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The Federal Trade Commission and several states sued restaurant software and fintech firm Toast Inc. on October 29, 2026, alleging hidden and unauthorized fees and deceptive subscription and cancellation practices. The complaint also alleges that Toast deceptively touts its costs and '24/7/365' customer support. The lawsuit was filed by the FTC, the People of the State of California through the Los Angeles County Counsel and San Francisco City Attorney, and the attorneys general of Colorado, Florida, Illinois, Iowa, Nebraska, Oklahoma and Utah. The available reporting did not include the company's response or any financial impact.

1 outlet · 1 article · first seen Oct 29, 12:01 PM ET

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Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLK closed at 191.00, up 0.80%, on 2026-10-28. Listed for: Technology sector ETF.

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