POST Online Media Lite Edition



 

Crime : Page 149

Novo Nordisk to pay $58m for failure to comply with FDA program

September 6, 2017
Pharmaceutical Manufacturer Novo Nordisk will pay $58.65 million to resolve allegations.

Lenovo to pay $3.5m in settlement over preloaded software

September 6, 2017
A technology company will pay $3.5 million and change how it sells laptop computers as part of a settlement reached with federal officials and 32 states.

Home Depot agrees to pay $5.7 million civil penalty

August 31, 2017
The U.S. Consumer Product Safety Commission (CPSC) announced that Home Depot U.S.A. Inc., of Atlanta, Georgia, has agreed to pay a $5.7 million civil penalty for selling and distributing previously recalled consumer products.

Mitie facing FCA probe into profit warning and information preparation

August 29, 2017
Britain's financial watchdog has launched an investigation into struggling outsourcer Mitie.

Irish bank PTSB fined £2.3m by ECB for liquidity breaches

August 29, 2017
The European Central Bank has fined Republic of Ireland bank Permanent TSB (PTSB) 2.5m euros (£2.3m) for falling short of the ECB's liquidity requirements.

Samsung heir appeals against prison sentence

August 29, 2017
Lee Jae-yong was found guilty of involvement in multi-million dollar bribery scandal by Seoul court.

Volkswagen engineer sentenced to 40-month prison term in diesel case

August 26, 2017
A federal judge in Detroit sentenced former engineer James Liang to 40 months in prison for his role in Volkswagen AG's multiyear scheme to sell diesel cars that generated more pollution than U.S. clean air rules allowed.

Samsung's Lee sentenced to 5 years in prison

August 25, 2017
A lower court in Seoul sentenced Samsung Electronics Vice Chairman Lee Jae-yong to five years in prison Friday, finding him guilty of bribery, embezzlement and other charges in a massive corruption scandal that led to the ouster of former President Park Geun-hye.

CFPB and American Express reach resolution to address discriminatory card terms

August 24, 2017
The Consumer Financial Protection Bureau (CFPB) took action against two American Express banking subsidiaries for discriminating against consumers in Puerto Rico, the U.S. Virgin Islands, and other U.S. territories by providing them with credit and charge card terms that were inferior to those available in the 50 states.

German ship company and corporate vessel owner indicted for falsification of pollution records

August 23, 2017
A federal grand jury in Portland, Maine, returned a nine-count indictment charging MST Mineralien Schiffarht Spedition Und Transport GmbH (MST) and Reederei MS Marguerita GmbH & Co. Geschlossene Investment KG (Reederei) with failing to keep accurate pollution control records and falsifying records, the Justice Department announced.

Johnson & Johnson to pay $417 million in trial Baby Powder cancer risks

August 21, 2017
Johnson & Johnson was ordered by a California jury to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene.

Chevron reaches $340 million tax settlement with Australian Taxation Office

August 20, 2017
Chevron has dropped a High Court appeal against a $340 million tax bill after making a deal with the Australian Taxation Office.
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