Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports [Yahoo! Finance Canada]
Henry Schein, Inc. (HSIC)
Last henry schein, inc. earnings: 2/20 07:00 am
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Source: Yahoo! Finance Canada
(Reuters) - Citigroup's lawyers have urged U.S. District Judge Paul Oetken to dismiss a suit filed in January by Attorney General Letitia James, which accuses its Citibank unit of failing to reimburse customers who fall victim to online scammers, Bloomberg News reported on Tuesday. The lawyers said the bank has robust and extensive procedures to protect consumers from being scammed into making fraudulent transfers, the report added. James, New York state's attorney general, sued Citibank unit in January, alleging that its lax security protocols allowed scammers to gain easy access to users' accounts and steal their deposits through unauthorized wire transfers. She stated that "Citi's negligence" had cost customers in the state millions of dollars. The Bloomberg report added that Citi said U.S. banks will have to make a "dramatic shift" in how electronic payments are processed if New York state wins the lawsuit. Citi urged a federal judge in April to dismiss the lawsuit, say
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HSIC
News
- Henry Schein, Inc. (NASDAQ: HSIC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Henry Schein to Participate in Investor Conferences in NovemberBusiness Wire
- Henry Schein Stock Gains From Dental Business Expansion Amid Macro Woe [Yahoo! Finance]Yahoo! Finance
- Henry Schein Opens Customer Assistance Hotline Ahead of Hurricane Milton [Yahoo! Finance]Yahoo! Finance
- Henry Schein Opens Customer Assistance Hotline Ahead of Hurricane MiltonBusiness Wire
HSIC
Earnings
- 8/6/24 - Miss
HSIC
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4/A
- 9/9/24 - Form 4
- HSIC's page on the SEC website