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Crime : Page 184

DraftKings, FanDuel reach $12m settlement with New York

October 26, 2016
Daily fantasy sports companies DraftKings and FanDuel have each agreed to pay $6 million to New York Attorney General Eric Schneiderman's office to resolve lawsuits alleging false and deceptive advertising practices by the companies.

Ofcom hits Vodafone with £4.6m fine

October 26, 2016
Vodafone has been fined £4.6m by the regulatory for "failing customers", with a Ofcom accusing the telecoms giant of mis-selling, inaccurate billing and poor handling of complaints.

Transaero ordered to pay Aeroflot subsidiary $12.5 million

October 25, 2016
The Moscow Commercial Court has granted a lawsuit filed by Aeroflot-Finance, the subsidiary of Aeroflot, seeking to collect about 778 million rubles ($12.5 million) in debt from Transaero airline under a loan agreement.

Life Care Centers of America to pay $145m to resolve false claims act allegation

October 24, 2016
Life Care Centers of America and its owner, Forrest L. Preston, have agreed to pay $145 million to resolve a government lawsuit.

Embraer paying $205 million to settle FCPA charges

October 24, 2016
The Securities and Exchange Commission (SEC) announced a global settlement along with the U.S. Department of Justice and Brazilian authorities that requires aircraft manufacturer Embraer to pay more than $205 million to resolve alleged violations of the Foreign Corrupt Practices Act (FCPA).

China investigates six companies for fraud

October 24, 2016
China's top securities regulator launched investigations into six companies alleged to have committed fraud in their initial public offerings.

Ship’s owner and operator ordered to pay $1.5 million

October 22, 2016
The companies that own and operate a Greek shipping vessel were sentenced today in U.S. District Court in Seattle, Washington, to a $1.3 million fine for the dumping of oily waste at sea, announced U.S. Attorney Annette L. Hayes for the Western District of Washington.

Russian citizen indicted for hacking LinkedIn, Dropbox and Formspring

October 22, 2016
A federal grand jury in Oakland, California, indicted Yevgeniy Aleksandrovich Nikulin of Moscow, Russia, for obtaining information from computers, causing damage to computers, trafficking in access devices, aggravated identity theft and conspiracy.

SEC charges former member of Pinnacle Financial Partners

October 21, 2016
The Securities and Exchange Commission (SEC) charged a Tennessee-based lawyer who served on the executive committee of the board of directors at Nashville-based Pinnacle Financial Partners with insider trading based on nonpublic information he learned about an impending merger.

Former SAP vice president, two others indicted in money laundering

October 21, 2016
A former Palo Alto, California, based global vice president of SAP SE and two other individuals were charged in a federal indictment for their roles in a scheme to commit insider trading and money laundering that allegedly resulted in hundreds of thousands of dollars in profits.

FMC Technologies enters settlement with SEC, will pay penalty

October 20, 2016
The Securities and Exchange Commission (SEC) announced that a Houston-based technology solutions company FMC Technologies has agreed to pay a $2.5 million penalty to settle charges that it overstated profits in one of its business segments.

Intel’s appeal against of €1.06 billion fine should be upheld

October 20, 2016
By decision of 13 May 2009, 1 the Commission imposed a fine of €1.06 billion on Intel for having abused its dominant position on the market for x862 central processing units (CPUs), in infringement of the competition rules of the EU and the European Economic Area (EEA).
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