POST Online Media Lite Edition



 

Crime : Page 8

FTC and Wisconsin take action against Rhinelander Auto Center for charging unlawful junk fees

October 30, 2023
The Federal Trade Commission and State of Wisconsin are taking action against Wisconsin auto dealer group Rhinelander Auto Center, its current and former owners, and general manager Daniel Towne for deceiving consumers by tacking hundreds or even thousands of dollars in illegal junk fees onto car prices and for discriminating against American Indian customers by charging them higher financing costs and fees.

SEC charges BlackRock with failing to properly disclose investments by publicly traded fund it advised

October 26, 2023
The Securities and Exchange Commission charged BlackRock Advisors, LLC, an investment adviser, for failing to accurately describe investments in the entertainment industry that comprised a significant portion of a publicly traded fund it advised.

Indivior to pay $385 mln to end final Suboxone monopoly lawsuits

October 23, 2023
Drugmaker Indivior agreed to pay $385 million to settle lawsuits brought by drug wholesalers on claims it illegally suppressed generic competition for its opioid addiction treatment Suboxone.

Poland imposed fine of more than $1.1m on Natural Pharmaceuticals

October 23, 2023
The President of the Office of Competition and Consumer Protection (UOKiK) has issued a decision declaring that Natural Pharmaceuticals’ actions had violated the collective interests of consumers.

Metropolitan Bank fined $14.5m for violations of customer identification rules

October 21, 2023
The Federal Reserve Board issued an enforcement action and fined Metropolitan Commercial Bank, of New York, New York, approximately $14.5 million for violations of customer identification rules and for deficient third-party risk management practices relating to the bank\'s issuance of prepaid card accounts.

Teknika HBA to pay $200,000 in settlement over bid rigging on municipal contracts in Québec

October 21, 2023
Engineering firm Teknika HBA (now Les Services EXP Inc.) has been ordered to pay $200,000 for bid-rigging on municipal infrastructure contracts in Québec.

Commission fines pharma companies €13,4 million in antitrust cartel settlement

October 20, 2023
The European Commission has fined Alkaloids of Australia, Alkaloids, Boehringer, Linnea and Transo-Pharm a total of €13,4 million for participating in a cartel concerning an important pharmaceutical ingredient.

Tesla Motors Australia pays penalties for alleged breach of button battery safety standards

October 16, 2023
Car manufacturer Tesla Motors Australia Pty Ltd has paid penalties of $155,460 after the Australian Competition and Consumer Commission (ACCC) issued it with ten infringement notices for allegedly failing to comply with mandatory safety standards for products powered by button batteries, in breach of the Australian Consumer Law.

Australia fines X $386,000 for not doing enough to stop child abuse

October 16, 2023
Australia issued a fine of $610,500 Australian dollars ($386,000) on Monday against X ,formerly known as Twitter, for “falling short” in disclosing information on how it tackles child sex abuse content.

Alleged scam of export from Vietnam to UAE: Payment for 4 out of 5 containers recovered

October 16, 2023
Regarding the alleged export scam involving five containers of farm produce, including black pepper, cashew nuts, cinnamon and star anise to the United Arab Emirates (UAE), the Vietnam Pepper Association (VPA) announced on October 13 that payment for four containers has been retrieved and the remaining work is underway.

8 stores in North Carolina pay fines for price scanning errors

October 9, 2023
The N.C. Department of Agriculture and Consumer Services’ Standards Division has collected fines from eight stores in eight counties because of excessive price-scanner errors.

Croatia: CCA fines retailer Plodine for imposing unfair trading practices

October 9, 2023
The Croatian Competition Agency (CCA) fined Plodine from Rijeka EUR 15,000 for the infringement of the Croatian Act on the prohibition of unfair trading practices in the business-to-business food supply chain (UTPs Act).
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