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News
August 15, 2014

In The News Today – August 15, 2014

Chase Bank USA will pay $34 million to settle allegations that it called consumers’ cellphones without consent in violation of the Telephone Consumer Protection Act (TCPA). The court order stated the agreement “provides substantial relief to the settlement class.” Each class member will receive between $20 and $40. (Law360)

Lawyers for two embattled company executives at Terra Telecommunications have filed a petition to be heard by the U.S. Supreme Court seeking clarity on a key term in the Foreign Corrupt Practices Act (FCPA). According to the 1977 law, which bars bribes to foreign officials, “foreign officials” are defined as “any officer or employee of a foreign government or any department, agency, or instrumentality thereof.” The case questions the government’s definition of “instrumentality.” (Wall Street Journal)

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