Tag: Corporate Governance

Block’s Compliance “Red Flags” Head to Court: Federal Judge Keeps Cash App Investor Class Action Alive

Compliance Charlene Lensburg -
A federal judge in California has refused to dismiss two lawsuits accusing the U.S. fintech Block Inc. (Square/Cash App) and senior leadership of compliance-related misstatements and oversight failures. The rulings keep an investor class action and a separate shareholder derivative case on track—turning Block’s compliance narrative into a courtroom test of governance, controls, and accountability.