Crime : Page 91

California issues $2.7 million fine to Chevron

October 4, 2019 California oil and gas regulators issued a civil penalty of more than $2.7 million​ to Chevron for numerous violations at the Cymric Oil Field in Kern County.

Facebook fined $282,000 in Turkey over data breach

October 4, 2019 Turkish authorities have fined Facebook 1.6 million lira ($282,000) for violation of data protection laws which affected nearly 300,000 people, the Personal Data Protection Board (KVKK) said.

CFTC orders six financial institutions to pay more than $6 million for reporting failures

October 2, 2019 The U.S. Commodity Futures Trading Commission announced that it issued orders yesterday against HSBC Bank USA, N.A., Société Générale International Limited, The Northern Trust Company, NatWest Markets Plc, The Bank of New York Mellon, and PNC Bank, National Association for reporting failures.

CFTC orders two trading firms, bank to pay $3 million fine for spoofing

October 2, 2019 The U.S. Commodity Futures Trading Commission announced that civil enforcement actions were filed and simultaneously settled against two trading firms and one bank.

Brazilian millionaire Eike Batista gets 8 years in jail for insider trading

October 2, 2019 Brazilian business tycoon Eike Batista was sentenced to eight years and seven months of prison because of insider trading and market manipulation.

FCA fines Prudential £23,875,000

October 1, 2019 The Financial Conduct Authority (FCA) has fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities.

Ex-Yahoo employee hacked 6,000 email accounts trying to find naked photos

October 1, 2019 A former Yahoo software employee has pleaded guilty to hacking into the accounts of some 6,000 Yahoo users in search of sexual photos and videos.

Two BMO advisory firms pay over $37 million for failing to disclose conflicts of interest

September 29, 2019 The Securities and Exchange Commission announced that two BMO advisers have agreed to pay over $37 million.

Westport Fuels Systems to pay more than $4.1 million for FCPA violations

September 28, 2019 The Securities and Exchange Commission announced that Westport Fuels Systems, Inc., a Canadian clean fuel technology company headquartered in Vancouver, Canada, and its former chief executive officer, Nancy Gougarty, of Leesville, South Carolina, have agreed to pay more than $4.1 million.

Fiat Chrysler Automobiles to pay $40 million fine for wrong number of sold cars

September 27, 2019 The Securities and Exchange Commission charged Michigan-based automaker FCA US LLC, and its parent company, Fiat Chrysler Automobiles N.V.

Commission fines Coroos and Groupe CECAB €31.6 million for participating in cartel

September 27, 2019 The European Commission has fined Coroos and Groupe CECAB a total of € 31 647 000 for breaching EU antitrust rules. Bonduelle was not fined as it revealed the existence of the cartel to the Commission.

Herbalife to pay $20 million fine for misleading investors

September 27, 2019 The Securities and Exchange Commission announced that Herbalife Nutrition has agreed to pay $20 million to settle charges that it made false and misleading statements about its China business model in numerous U.S. regulatory filings over a six-year period.