Visa was hit with a shareholder petition on Thursday in Delaware Court of Chancery over its relationship with MindGeek, which operates Pornhub and other adult entertainment sites. The petitioner seeks to inspect Visa's books and records, arguing that Visa facilitates unlawful trafficking of child pornography by offering payment processing services to MindGeek. The suit was brought by Grant & Eisenhofer. The case is 2023-0059, Operating Engineers Construction Industry and Miscellaneous Pension Fund v. Visa Inc.
Banking & Financial Services
January 19, 2023, 7:16 PM