The Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against Walmart and fintech company Branch, which had been accused of violating consumer protection laws. This decision marks a significant development in the ongoing regulatory scrutiny of financial practices within the retail sector.

Nike is facing a class-action lawsuit from purchasers of its RTFKT NFTs who allege deceptive marketing practices and seek over $5 million in damages for violations of consumer protection laws in multiple states. The plaintiffs claim that Nike's abrupt closure of RTFKT led to a decline in the value of their NFTs, which they argue were unregistered securities. Nike has not yet responded to the lawsuit.

Revolve has been named in a $50 million lawsuit due to allegations regarding its contracts with influencers, which reportedly misled consumers about the authenticity of the products promoted. The lawsuit claims that the influencer marketing practices employed by the company violate consumer protection laws. This legal action underscores the increasing scrutiny of influencer partnerships in the fashion industry.