Justice Department Announces Results of Operation Spring Cleaning
Union Leaders Convicted of Racketeering, Fraud, and Embezzlement of Union Dues
CEO of Iran Tech Company Arrested on Federal Charge of Supplying U.S. Equipment to Iran’s Nuclear and Military Establishment
Joint Law Enforcement Effort Disrupts Two Multi-State Drug Trafficking Operations; Nineteen Defendants Charged in Homeland Security Task Force Initiative
Morris County Man Arrested for Kicking and Biting ICE Deportation Officers
Business and Financial
May 9, 2019
The Department of Justice filed a Statement of Interest today arguing that a proposed class action settlement involving hand soap would afford little value to consumers while handsomely compensating attorneys. Plaintiffs in the case, In re: Dial Complete Marketing &…
Apr 14, 2019
UniCredit Group Banks Agree to Pay Over $1.3 Billion for Violating Sanctions UniCredit Bank AG (UCB AG), a financial institution headquartered in Munich, operating under the name HypoVereinsbank, and part of the UniCredit Group has agreed to enter a guilty…
Apr 11, 2019
General Electric (GE) will pay a civil penalty of $1.5 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) to resolve claims involving subprime residential mortgage loans originated by WMC Mortgage (WMC), a GE subsidiary. WMC,…
Mar 11, 2019
Bank Admits for Years It Opened and Maintained Customer Accounts in Violation of Agreement with the Internal Revenue Service; Agrees to Pay $195 Million as Part of a Deferred Prosecution Agreement with the Justice Department Mizrahi-Tefahot Bank Ltd., (Mizrahi-Tefahot) and…
Mar 10, 2019
SAN FRANCISCO – Covidien LP has agreed to pay $17,477,947 to resolve allegations that it violated the False Claims Act by providing free or discounted practice development and market development support to physicians located in California and Florida to induce…
Dec 25, 2018
JPMorgan Chase Bank N.A. will pay more than $135 million to settle charges of improper handling of “pre-released†American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of a foreign company – require a corresponding number of…
Dec 19, 2018
WASHINGTON—The federal bank regulatory agencies announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations. The annual adjustments are…
Dec 18, 2018
The Securities and Exchange Commission today announced that it has voted to adopt new Rule 610T of Regulation NMS to conduct a Transaction Fee Pilot in NMS stocks. The pilot is designed to generate data that will help the Commission…
Dec 18, 2018
Washington, DC — A federal court in New York entered an Opinion and Order ( Opinion and Order) on December 3 against defendants Haena Park, her companies Phaetra Capital GP LLC, Phaetra Capital Management LP, and Argenta Group LLC (collectively,…
Dec 17, 2018
Emergency Support to Producers in Surrounding Counties Also Available EAST LANSING, Mich. — Michigan agricultural producers who lost property due to recent natural disasters may be eligible for U.S. Department of Agriculture (USDA) physical loss loans. The Farm Service Agency…
Dec 17, 2018
Emergency Support to Producers in Surrounding Counties Also Available WASHINGTON, D.C. — Agriculture Secretary Sonny Perdue designated Grand Traverse County, Michigan, as a primary natural disaster area. Producers who suffered losses due to hail that occurred on Aug. 1, 2018,…
Dec 17, 2018
The Securities and Exchange Commission has charged two former senior executives of the U.S. subsidiary of Panasonic Corp. with knowingly violating the books and records and internal accounting controls provisions of the federal securities laws and causing similar violations by…