US state regulators fine Block Inc $80 million for insufficient money laundering controls
Block Inc has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined ...
State regulators fine Block Inc $80 million for anti-money laundering violations
Block, Inc has agreed to pay a fine of $80 million to a group of 48 state financial regulators for violations of anti-money ...
Block Inc. stock falls Monday, underperforms market
Shares of Block Inc. SQ shed 0.64% to $82.01 Monday, on what proved to be an all-around mixed trading session for the stock ...
Block Inc. stock rises Tuesday, outperforms market
The stock's rise snapped a five-day losing streak.
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Block Inc (SQ) Stock: Beyond the Surface of Its Performance?
Block Inc (SQ) stock saw a modest uptick, ending the day at $86.38 which represents a slight increase of $1.59 or 1.88% from the prior close of $84.79. The stock opened at $85.1 and touched a low of ...
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Block Inc. to Pay $80 Million in Settlement for Violations of Bank Secrecy and AML Laws
Oregon and 47 states settled with Block Inc. for BSA/AML violations, imposing an $80 million penalty and requiring an ...
Block to Pay $175 Million for Cash App Customer Service Failures
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
ND Department of Financial Institutions joins settlement against Block Inc. Cash App
The North Dakota Department of Financial Institutions has joined 48 other state financial regulatory agencies in taking ...
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New Mexico to get $1.6M from settlement with Cash App parent company
The parent company of Cash App will pay around $1.6 million to New Mexico to settle claims that the company wasn't doing ...
Cash App Owner Hit With Fines in Back-to-Back Settlements
Block Inc. was fined by dozens of state regulators and then ordered by the Consumer Financial Protection Bureau to refund ...
Block’s Regulatory Challenges and Investor Sentiment: Justifying a Sell Rating
James Faucette, an analyst from Morgan Stanley, maintained the Sell rating on Block (SQ – Research Report). The associated price target remains ...
State Regulators Issue $80 Million Penalty to Block, Inc., Cash App for BSA/AML Violations
Washington, D.C., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Washington, D.C .— In a coordinated enforcement action by 48 state financial regulators, Block, Inc. will pay an $80 million fine and undertake ...