Illegal Activity
suspicious
Blackmail
none
Date
2015-06-30
Document Type
financial statement notes
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is a note from First Data Corporation's unaudited consolidated financial statements, detailing potential legal liabilities and contingent consideration related to acquisitions. The company estimates potential losses from legal claims could range from $0 to $105 million.
Metadata
- Subject
- FIRST DATA CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0082358
- Date
- 2015-06-30
Illegal Activity
- Severity
- suspicious
- Description
- The document mentions potential legal claims against the company, including patent infringement and violations of credit reporting/collection requirements. While these are claims, they raise suspicion of potential illegal activity.
- Categories
- Patent infringementCredit reporting violationsCollection violations
- Content Type
- first_hand
Evidence:
- Claims that the Company is using technology that has been patented by another party.
- Claims that one of the subsidiaries of the Company has violated a federal or state requirement regarding credit reporting or collection in connection with its check verification guarantee, and collection activities.
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| FDH | parent-subsidiary | FIRST DATA CORPORATION | FDH is the parent company of First Data Corporation. |
Notable Quotes 2
The matters discussed below, if decided adversely to or settled by the Company, individually or in the aggregate, may result in liability material to the Company's financial condition and/or results of operations.
The estimated range of reasonably possible losses is based on information currently available and involves elements of judgment and significant uncertainties. As additional information becomes available and the resolution of the uncertainties becomes more apparent, it is possible that actual losses may exceed even the high end of the estimated range.
Red Flags 2
- Potential for material liability due to legal proceedings.
- Significant uncertainties in estimating potential losses.
Financial Information
Amounts:$0$50 million$0$15 million$0$40 million$0$105 million$29 million$1 million$28 million
Assets:
- Software
- Technology
Transactions:
- Accruals for legal proceedings
- Settlement agreements
- Contingent consideration payments
- Stock compensation expense
Public Knowledge
- Context
- Financial statements of public companies are generally public knowledge, but the specific details of legal proceedings and contingent liabilities may not be widely known.
Legal Compliance
- Patent infringement claims
- Merchant customer matters (alleged processing errors, disclosure issues, credit reporting/collection violations)
- Employment issues
Raw Analysis JSON
click to expand
Themes
Legal matters/litigationFinancial transactions/money flowBusiness dealings
Organizations 2
FIRST DATA CORPORATIONFDH
Text Analysis
- Tone
- Professional
- Purpose
- To provide notes to the consolidated financial statements of First Data Corporation, specifically regarding commitments, contingencies, and stock compensation plans.
- Significance
- The document outlines potential legal liabilities and contingent consideration related to acquisitions, which could materially impact the company's financial condition and results of operations.
File Info
- File Name
- EFTA01382847.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:05.316925
- DOJ Source
- View on DOJ