In a recent federal lawsuit filed in Mississippi, SoFi Technologies, a personal finance company, and a broker of COVID-19 protection supplies are being targeted for an order to turn over $400 million in commissions. These commissions stem from the sale of personal protective equipment (PPE) during the pandemic. The legal action brings to light significant financial transactions during a critical period and highlights the fiscal repercussions companies may face concerning their pandemic-related activities.
This case was surfaced by Law.com Radar, ALM’s alert service for immediate updates on newly filed legal matters in both federal and state courts. Additional details and ongoing updates are available through Law.com.