POST Online Media Lite Edition



 

Crime : Page 160

Exxon owes $19.95 million for Texas refinery pollution

April 27, 2017
A federal judge ruled that ExxonMobil should pay a $19.95 million penalty for pollution from its Baytown, Texas, refining and chemical plant complex between 2005 and 2013.

AIB fined for breaches of money laundering and anti-terrorist regulations

April 26, 2017
State-owned Irish AIB bank has been slapped with a €2.3m fine after it admitted breaching laws drawn up to thwart terrorists and criminals.

FDA takes action against 14 companies for selling illegal cancer treatments

April 26, 2017
The U.S. Food and Drug Administration (SEC) posted warning letters addressed to 14 U.S.-based companies illegally selling more than 65 products that fraudulently claim to prevent, diagnose, treat or cure cancer.

Plus500 reaches €550,000 settlement with Belgian regulator

April 25, 2017
Plus500 said it has reached a €550,000 settlement with Belgian financial regulators over its offering of contract-for-difference products in the country.

Investment bank VP charged with insider trading

April 25, 2017
The Securities and Exchange Commission (SEC) charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a publicly-traded technology company.

Magyar Telekom executives agree to pay penalties for FCPA violations

April 25, 2017
The Securities and Exchange Commission (SEC) announced that two former executives at Hungarian-based telecommunications company Magyar Telekom have agreed to pay financial penalties and accept officer-and-director bars to settle a previously-filed SEC case alleging they violated the Foreign Corrupt Practices Act (FCPA).

Energy & Process Corp. to pay $4.6m for failures in nuclear waste facility

April 25, 2017
The Justice Department announced (SEC) that Energy & Process Corporation (E&P) of Tucker, Georgia, has agreed to pay $4.6 million to resolve the government’s lawsuit filed under the False Claims Act alleging that it knowingly failed to perform required quality assurance procedures and supplied defective steel reinforcing bars (rebar) in connection with a contract to construct a Department of Energy (DOE) nuclear waste treatment facility.

Puma fined in China for logo infringement

April 24, 2017
A Shanghai court has ordered German sportswear company Puma to pay 2.9 million yuan ($421,340) for infringing the goat's head logo of a Chinese wool producing company.

Walgreens settles $9.8 million whistleblower case

April 24, 2017
California Attorney General Xavier Becerra announced a $9.8 million settlement with Walgreens, one of the largest drugstore chains in the United States.

Russian FAS opened a case against Novartis Pharma

April 22, 2017
The Federal Antimonopoly Service (FAS Russia) opened a case against Novartis Pharma Ltd. for breaching the Federal Law On Protection of Competition.

EPA settles with Westward Seafoods for violating clean air rules

April 21, 2017
The U.S. Environmental Protection Agency and Department of Justice today announced a settlement with Westward Seafoods to resolve alleged Clean Air Act violations at its Captain’s Bay seafood processing plant in Dutch Harbor, Alaska.

Fed announces two actions against Deutsche Bank and $156.6m penalties

April 21, 2017
The Federal Reserve (Fed) announced two enforcement actions against Deutsche Bank AG that will require the bank to pay a combined $156.6 million in civil money penalties.