TD Bank to pay $3 billion in historic money-laundering settlement

TD Bank to pay $3 billion in historic money-laundering settlement

By Lindsay Whitehurst | The Associated Press TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution’s lax practices allowed significant money laundering over multiple years. Canada-based TD Bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do so,…

23andMe breach victims to benefit from multi-million dollar settlement

23andMe breach victims to benefit from multi-million dollar settlement

Biotechnology company 23andMe has agreed to pay a $30 million settlement over a massive data breach that affected 6.9 million users. Per Reuters, the genetic testing company filed a court document on Thursday detailing the settlement in a class action lawsuit in the Northern District of California. In the document, 23andMe proposed compensation for victims…