Block Inc., Dorsey Must Face Suits Over Compliance Claims

By Katryna Perera ( January 7, 2026, 6:46 PM EST) -- A California federal judge has ruled that the parent company of Square and Cash App, Block Inc., and its officers and directors must face claims of compliance failures in a class action and separate derivative suit, finding, among other things, that the derivative suit adequately pleads that Block's board failed to properly oversee the company's compliance program....

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