Crime : Page 6
December 21, 2023
Attorney General Kwame Raoul filed a consent decree resolving a lawsuit the office filed against a deli meat processing company based in Elk Grove Village, Illinois.
December 21, 2023
Drugmaker Servier must pay more than 430 million euros ($471 million) in connection with weight loss pill Mediator, a French court ruled on Wednesday, saying the company was guilty of fraud and other charges because it knew the drug was potentially harmful when selling it.
December 20, 2023
A bipartisan coalition of 53 attorneys general announced a $700 million agreement with Google for monopolistic conduct in its app store that increased costs for consumers and app developers.
December 20, 2023
The French competition authority has fined watch manufacturer Rolex €91.6 million euros (CHF87 million francs) for a decade long prohibition of its authorised distributors from selling its watches online.
December 19, 2023
The Securities and Exchange Commission announced that Credit Suisse Securities (USA) and two affiliated Credit Suisse entities agreed to pay more than $10 million to settle the SEC’s charges that they provided prohibited underwriting and advising services to mutual funds.
December 19, 2023
The Commodity Futures Trading Commission issued an order simultaneously filing and settling misappropriation-based fraud charges against Freepoint Commodities LLC, a commodities merchant in Stamford, Connecticut.
December 18, 2023
The U.S. Department of Transportation (DOT) announced a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during and after the operational failures that cancelled 16,900 flights and stranded over two million passengers over the 2022 Christmas holiday and into the New Year.
December 15, 2023
Airbnb said agreed to pay Italy’s tax agency 576 million euros ($621 million) following allegations of tax evasion.
December 8, 2023
FINRA announced that it has sanctioned M1 Finance, Open to the Public Investing, SoFi Securities, and SogoTrade a combined $2.6 million, including over $1 million in restitution to retail customers enrolled in fully paid securities lending programs and fines of $1.6 million for the firms’ related supervisory and advertising violations.
December 7, 2023
The European Commission fined Lantmännen ek för and its subsidiary Lantmännen Biorefineries AB (formerly named Lantmännen Agroetanol AB) around €47.7 million for participating in a cartel concerning the wholesale price formation mechanism for ethanol in Europe.
December 5, 2023
Swiss private bank Banque Pictet et Cie SA admitted today to conspiring with U.S. taxpayers and others to hide more than $5.6 billion in 1,637 secret bank accounts in Switzerland and elsewhere and to conceal the income generated in those accounts from the IRS.
December 4, 2023
FINRA fined BofA Securities $24 million for engaging in more than 700 instances of spoofing through two former traders in U.S. Treasury secondary markets and related supervisory failures spanning more than six years.