Banking Archive » February, 2024

Banking - February, 2024

345 articles

• Amazon Cuts Deals With Mastercard, Banks In Fee MDL
• Judge Nixes Enforcement Of 'Fabricated' $88M Award
• Fed Ends SocGen Money Laundering Compliance Action
• Texas Cash Advance Co. Fees Accused Of Usury In Disguise
• Two More Cos. Hit With 'In Concert' Delaware Bylaw Suits
• House Bill To Undo SEC Crypto Accounting Bulletin Advances
• Wells Fargo Trying To Paper Over Sham Sign-Ups, Suit Says
• TransUnion Pegs Potential DOJ Data Unit Settlement At $37M
• Biz Owner's $2.4M FBAR Dispute Paused For Mediation
• Discover Deal Prompts Dems To Seek Bank Merger Revamp
• Ga. Man Convicted In $11M PPP Fraud Case Wants New Trial
• Deals Rumor Mill: Springer Nature, Warner Bros., ExxonMobil
• Munck Wilson Adds IP Lawyer From Wood Smith
• SVB Parent's Counsel Booted From Fraud Coverage Row
• Staples, Subway & More Targeted In App Patent Suits
• CFPB Takes Aim At 'Steering' In Credit Card Comparison Tools
• 7 Common Myths About Lateral Partner Moves
• Basics Of Bank Regulators' Push For Discount Window Use
• SEC Taps Agency Vet To Lead Adviser, Fund Rulemaking Unit
• Fla. Judge OKs $43.5M Deutsche Bank Deal In Ch. 15 Case
• Marcum CPA Sues To Stop SEC's 'Unprecedented' In-House Case
• Wells Fargo Fired Teller For AML Whistleblowing, Suit Says
• Gemini To Pay $37M Fine, Vows To Make Customers Whole
• Binance Founder Against More Travel Limits, Floats UAE Trip
• Objectors Want $1M Atty Fees In $5.6B Swipe Fees Settlement
• CFPB, FTC Urge 11th Circ. To Rule Against 'Pay-To-Pay' Fees
• Texas Lender Says COVID Relief Fund Suit Doesn't Hold Water
• Embattled Philly Loan Biz Principals Hit With RICO Charges
• COVID Fraud Jury Can't Hear Of Gov't's Loan Error, Feds Say
• 2 Emerging Defenses For Website Tracking Class Actions
• MasterCard Loses Another Attempt To End Patent Case
• Halkbank Immunity Gambit Doesn't Appear To Sway 2nd Circ.
• Attys To Receive $291K After LendingTree Data Breach Deal
• Cheering In The NFL Makes Me A Better Lawyer
• US Trustee Taps Ex-Prosecutor To Be FTX Examiner
• Trump Can't Freeze $465M Penalty But Can Seek Loans
• Communication Is Key As CFPB Updates Appeals Process
• Draft EU Withholding Law Breezes Through EU Parliament
• Biden Moves To Halt Flow Of American Data To China, Others
• Bankman-Fried Urges No More Than 6.5 Years For FTX Fraud
• Justices Skeptical Of Workability In BofA Preemption Fight
• Fed's Barr Urges Careful Bank Counterparty Risk Practices
• Chinese Real Estate Giant KE Holdings Gets IPO Suit Trimmed
• Judge Trims Medical Device Royalty Fight
• NJ Investment Adviser Indicted In $5M Financing Fee Scheme
• Ch. 11 Trustee Says Bank Fraud-Tied Jewelry CEO Hid Assets
• Fintech Co. Chime Fined $2.5M Over Customer Service Gripes
• Ex-Anchorage Digital GC Speaks Out On Leaving Crypto Bank
• ​​​​​​​Payment Software Co.'s Bylaws Spark Class Action In Del.
