AG sues arbitrator for allegedly favoring lenders

The suit alleges Rapid Ruling worked with the merchant cash advance industry to "stack the deck against small businesses."

2m read

Top Business stories

People on the Move: See who's been promoted on LI
18 charged with stealing $110G from Suffolk retailers through repeat shoplifting
2m read
Target recalls 2 types of baby wipes over possible 'life-threatening' infections
The viral LI cake everyone wants to try
5m read
East Islip bowling alley closes as it preps to become assisted living center
2m read
King Kullen names first female president, COO in company's 96-year history
1m read
7 LI hospitals make Newsweek's best specialized-care list
2m read
Mortgage rates hit 9-month high
2m read
LI supermarket expands in prime location
1m read
Former NYPD detective sentenced to 4 years for COVID relief fraud
2m read

More Business news

Apple and Brussels blame each other for delaying European Union rollout of Siri AI
1m read
Marguerite Casey Foundation plans to give at least $50M annually, a rare increase at a time of need
4m read
MIT researchers channel AI to turn hand gestures into robot training data
1m read
The best places to park your short-term investments
2m read
China's exports jump 19.4% in May from a year earlier, boosted by demand for autos and tech goods
1m read
OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
3m read
Wall Street holds steadier as AI stocks recover some of their sell-off
2m read
Federal judge strikes down Trump's $100,000 fee on new H-1B visas
2m read
US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half
1m read
Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference
2m read
The Latest: Israel and Iran trade fire in most serious confrontation since April ceasefire
11m read
SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME