United States of America: FTC lawsuit against Dave over alleged misleading marketing pertaining to cash advances
Progress
Current status
under deliberation
30 Dec 2024 under deliberation
05 Nov 2024 under deliberation
Scope
Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national
Timeline of events
Filed amended complaint in FTC lawsuit against Dave Inc. for alleged misleading marketing pertaining to cash advances (Case No. 2:24-cv-9566)
On 30 December 2024, the Federal Trade Commission (FTC) filed an amended complaint with the United States District Court of California against Dave, a digital banking service with a primary focus on cash advances. The amended complaint alleges that …
SourceEvent type
public lawsuit
Action type
announcement
Government branch
executive
Government body
consumer protection authority
Announced FTC lawsuit against Dave Inc. for alleged misleading marketing pertaining to cash advances (Case No. 2:24-cv-9566)
On 5 November 2024, the Federal Trade Commission (FTC) filed a lawsuit at the United States District Court of California against Dave, a digital banking service with a primary focus on cash advances. The lawsuit claims that Dave engaged in deceptive…
SourceEvent type
public lawsuit
Action type
announcement
Government branch
executive
Government body
consumer protection authority