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Crime : Page 111

SEC charges former Panasonic executives

December 19, 2018
The Securities and Exchange Commission charged two former senior executives of the U.S. subsidiary of Panasonic Corp. with knowingly violating the books and records and internal accounting controls provisions of the federal securities laws and causing similar violations by the parent company.

Record $174.2m settlement between Charter and New York for defrauding internet subscribers

December 19, 2018
New York Attorney General Barbara D. Underwood announced a record $174.2 million consumer fraud settlement with Charter Communications and Spectrum Management Holding Company for defrauding internet subscribers.

BNY Mellon to pay more than $54 million for improper handling of ADRs

December 18, 2018
The Securities and Exchange Commission announced that Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).

EC fines BEH Group €77 million for blocking access to key natural gas infrastructure in Bulgaria

December 18, 2018
The European Commission has fined Bulgarian Energy Holding (BEH), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz (the BEH group) €77 068 000 for blocking competitors\' access to key gas infrastructure in Bulgaria, in breach of EU antitrust rules.

EC fines Guess €40 million for anticompetitive agreements to block cross-border sales

December 18, 2018
The European Commission fined the clothing company Guess €39 821 000 for restricting retailers from online advertising and selling cross-border to consumers in other Member States (\"geo-blocking\"), in breach of EU competition rules.

EU court cuts Deutsche Telekom antitrust fine by a third

December 14, 2018
Europe\'s second-highest court slashed an EU antitrust fine handed down to Deutsche Telekom four years ago by about a third to 19 million euros (17.09 million pounds), saying that EU regulators had erred in calculating the penalty.

Nexstar settles U.S. antitrust charges

December 14, 2018
The Department of Justice announced that it has reached a settlement with Nexstar Media Group Inc., one of the largest owners of television stations in the country, as part of its ongoing investigation into exchanges of competitively sensitive information in the broadcast television industry.

Navimax sentenced for illegally discharging oily waste at sea

December 13, 2018
The U.S. Department of Justice announced that Navimax Corporation, incorporated in the Marshall Islands with its main offices in Greece, was sentenced to a $2,000,000 fine by a federal district court for violating the Act to Prevent Pollution from Ships and obstructing a Coast Guard investigation.

Russia fines Google for violating law

December 12, 2018
Google has been fined in Russia over its failure to remove links to prohibited information from search results as required by Russian law, Roskomnadzor said.

Olympus Medical Systems pleads guilty to resolve US duodenoscope probe

December 11, 2018
Olympus Medical Systems Corporation (Olympus) and a former senior executive in Japan pleaded guilty in Newark, New Jersey, to failing to file required adverse event reports involving infections connected to duodenoscopes, and to continuing to sell the duodenoscopes in the United States despite those failures, the Justice Department announced.

Three broker-dealers to pay more than $6 million for providing deficient blue sheet data

December 11, 2018
The Securities and Exchange Commission announced that three broker-dealers have agreed to pay more than $6 million to settle charges for providing the SEC with incomplete and inaccurate securities trading information in required SEC productions known as “blue sheet data,” which the SEC uses to carry out its enforcement and regulatory obligations, including the investigation of insider trading and other fraudulent activity.

SEC charges Agria Corporation and executive chairman with fraud

December 11, 2018
A multinational agricultural company has agreed to pay $3 million to settle charges that it concealed substantial losses from investors through fraudulent accounting in connection with its divestiture of its primary operating entity.
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