• Conn. Mortgage Biz Rips 'Maximalist' CFPB Licensing Stance
• Unpacking The New Russia Sanctions And Export Controls
• Args In APA Case Amplify Justices' Focus On Agency Power
• Arrest Warrant Out For Absconded AI CEO Accused Of Fraud
• Mitigating Whistleblower Risks After High Court UBS Ruling
• Deal-Makers Expect Further Uptick In M&A-Related Disputes
• BofA Battle Will Test Preemption's Reach At High Court
• NIST Widens Cybersecurity Framework To Cover All Industries
• Consumers Face Big Setback In £10B Mastercard Class Action
• FDIC Faces Staffing Crunch Amid Rising Turnover, IG Warns
• Chinese Retailer Miniso, Underwriters Beat IPO Suit For Now
• Don't Nix Cash App Referral Text Suit, Consumer Says
• 'Pig Butchering' Victim Slaps Binance, Ex-CEO With RICO Suit
• Western Union Sued For Interest It Earns On Failed Transfers
• Ex-Bank CFO Cops To $700K Theft And Life Insurance Scam
• Pastor And Ally Of NYC Mayor Was A Con Man, Jury Hears
• Bally Sports Parent Gets OK For $495M Settlement, $450M DIP
• Two Indicted In $3.9M Fraudulent Business Email Scheme
• Wells Fargo Reset Foreclosure Timeline, Texas Justices Rule
• ESG Around The World: Gulf Cooperation Council
• Steps For Companies New To Sanctions Compliance
• Banks Say Brazil Pollution Suit In NY Is In Wrong Country
• Wells Fargo Rate-Lock Extension Fee Suit Tossed, For Now
• UBS Can't Arbitrate Trust's Claims Of Mismanaged Funds
• Paul Hastings To Add 8 Vinson & Elkins Partners In Texas
• Conn. Client Pans Firm's Late Reveal Of Prior Email Mess
• Bank Secrecy Act Lessons For Casinos After DOJ Settlements
• Akerman Hires Real Estate Atty From Vinson & Elkins In NYC
• Catching Up With Delaware's Chancery Court
• Justices Decline Standard Chartered Sanction Evasion Suit
• Setting The Stage For High Court BofA Escrow Interest Case
• Up Next At High Court: Social Media Laws & Bump Stocks
• CFPB Subjects Lender To Supervision In 1st Oversight Flex
• Russia Assets Seen As Key To Tipping The Scales For Ukraine
• SEC Upholds Bar On Ex-RBC Rep Who Cashed Out $1M Error
• FTC Rips H&R Block's 'Deceptive' Marketing, 'Coercive' Ploys
• Heartland Payment Fights Cert. Bid In School Lunch Card Suit
• Barclays Must Face Trimmed Suit Over $17.6B Over-Issuance
• CFTC Commissioner Dings Agency's Dodd-Frank 'Rollback'
• Chancery Scuttles Moelis Pact Ceding Control To Founder
• Ga. Judge Suggests Dismissal Bid Puts Cart Before Horse
• SVB's Cayman Unit Loses Ch. 15 Bid In NY
• 4th Circ. Won't Rethink Adviser's Defamation Coverage Denial
• BofA Seeks Win In Pa. Vehicle Repossession Class Action
• FDIC Slaps Small Tenn. Bank With Fintech Oversight Order
• What To Know About OCC Proposals For Bank Merger Review
• Co. Saddled Retirement Plan With Mediocre Funds, Suit Says
• Citibank Looks To Dodge Ch. 7 Trustee's Fraud Claims
• Feds' Crypto Focus Is No Longer On 'Whack-A-Mole' Cases
• Insurance M&A Partner From Sidley Joins Kirkland
• With Interest, Trump Now Owes $454M For NY Valuation Fraud
• OCC Names Acting Chief Counsel As Top Lawyer Nears Exit
• 6 Pointers For Attys To Build Trust, Credibility On Social Media
• US Hits Russia With Largest Sanctions Since Ukraine Invasion
• Cos. Must Know How NY, Federal LLC Disclosure Laws Differ
• BofA Card Holders Fight Uphill To Save Interest Charge Suit
• Ex-Capital One Analyst Faces 2 Years For Insider Trading
• Russian Bank President Charged With Sanctions Violations
• Russian Pleads Guilty, 3 Indicted In $150M Laundering Scheme
• BofA Pulling Fast One To Exit Gag Clause Suit, Customers Say
• SEC Won't Force BofA To Act On ESG Critic's Proxy Proposal
• Texas Developer Battles DOJ's 1st Predatory Mortgages Suit
• Lawmakers Press Big Banks On Muslim Discrimination Claims
• Tribal Co., Minn. Agree To Settle Interest Rate Overcharge Row
• Comerica Brass Sued Over Benefit Cards Contract Oversight
• FTX Can Cash Out $500M Investment In AI Biz To Fund Ch. 11
• TitleMax Accused Of 'Usurious' Lending To Troops
• Hawley Calls For DOJ To Block Capital One-Discover Deal
• IRS Agent, Gov't Attys Immune From RICO Suit, Judge Says
• SEC Regs Give Banks Chance To Step Up Cyber Safety Game
• Deals Rumor Mill: Occidental, Kroger-Albertsons, BuzzFeed
• Ex-KPMG Exec, Ex-Oversight Staffer Get Convictions Vacated
• NY Judges Question Lehman's Bid To Undo CDS Trial Loss
• OCC's Hsu Floats Payments, PE 'Trip Wires' For FSOC Review
• Chase Bank's Returned Check Fee Is Unlawful, Suit Says
• TD Bank Customers Seek OK On $32.2M Overdraft Fee Deal
• Morgan Stanley Bias Award Fight Belongs In NC, Judge Says
• 4th Circ. Tosses Migrant Bond Co.'s CFPB Funding Challenge
• Justices Told NRA Speech Claim Would Thwart Regulation
• A Post-Mortem Analysis Of Stroock's Demise
• Predicting DeFi Regulations At Home And Abroad In 2024
• Winston & Strawn Bolsters NY Office With Rocket Central Atty
• Mitigating The Risk Of Post-Closing M&A Earnout Disputes
• Ex-Bank CEO Ends Holland & Knight Overbilling Suit
• Broker Defends Claims Against Suns Owner, Mortgage Co.
• NC Justices Told Credit Union's Arbitration Add-On Is Void
• Wells Fargo Settles With Alleged Trade Secrets Poacher
• Liberal Justices Hint Chevron Deference Hanging By A Thread
• Bankrupt Co. Stole $100M In Special Needs Trusts, Suit Says
• Epstein's Attorney, Accountant Accused Of Aiding Trafficking
• Wells Fargo Says SEC Has Closed Hiring Practices Probe
• Justices Won't Hear JPMorgan Syndicated Loan Dispute
• SocGen's $35M Yen-Libor Rigging Suit Deal Gets 1st OK
• Protego Owes Firewall Vendor More Than $1.2M, Suit Says
• Bank's Ex-Employees Must Face Trade Secrets Suit
• FinCEN Details Owner Data Access Rules For Small Banks
• Ex-OCC Fintech Chief Won Over Top Brass Despite Red Flags
• DOJ Could See The Bright Side Of $35.3B Capital One Deal
• NY's Revamped Card Surcharge Ban Is Unique Among States
• Fox Rothschild AI Chief Talks 'Terrifying' Deepfakes, Biased AI
• Simpson Thacher Adds 5 Skadden Financial Institutions Attys
• Justices Give Feds Time In Texas, Fla. Social Media Law Fights
• Preparing For DOJ's Data Analytics Push In FCPA Cases
• Truist Selling Insurance Brokerage At $15.5B Value
• Wachtell Lipton Guides Capital One On $35.3B Discover Deal
• Old Rules Face New Risks As Justices Hear Truck Stop's Case
• JPMorgan Faces $350M Fine Over Trade Reporting Gaps
• CFPB Broadens Supervisory Appeals Process
• Industry Group Slams FDIC's Exit Bid In NSF Fees Challenge
• NYCB Brass Face Investor Suit Over Signature Bank Takeover
• PNC Bank Defeats Customer's Suit Over Fraudulent Transfer
• Up Next At High Court: Deadlines, Delivery Drivers & Smog
• ​​4th Circ. Revives COVID Benefits Class Action Against BofA
• Catching Up With Delaware's Chancery Court
• Insurer Seeks To Cancel $15M Policy Over 'Human Life Wager'
• Ex-DOJ Antitrust Director Named CFTC Whistleblower Head
• How High Court SEC Case Could Affect The ITC
• 2nd Circ. Shows How To Shut Down ERISA Self-Dealing Suits
• Malware Schemer 'Tank' Pleads Guilty To Stealing Millions
• Chamberlain Hrdlicka Adds Corporate Attorney In Philly
• CFPB Overdraft Rule Could Mean Big Shift In Banking Biz
• Trump Owes $355M For Fraud That 'Shocks The Conscience'
• Ex-Staffing Co. Execs Plead Guilty In $70M Bank Fraud
• UK Litigation Roundup: Here's What You Missed In London
• To Catch Crypto Crime, Look Offshore, Lawmakers Told
• American Express Sued Over Tax Refund Card Thefts
• FINRA Fines Morgan Stanley $1.6M In Muni Securities Case
• Sens. Press Zelle To Clarify Fraud Reimbursement Policies
• Wells Fargo Exits OCC Order Tied To Fake Accounts Scandal
• Court Overrides Objectors, OKs $80M Wells Fargo Repo Deal
• Judge Tosses Credit Suisse Investors' RICO Suit
• State Dept. Offers $5M For Info On 'BlackCat' Ransomware Group
• Challenges Remain In Financing Energy Transition Minerals
• Proskauer Adds 2 Milbank Global Finance Attys
• $32.4M Fine For Info Disclosure Is A Stark Warning For Banks
• Chancery Nixes Most Of Frank Founder's $835K Fee Demand
• Petition Watch: Classes, Litigation Changes & Fraud Theories
• Ga. Jury Convicts PPP Fraudsters In $11M Case
• Deals Rumor Mill: Sony-Michael Jackson, Inspire IPO, Walmart
• Epstein Survivors Say FBI's 'Botched' Probes Allowed Abuse
• Visa Says $5B Swipe Fee Deal Blocks Intuit, Square Claims
• Prudential Inks $35M Deal Over Investor's Stock-Drop Suit
• FinCEN Head Vows No 'Gotcha' Enforcement Of New Rules
• First Purely Tax Crypto Indictment Signals More On Tap
• Capital One Accused Of Hiding Savings Account Changes
• Retirement Plan Funds Get Partial Thaw During DOL Probe
• Deputy AG Warns Of Harsher Penalties For Crimes Aided By AI
• Loan Transparency Proposals May Bring Some Clarity
• Split Fed. Circ. Won't Revive Patent Case Against Bank
• NYCB Faces Another Class Action Over CRE Challenges
• Atty For Ex-Trump Official Accused Of Leaking Deposition
• 2nd Circ. Backs Goldman's Victory In 401(k) Self-Dealing Suit
• Owner Forms Holding Co. For NBA's Suns, WNBA's Mercury
• Coaching High School Wrestling Makes Me A Better Lawyer
• $19M Mortgage Relief Case Is 1st Calif. DFPI, FTC Joint Win
• BofA Unit Hit With Trader's Suit Over Alleged Spoofing
• FinCEN Eyes Enlisting Fund Managers In Illicit Finance Fight
• Esquire Bank Faces Merchant Action Over Chargeback Fees
• Accused Crypto Mixer 'Key' To Online Drug Market, Gov't Says
• SEC's Gensler Promises 'War' On AI Fraud
• Digitex CEO Let Unverified Users Trade Crypto, Gov't Alleges
• US Asks Court To OK $1.4B Tax Claim Against SVB
• TD Ameritrade Says It's Not Liable For Fraudster's Conduct
• Wells Fargo Can't Beat Inflated Stock Option Suit
• Wells Fargo, Ex-Exec Continue Bids To Win Bias Suit
• Catching Up With Delaware's Chancery Court
• Debt Collector Compliance Takeaways From An FDCPA Appeal
• SG's Office Is Case Study To Help Close Legal Gender Gap
• Ex-IRS Contractor Appeals 5-Year Sentence For Tax Info Leak
• Akerman Grows In NY With Real Estate, Corporate Additions
• 'Pig Butchering' Scheme Took Down Small Bank, Fed IG Says
• State Street Inks $4.3M Deal To Resolve ERISA Claims
• Fired Wells Fargo Exec Nabs Partial Win In Retaliation Suit
• BigLaw Slams Hochul Plan To Divert Client Trust Interest Cash
• Chancery Partly Shoots Down Moelis Founder Control Suit
• Bank Trade Chief Warns Of Rules 'Masquerading As Guidance'
• Debt Collector Signs $2.45M Deal In Ransomware Breach Suit
• Man Who Laundered $30M Gets 18 Years After Fiery Hearing
• Flagstar Takes Aim At 'Nonsensical' $3M Signature Fraud Suit
• NC High Court Snapshot: Philip Morris Fights Tax Credit Limit
• Del. Justices Refuse Deutsche Bank's Vik Case Appeal
• Siblings Fail To Escape SEC's $112M Pump-And-Dump Suit
• Financial Services Co. Underpaid Women Execs, Ex-VP Says
• Lotto Scammer Impersonated SDNY Criminal Chief, Feds Say
• Frank Execs Say JPMorgan Is Withholding Communications
• Loan Broker Defied FCRA By Sharing Financial Info, Suit Says
• A Closer Look At Novel Jury Instruction In Forex Rigging Case
• How Proposed Bipartisan Bill Would Reform Bank Exams
• No More Shady Trading For Ex-FBI Trainee After BigLaw Theft
• Merrill Customer Sues Over Lax WhatsApp Supervision
• Honda Finance Arm Discloses CFPB Credit-Reporting Probe
• 2nd Circ. Won't Revive Credit Suisse Delisted Trade Note Suit
• SEC's 'Orwellian' Trade Database Is Unlawful, 11th Circ. Told
• Seattle YWCA Says BNY Mellon Mismanaged $20M Fund
• 2nd Circ. Revives Investors' Mexican Bond-Rigging Claims
• Apartment Sellers Didn't 'Cook' The Books, Mich. Panel Rules
• NY AG Wins $77M Judgment For Predatory Lending Suit
• FCRA Immunity Waiver Ruling Tees Up Compliance Frenzy
• Jordan Calls For Investigation Into DOJ's Deal With IRS Leaker
• CFPB Shouldn't Ditch Prior Earned Wage Access Precedent
• Kaufman Dolowich Adds Ex-Financial Services CLO In Fla.
• SEC To Collect $81M In Fines In Latest Texting Probe Cases
• DLA Piper Adds Structured Finance Atty To NY Office
• The Corporate Disclosure Tug-Of-War's Free Speech Issues
• UK Litigation Roundup: Here's What You Missed In London
• High Court Ruling Solidifies SOX Whistleblower Protections
• Hudson City Investors Lose Cert. In $3.7B M&T Merger Suit
• Fed, OCC Urged To Create 'Unaffiliated' Director Rule For Banks
• First Citizens Says HSBC Execs OK'd SVB Poaching Plan
• M&T Bank's Freeze 'Crumbled' Fla. Law Firm, $1.5M Suit Says
• SEC, CFTC Jointly Demand More Hedge-Fund Disclosures
• Ex-CEO Accused Of Embezzling $5.9M Cops To Wire Fraud
• SEC Challenger References Son Of Sam In 'Gag Rule' Row
• Genesis Says Parent Crypto Co. Must Pay For $33M 3AC Deal
• FSOC 'Very Focused' On Nonbank Mortgage Risk, Yellen Says
• Crypto Issues To Watch Amid Evolving Legal Landscape
• CFPB Takes Restitution Discount To End Mortgage Relief Case
• Real Estate Rumors: HGI, Lion Development, Kushner
• Leveraged Finance Partner Duo Joins DLA Piper In NY
• MoFo Brings Bankruptcy Vet From DLA Piper To NY Office
• NY Judge Scolds Trump Attys For Response To Perjury Query
• High Court Sides With Whistleblower Against UBS
• Justices Rule Gov't Agencies Not Immune From FCRA Suits
• Ex-Rabobank Exec Comes Out Swinging At OCC In 9th Circ.
• SEC Inks Deal To End Oppenheimer Muni Bond Disclosure Case
• NYCB Faces Investor Suit Over Signature Bank Takeover 
• Goldman Sachs Fined By FINRA For Trade-Monitoring Failures
• Truist Will Pay $6.3M To End BB&T High-Yield Rate Cut Suit
• Fintech Group Wants CFPB To Regulate Earned-Wage Access
• Trump Trial Judge Gets Little Info On Exec's Alleged Perjury
• Judge Says Antitrust Claims Against Suns Owner Fall Short
• 3rd Circ. Says Bankruptcy Claim Didn't Break Small Loan Law
• Ill. Atty's Conviction Over Embezzlement Scheme Sticks
• Navigating The Sunset Of Sibor And Other Key Benchmarks
• Stay Ruling Challenges Sovereign Debt Dynamics
• Bybit Wants $953M FTX Suit Axed For 'Threadbare' US Ties
• 6 Charged With Defrauding Court-Appointed Attorneys
• Ex-Wilmer Partner Among Biden's Latest District Court Picks
• Reimagining Law Firm Culture To Break The Cycle Of Burnout
• Feds Say Mukasey Repping SBF, Mashinsky Possible Conflict
• SDNY Whistleblower Program Promises Rewards, Carries Risk
• Mast Capital Snags $600M Construction Loan For Miami Tower
• Fed Lifts Actions Against BNP Paribas, Tiny FTX-Linked Bank
• Yellen Stays Mum On Bank Capital Hikes Amid House Grilling
• Processor Underpaid Us On Tribal Accounts, Tech Co. Says
• Judge Says $1.4M Brokerage Employment Case Stays In Court
• ESG Around The World: Brazil
• The FINRA Reports That May Foreshadow New AI Rules
• SEC Expands Dealer Rule To Proprietary Traders, Private Funds
• NY Judge Wants Info On Perjury Probe Of Trump Lieutenant
• Competing In Dressage Makes Me A Better Lawyer
• International Unity Needed To Seize Russian Assets, EU Says
• Ex-Goldman Banker Settles SEC's Civil Insider Trading Suit
• Volta Investor Attys Denied Fees For 'Moot' Disclosure Case
• Catching Up With Delaware's Chancery Court
• Apple Calls Crypto Payment App Claims 'Demonstrably False'
• 3rd Circ. Preview: Mail-In Ballot Case Headlines February
• Breaking Down FDIC's New Advertising And Signage Rule
• Bank Groups Sue To Overturn New Community Lending Rules
• Ex-Exec Slams Wells Fargo's Bid To Escape ADA Suit
• Steptoe Adds IP Trial Partner From Orrick
• Feds Want 20-Year Term For $30M Laundering Scheme Head
• First National Bank Strikes $13.5M Deal In NC Redlining Case
• McGlinchey Stafford Nabs Bankruptcy Veteran From PNC
• Cayman Islands Off AML Risk Lists, Signaling Robust Controls
• BCLP Sees 2nd Group Depart As 7 Head To Arnold & Porter
• Atty Says Feds Duped Grand Jury In $12M Somali Fraud Case
• Wells Fargo Gets Elder Abuse Suit Dismissed, For Now
• FDIC Going 'Backwards' On Innovation, GOP Lawmakers Say
• NYC Sues FDIC For $7M Of First Republic's Back Taxes
• Feds Charge 9 With Trafficking Sanctioned Iranian Oil
• Russian Bank Chasing $900M Judgment Wins Conn. Appeal
• The Double-Edged Sword Of Biometrics In Financial Services
• How 2 CFPB Advisory Opinions Affect Reporting Agencies
• New Claims Emerge Over Mortgage Biz Cyberattacks
• Gazprom Subsidiary Told To Halt Claim Proceedings In Russia
• 6th Circ. Revives Bank's $32M Ponzi Settlement Coverage Suit
• FTX Looks To Sell $175M Crypto Claim Against Genesis
• Binance Enabled Hamas Fundraising, Oct. 7 Survivors Say
• Ex-Worldpay Exec Loses Bid To Revive Discrimination Suit
• NC, SC Banks To Merge, Form Entity With $2.2B In Assets
• FTX Customers Sue Over Digital Asset Ownership In Ch. 11
• 5 Mass. Rulings You Might Have Missed In January
• Genesis Strikes $21M Deal In SEC Crypto Enforcement Action
• Fired Ohio Megachurch Pastor Can't Revive Suit Against Bank
• Biden Admin. Sanctions Israeli Settlers In West Bank
• Judge OKs SVB Atty Fees In Ch. 11 Despite 'Sticker Shock'
• Ex-Trump Org. CFO Faces Possible Perjury Charge, Mulls Plea
• Barnes & Thornburg Expands Atlanta Finance Practice
• Kirkland Adds 5 Goodwin Investment Fund Attys In DC
• Real Estate Rumors: Fortinet, Kayne Anderson, Northwind
• Greenberg Traurig Hires Ballard Spahr's Ex-Fintech Leader
• The Legal Industry Needs A Cybersecurity Paradigm Shift
• NY Strip Club Loses PPP Suit Despite 'Discriminatory' Claim
• EU Leaders Slow Plan To Use Frozen Russian Assets
• 2nd Circ. Backs Wall Street In Treasury Auction-Rigging Case