Crime : Page 9

50 AG secure $49.5 million from Blackbaud for data breach

October 6, 2023 New York Attorney General Letitia James and a multistate coalition of 50 attorneys general reached a $49.5 million agreement with cloud company Blackbaud over a massive data breach that impacted thousands of nonprofit institutions, including charities, colleges and universities, and health care organizations in New York and across the country.

U.S. slaps DISH with first space debris fine

October 4, 2023 The FCC’s Enforcement Bureau announced a settlement of its investigation into DISH for failure to properly deorbit its EchoStar-7 satellite.

Goldman Sachs to pay $3 million to settle CFTC charges

October 2, 2023 The Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against Goldman Sachs for failure to maintain adequate supervisory systems and controls to ensure its customers’ trading was not disruptive and for material omissions in a letter to the CFTC’s Division of Enforcement (DOE).

Albemarle to pay SEC more than $103 million to settle FCPA violations

September 30, 2023 The Securities and Exchange Commission announced that Charlotte based Albemarle, a specialty chemicals company, agreed to pay more than $103.6 million to settle the SEC’s charges that it violated the anti-bribery, recordkeeping, and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA).

SEC charges Electric Vehicle for misleading revenue projections ahead of SPAC merger

September 29, 2023 The Securities and Exchange Commission charged Denver based Spruce Power Holding Corporation, the successor to XL Fleet, for misleading investors about revenue projections that topped $1 billion within three years of going public.

Exelon to pay $46.2m penalty to settle SEC fraud charges

September 29, 2023 The U.S. securities regulator fined Exelon and its subsidiary $46.2 million and filed a lawsuit against a former executive in connection with an alleged multi year scheme to corruptly influence and reward a former Illinois politician.

Dufresne to pay $3.25 million penalty to settle Competition Bureau Canada concerns over marketing claims

September 28, 2023 A Competition Bureau investigation concluded that The Dufresne Group Inc. (TDG) and its affiliates offered certain products at inflated regular prices and then advertised them at big discounts, suggesting significant savings to consumers.

New York judge found Donald Trump liable for fraud, effectiely kills his business in state

September 27, 2023 A New York judge found Donald Trump and his family business fraudulently inflated the value of his properties and other assets.

Deutsche Bank subsidiary DWS to pay $25 million for anti-money laundering violations and misstatements

September 26, 2023 The Securities and Exchange Commission charged registered investment adviser DWS Investment Management Americas (DIMA or DWS), a subsidiary of Deutsche Bank.

Portugal: Lisbon Court of Appeal confirms infringement by Super Bock sanctioned by AdC

September 25, 2023 The Lisbon Court of Appeal has upheld Super Bock\'s competition infringement sanctioned by the AdC in July 2019, as well as the full amount of the 24 million fine imposed on the company.

Commission re-imposes €376.36 million fine on Intel for anticompetitive practices in market for computer chips

September 25, 2023 The European Commission has re-imposed a fine of around €376.36 million on Intel for a previously established abuse of dominant position in the market for computer chips called x86 central processing units (‘CPUs\').

Goldman Sachs to pay SEC $6 million in penalties for providing deficient blue sheet data

September 23, 2023 The Securities and Exchange Commission announced settled charges against Goldman Sachs for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC.