Crime : Page 140

SEC charges Provectus with failing to properly disclose perks for executives

December 13, 2017 The Securities and Exchange Commission (SEC) charged a biopharmaceutical company with committing a series of accounting controls and disclosure violations, including the failure to properly report as compensation millions of dollars in perks provided to its then-CEO and then-CFO.

21st Century Oncology to pay $26 million to settle False Claims Act allegations

December 13, 2017 21st Century Oncology and certain of its subsidiaries and affiliates have agreed to pay $26 million to the government.

Unilever Italy fined €60 million for abuse of dominant position

December 12, 2017 Italy’s antitrust authority has issued a fine of over €60 million to Unilever Italy for allegedly abusing its dominant position in the ice cream market through its Algida brand.

Iberiabank agrees to pay over $11.6 million

December 9, 2017 The Justice Department announced that Iberiabank Corporation, Iberiabank and Iberiabank Mortgage Company have agreed to pay the United States $11,692,149.

Former chief of Daewoo Shipbuilding gets 6 years in jail for accounting fraud

December 8, 2017 A Seoul court sentenced a former chief of Daewoo Shipbuilding & Marine Engineering Co. to six years in prison for accounting fraud and other charges.

Volkswagen senior manager sentenced to 84 months in prison for role in Dieselgate

December 7, 2017 The former general manager of Volkswagen’s (VW) U.S. Environment and Engineering Office was sentenced 84 months in prison for his role in VW’s scheme to sell diesel “clean diesel” vehicles containing software designed to cheat U.S. emissions tests.

Husqvarna to pay $2.85 million to resolve violations of the Clean Air Act

December 6, 2017 Husqvarna and its U.S. affiliate, Husqvarna Consumer Outdoor Products, have agreed to pay a $2.85 million civil penalty.

Merrill Lynch Equities Australia pays $140,000 in infringement notice penalty

December 5, 2017 Merrill Lynch Equities (Australia) Limited (MLEA) has paid a total penalty of $140,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP).

Wage theft: $1.2 million owed to workers in New York

December 4, 2017 Since January 1st, the New York State Department of Labor has referred egregious wage theft cases to prosecutors who have subsequently filed criminal charges.

SBM Offshore and U.S. subsidiary to pay $238 million

November 30, 2017 SBM Offshore (SBM), a Netherlands-based company specializing in the manufacture and design of offshore oil drilling equipment, and its wholly owned U.S. subsidiary, SBM Offshore USA (SBM USA), have agreed to resolve criminal charges and pay a criminal penalty of $238 million.

Canadian charged in Yahoo hacking case pleads guilty in U.S.

November 29, 2017 A Canadian accused by the United States of helping Russian intelligence agents break into email accounts as part of a massive 2014 breach of Yahoo accounts pleaded guilty, the U.S. Justice Department said.

Volkswagen Financial Services Australia pays $216,000 penalty

November 29, 2017 Volkswagen Financial Services Australia has paid a penalty of $216,000 after ASIC issued 20 infringement notices for alleged misleading statements made by VWFSA as part of its "1% you can’t ignore" advertising campaign.