POST Online Media Lite Edition



 

Crime : Page 68

Kiwibank admits system failures and agrees to pay customers $5.2 million

September 28, 2020
Kiwibank has entered into a settlement agreement with the Commerce Commission after reporting that it failed to have in place robust home loan variation disclosure policies, procedures and systems.

Fines of $15.5 million for BNP Paribas, Millennium and Santander Bank in Poland

September 28, 2020
President of UOKiK Tomasz Chróstny issued three decisions in which he questioned the provisions contained in the annexes to the credit agreements imprecisely defining the principles of determining foreign exchange rates, based on which banks convert credit instalments due.

AG Raoul announces $60m multistate settlement with manufacturer of surgical mesh

September 26, 2020
Attorney General Kwame Raoul, as part of a bipartisan coalition of attorneys general, announced a settlement with C.R. Bard, Inc. and its parent company Becton, Dickinson and Co., requiring payment of $60 million for the deceptive marketing of transvaginal surgical mesh devices.

BMW fined $18 mn in U.S. over inflated sales data

September 25, 2020
The Securities and Exchange Commission announced settled charges against BMW AG and two of its U.S. subsidiaries for disclosing inaccurate and misleading information about BMW’s retail sales volume in the U.S. while raising approximately $18 billion from investors in several corporate bond offerings.

Gilead to pay $97 million to resolve alleged false claims act liability for paying kickbacks

September 24, 2020
Gilead Sciences, Inc. has agreed to pay $97 million to resolve claims that it violated the False Claims Act by illegally using a foundation as a conduit to pay the copays of thousands of Medicare patients taking Gilead’s pulmonary arterial hypertension drug, Letairis, the Justice Department announced.

Westpac agrees to record $920 million penalty for mass breaches of money laundering laws

September 24, 2020
Westpac has agreed to pay a record fine for the nation’s biggest breach of anti-money laundering laws.

Worker's fall from platform results in $60,000 fine for Aurora King Masonry

September 22, 2020
On January 12, 2019, Aurora King Masonry was undertaking masonry work at a project located at 12600 Kennedy Road in Caledon, Ontario.

Mexican meat processor to pay fine for violating cattle futures speculative position limits

September 21, 2020
The Commodity Futures Trading Commission issued an order filing and settling charges against Sukarne SA de CV, a Mexico-based meat processor, for violating live cattle futures speculative position limits.

Blue Bell Creameries ordered to pay $17.25 million in connection with listeria contamination

September 18, 2020
A federal court in Texas sentenced ice cream manufacturer Blue Bell Creameries L.P. to pay $17.25 million in criminal penalties for shipments of contaminated products linked to a 2015 listeriosis outbreak, the Justice Department announced.

U.S. reaches $1.5 billion settlement with Daimler over emissions cheating

September 15, 2020
The U.S. Department of Justice, Environmental Protection Agency (EPA), and California Air Resources Board (CARB) announced a proposed settlement with German automaker Daimler AG and its American subsidiary Mercedes-Benz USA, resolving alleged violations of the Clean Air Act and California law associated with emissions cheating.

Ex-Driscoll’s exec sentenced for stealing

September 15, 2020
A former executive for one of the world’s largest berry suppliers was sentenced to federal prison and ordered to repay nearly $1.5 million.

France fine Novartis, Roche and Genentech $500 million

September 10, 2020
The French competition authority (AFC) on Thursday slapped a record 444 million euro ($500 million) fine on pharma groups Novartis, Roche and Genentech over market abuses in sales of macular degeneration drugs.
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