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Stock Market & Financial Investment News

News Breaks
January 16, 2013
13:48 EDTGDOT, NTSP, FDCFlorida AG reaches settlements with prepaid debit card companies
Florida Attorney General Pam Bondiís office announced it has reached settlements requiring reforms to the business practices of five of Florida's prepaid debit card companies, including First Data, Green Dot (GDOT), Net Spend (NTSP). Following an investigation based upon concerns that consumers where not advised of fees and misled by claims that using the cards would build positive credit history, the settlements require the companies to provide notice of fees and prohibits them from making misleading claims about the ability of prepaid debit cards to build positive credit history. Additionally, the companies have agreed to pay $115,000 to the Central Florida Chapter of Junior Achievement. Reference Link
News For GDOT;NTSP;FDC From The Last 14 Days
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July 24, 2014
15:02 EDTGDOTGreen Dot downgraded to Underperform from Sector Perform at Portales

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