MoneyGram sued by U.S., New York for unfair remittance transfers
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MoneyGram (MGI) Responds to Baseless Litigation and Claims by the Consumer Financial Protection Bureau Director and the NY Attorney General
April 22, 2022 8:03 AM EDTMoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, responded to the meritless civil lawsuit filed by the Consumer Financial Protection Bureau ("CFPB") and the New York Attorney General ("NYAG") and baseless claims issued by the CFPB and its director. The Company issued the following statement:
As the industry leader in compliance and consumer protection, MoneyGram is deeply disappointed that the CFPB and NYAG chose to file yesterday's meritless lawsuit and that the CFPB chose to issue two press releases littered with... More
MoneyGram (MGI) falls 7% after being sued by U.S., New York regulators over remittance transfers
April 21, 2022 11:28 AM EDTMoneyGram (NASDAQ: MGI) falls 7% after being sued by U.S., New York regulators over remittance transfers
... More