knowingly concerned with the promotion of collective investment schemes operated by the Qualia Group. While Lupton Fawcett did not admit liability, the firm expressed...
CMA secures Google's commitment to combat fake reviews in the UK
The Competition and Markets Authority (CMA) has announced that Google has agreed to implement significant changes to its processes for tackling fake reviews. The undertakings include sanctioning UK businesses that boost ratings with fake reviews, adding warning alerts to their profiles, and banning individuals who write fake reviews. Google has...
FCA sends portfolio letter to wholesale brokers
The Financial Conduct Authority (FCA) has issued a portfolio letter to the chief executive of wholesale brokers, outlining the FCA's strategy for the next two years for supervising wholesale brokers. The letter sets out four strategic areas which will be the focus of the FCA鈥檚 聽programme of proactive work: broker conduct, culture, business...
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