POST Online Media Lite Edition


H&M reaches $36 mln settlement with New York over unused gift cards

May 19, 2022
H&M will pay $36 million to settle accusations that the fashion retailer illegally kept millions of dollars in gift cards that customers never used, New York Attorney General Letitia James said.

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Iranian Navy repels pirates' attack on cargo ship in Red Sea

Greece to lift mask indoors on June 1, with few exceptions

Allianz to pay $6 billion over fraud, fund manager charged

May 17, 2022
Germany’s Allianz has agreed to pay about $6 billion and a U.S. asset management unit will plead guilty to fraud after a group of multibillion investment funds collapsed amid market turmoil triggered by the coronavirus pandemic in 2020.

CFTC settles enforcement action against Kraft and Mondelez

May 16, 2022
The Commodity Futures Trading Commission announced that a federal court entered a consent order resolving the CFTC’s action against defendants Kraft Foods Group and Mondelēz Global.

Canada: EAO issued fine for Coastal GasLink project

May 11, 2022
The Environmental Assessment Office (EAO) has issued a second administrative penalty to Coastal GasLink Pipeline Ltd. (CGL) for non-compliance with conditions and orders related to erosion and sediment control under its environmental assessment certificate.

Zimbabwe: 256 firms charged over currency manipulation

May 8, 2022
The Reserve Bank of Zimbabwe's Financial Intelligence Unit has charged 256 companies for illegally dealing in foreign currency, as Government cracks down on manipulators through speculative behaviour, the Senate has been told.

Competition Bureau Canada resolves its concerns in misleading weight loss claims case

May 8, 2022
A Competition Bureau investigation concluded that NuvoCare Health Sciences Inc. and founder, Ryan Foley, made marketing claims that gave the false or misleading impression that their products have been proven to cause weight loss.

Walgreens strikes $683 million opioid deal with Florida

May 6, 2022
Florid Attorney General Ashley Moody is securing more than $680 million from Walgreens, concluding the state’s opioid litigation.

Defendant convicted of defrauding American Express of more than $4.7 million

April 29, 2022
A federal jury convicted Jasminder Singh of bank fraud and money laundering based on defrauding American Express of more than $4.7 million in charges for iPhone purchases and spending the fraud proceeds on a $1.3 million home and other luxury items.

Trivago to pay $44.7 million in penalties for misleading consumers over hotel room rates

April 25, 2022
The Federal Court has ordered Trivago to pay penalties of $44.7 million for making misleading representations about hotel room rates on its website and in television advertising, in proceedings brought by the Australian Competition & Consumer Commission.

Former Domino’s Pizza accountant to pay nearly $2 million penalty for insider trading

April 25, 2022
The Securities and Exchange Commission announced a court-approved settlement requiring a Michigan-based former accountant at Domino’s Pizza to pay a penalty of nearly $2 million for insider trading in the company’s stock.
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