Dave Issues Statement in Response to Amended FTC Complaint and Provides Update on New ExtraCash Fee Structure - Dave (NASDAQ:DAVE), Dave (NASDAQ:DAVEW)

Fintech app Dave faces federal complaint

Personal finance app Dave promised customers it would give them $500 cash advances (here’s one of its commercials), but the DOJ and FTC said that was false advertising. The Justice Department said in a...

Dave Issues Statement in Response to Amended FTC Complaint and Provides Update on New ExtraCash Fee Structure - Dave (NASDAQ:DAVE), Dave (NASDAQ:DAVEW)

LOS ANGELES, Dec. 31, 2024 (GLOBE NEWSWIRE) -- The Department of Justice (the "DOJ"), on behalf of the Federal Trade Commission (the "FTC"), filed an amended complaint in its lawsuit against Dave Inc. ("Dave" or the "Company") on December 30, 2024. This is not a new lawsuit, and it is typical for the DOJ to take over litigation of this type. The allegations in the lawsuit have not changed in substance. We believe that the amendment simply adds…

US Accuses Fintech App Dave and CEO of Violating Federal Law - RetailWire

The Department of Justice claims fintech app Dave made promises to users that were not fulfilled.

Shapiro administration files complaint against electrical power grid coordinator

HARRISBURG — The administration of Gov. Josh Shapiro Monday afternoon said it filed a complaint against the organization that coordinates major flows...

U.S. files complaint against fintech app Dave and its CEO

The Justice Department filed a complaint and announced a civil enforcement action against Dave Inc and its CEO Jason Wilk for alleged violations of federal law.

US files complaint against fintech app Dave and its CEO

WASHINGTON :The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc and its CEO Jason Wilk for alleged violations of federal law.The Justice Department and the Federal Trade Commission alleged the company lured users to its