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New York sues Citibank for alleged failure to reimburse fraud victims

A Citibank branch in the central business district of Singapore on Feb. 12, 2018.Ore Huiying | Bloomberg | Getty ImagesNew York Attorney General Letitia James on Tuesday sued Citibank for allegedly failing to protect and reimburse victims of electronic fraud.The suit claims that Citi does not have strong protections in place to prevent unauthorized account takeovers, misleads victims of fraud and illegally denies reimbursements, according to a release. The attorney general's office said the alleged failure on Citi's part…

Adobe Will Reimburse Firefly AI Users Against Lawsuits

Adobe Inc. will reimburse its large business users of Firefly against copyright lawsuits, the company announced Thursday. The move comes as copyright lawsuits around AI-generated images are on the rise around other image generation tools like Stability AI and Midjourney, and it emphasizes Adobe’s confidence in its tool’s legal data sourcing. Adobe, however, did not clarify what the extent of its budget was for coverage, what the associated qualifying legal conditions would be, nor did it address what…

Ola Electric to Reimburse Rs 130 Crore to S1 Pro Electric Scooter Buyers, Check Details

Last Updated: May 04, 2023, 12:35 ISTOla Electric will be reimbursing the extra amount charged to customers on the purchase of an off-board charger as an accessory with the brand’s electric scooters. The electric scooter manufacturer will reimburse Rs 130 crore in total to nearly 1 lakh customers who had purchased its flagship Ola S1 Pro electric scooters as of March 30, 2023. The company took this decision due to a probe initiated by the Ministry of Heavy Industries on complaints of overpricing.The central government…

Southwest Promises to Reimburse Customers Affected by Meltdown

Southwest Airlines Co. said it would reimburse customers for many types of reasonable expenses they have taken on after the airline canceled close to 16,000 flights since last Thursday, leaving people stranded across the country.Southwest has canceled another 2,363 flights Thursday thus far, according to data from FlightAware. The company said it would restart regular flights Friday after flying a reduced schedule over the last few days. Some Southwest passengers have spent thousands of dollars getting to their…

JPMorgan, Other Banks in Talks to Reimburse Scammed Zelle Customers

Some of America’s biggest banks are devising a plan to compensate customers who fall victim to scams on their Zelle payment network.  JPMorgan Chase JPM -1.72% & Co., Wells Fargo WFC -0.93% & Co. and Bank of America Corp. BAC -1.87% are among the banks in advanced discussions to create a playbook for refunding customers and each other for illegitimate…

Tesla must reimburse customers for Autopilot issues, orders Munich court

A Munich court has ordered Tesla Inc to reimburse a customer most of the 112,000 euros ($112,884.80) she paid for a Model X SUV because of problems with the Autopilot function, Der Spiegel reported. A technical report showed the vehicle did not reliably recognise obstacles like the narrowing of a construction site and would at times activate the brakes unnecessarily. The court ruled that this could cause a "massive hazard" in city centres and lead to collisions. Tesla lawyers argued Autopilot was not designed for city…

Tesla ordered by court to reimburse $112,885 to customer

A Munich court has ordered Tesla Inc to reimburse a customer most of the 112,000 euros ($112,884.80) she paid for a Model X SUV because of problems with the Autopilot function, Der Spiegel reported on Friday. A technical report showed the vehicle did not reliably recognise obstacles like the narrowing of a construction site and would at times activate the brakes unnecessarily. This could cause a "massive hazard" in city centres and lead to collisions, the court ruled. Tesla lawyers argued Autopilot was not designed for…

Munich court orders Tesla to reimburse customer for Autopilot problems, Auto News, ET Auto

A Munich court has ordered Tesla Inc to reimburse a customer most of the 112,000 euros ($112,884.80) she paid for a Model X SUV because of problems with the Autopilot function, Der Spiegel reported on Friday.A technical report showed the vehicle did not reliably recognise obstacles like the narrowing of a construction site and would at times activate the brakes unnecessarily. This could cause a "massive hazard" in city centres and lead to collisions, the court ruled.Tesla lawyers argued Autopilot was not designed for city…