Crime : Page 150
August 19, 2017
A federal jury convicted the former chief executive officer of ArthroCare Corporation, a publicly traded medical device company based in Austin, Tx., for his role in orchestrating a fraud scheme that resulted in shareholder losses of over $750 million.
August 19, 2017
A former senior official at the United Auto Workers trade union was charged with conspiring with other union officials to accept improper payments from Fiat Chrysler Automobiles officials over a four-year period.
August 17, 2017
Mylan N.V. announced that its subsidiaries, Mylan Inc. and Mylan Specialty L.P., have signed an agreement with the U.S. Department of Justice (DOJ) and two relators finalizing the Medicaid drug rebate settlement that the Company announced on October 7, 2016 for $465 million.
August 16, 2017
Huntington Ingalls Industries (HII), a publicly traded company headquartered in Newport, Va., has agreed to a $9.2 million settlement of allegations that it violated the False Claims Act by knowingly overbilling the government for labor on U.S. Navy and Coast Guard ships at its shipyards in Pascagoula, Mississippi.
August 16, 2017
Britain's accounting watchdog has fined audit firm PricewaterhouseCoopers (PWC) 5.1 million pounds and given it a severe reprimand after it admitted misconduct over its audit of collapsed accounting firm RSM Tenon.
August 16, 2017
The Securities and Exchange Commission (SEC) announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being misinformed about the energy company’s value.
August 12, 2017
The Securities and Exchange Commission (SEC) charged two Tennessee men and an accomplice in Fort Lauderdale with allegedly defrauding investors they lured by false promises of high returns from an oil drilling investment opportunity.
August 12, 2017
Virginia Beach, Va.-based contractor ADS Inc. and its subsidiaries have agreed to pay the United States $16 million.
August 12, 2017
South West Water of the UK has been ordered to pay more than £142,000 in fines and costs for discharging poor quality effluent from two of its sewage treatment plants.
August 11, 2017
Three Russian major air carriers are suspected of fixing prices, the Federal Antimonopoly Service (FAS) announced in its Telegram channel on Thursday.
August 11, 2017
Japan based shipping company, Nippon Yusen Kabushiki Kaisha (NYK), was convicted and fined $25 million in the Federal Court of Australia.
August 10, 2017
Two persons have been arrested in the Netherlands over the ongoing contaminated eggs scandal, the Dutch public prosecutor stated.