Crime : Page 73
July 10, 2020
Attorney General Dana Nessel and Michigan Liquor Control Commission (MLCC) Chair Pat Gagliardi have secured an unprecedented $3 million fine and independent audit against NWS Michigan LLC, one of the state’s authorized spirits distributors, for 88 violations of the Liquor Control Code.
July 10, 2020
Ofcom has fined Royal Mail £1.5m for failing to meet its regulatory first-class delivery target in 2018/19.
July 10, 2020
The Authority has concluded the proceedings filed against Enegan, by ascertaining the adoption by the abovementioned company of an incorrect practice in the context of the supply of electric power and gas services, consisting both in the billing of various cost items and cancellation penalties not payable by users, and the omission of relevant and transparent information about the nature of these charges.
July 8, 2020
South Korea\'s telecommunications regulator said it imposed a record fine of 51.2 billion won (US$46.7 million) on the country\'s three major carriers SK Telecom Co., KT Corp. and LG Uplus Corp. for providing illegal subsidies to subscribers to their 5G network services.
July 8, 2020
The National Bank of Hungary (MNB) said it fined CIB Bank and Raiffeisen Bank for failing to fully comply with rules to prevent money laundering and the financing of terrorism, state news wire MTI reports.
July 8, 2020
Superintendent of Financial Services Linda A. Lacewell announced that Deutsche Bank AG, its New York branch, and Deutsche Bank Trust Company America have agreed to pay $150 million in penalties as part of a Consent Order entered into with the New York State Department of Financial Services (“DFS†or the “Departmentâ€) for significant compliance failures in connection with the Bank’s relationship with Jeffrey Epstein and correspondent banking relationships with Danske Bank Estonia (“Danske Estoniaâ€) and FBME Bank.
July 8, 2020
Attorney General Maura Healey has reached an agreement with Columbia Gas that requires the company to pay $56 million for its role in the Merrimack Valley gas explosions and to leave Massachusetts by the upcoming heating season.
July 6, 2020
Following an in-depth investigation, the EFTA Surveillance Authority (ESA) concludes that Telenor abused its market dominance by a pricing strategy that resulted in rivals making a loss when selling residential mobile broadband services on tablets and laptops.
July 3, 2020
The Securities and Exchange Commission announced that Boston-based pharmaceutical company Alexion Pharmaceuticals Inc. has agreed to pay more than $21 million to resolve charges that it violated the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA).
July 2, 2020
Novartis Pharmaceuticals Corporation has agreed to pay over $642 million in separate settlements resolving claims that it violated the False Claims Act (FCA).
July 1, 2020
The CMA has fined 2 musical instrument makers a total of £5.5 million, in 2 separate cases, for breaking competition law by restricting online discounting of musical instruments.
July 1, 2020
The CMA has found that a private hospital group and 7 consultant ophthalmologists broke competition law by taking part in illegal price fixing.