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Business and Financial
Jun 12, 2026
The Antitrust Division of the U.S. Department of Justice (“Division”) issued the following statement today in connection with the closing of the Division’s investigation into the proposed acquisition of Warner Bros. Discovery (“WBD” or “Warner Bros.”) by Paramount Skydance (“Paramount”),…
Jun 10, 2026
Ahold Delhaize USA Inc. (Ahold Delhaize), headquartered in Quincy, Massachusetts, has agreed to pay the United States and participating states a total of $40 million to resolve allegations that it violated the False Claims Act and state analogs by reporting…
Jun 5, 2026
AIR FORCE Kongsberg Defence & Aerospace, Kongsberg, Norway, was awarded a $240,904,098 firm-fixed-price contract for the Joint Strike Missile Lot Two production. This contract provides for the purchase of all up rounds with containers, test hardware, and support items being…
Jun 3, 2026
Community Care Health Network LLC, doing business as Matrix Medical Network (Matrix), DPN USA, doing business as HealthFair (HealthFair), and Shahriah “James” Ekbatani have agreed to pay a total of $56.5 million to resolve allegations that they violated the False…
Jun 3, 2026
LOS ANGELES – An Orange County man who co-founded and served as board member of the financial technology and sustainability services company formerly known as Aspiration Partners Inc., was sentenced today to 168 months in federal prison for a years-long…
Jun 2, 2026
LOS ANGELES – An Ohio-based smoke bomb designer and importer, and two other companies have agreed to pay more than $4 million to the United States for costs and damages from the El Dorado Fire of 2020, which was ignited…
Aspiration Partners Co-Founder Sentenced to Prison for $248M Scheme to Defraud Investors and Lenders
Jun 2, 2026
A California man who was a co-founder and former board member of Aspiration Partners, Inc., a financial technology and sustainability services company, was sentenced yesterday to 14 years in prison for a five-year scheme to defraud multiple lenders and investors…
May 29, 2026
Washington D.C., — The Securities and Exchange Commission today proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s proposal focuses on returning the…
May 28, 2026
By C. Todd Lopez The War Department signed a five-year agreement to purchase Microsoft Services — a move expected to save the department $422 million annually. "The Department of War is taking a definitive step forward to advance our digital…
May 27, 2026
Greg Lindberg, 56, of Tampa, Florida, and the founder and chairman of Eli Global LLC and owner of Global Bankers Insurance Group (GBIG) was sentenced to a combined 12 years in prison for his role in a bribery conspiracy and…
May 26, 2026
John Arthur Hanratty, a New York-Licensed Attorney, was Engaged in a Fraudulent Scheme to Defraud a Bank of More Than $20 Million Sean S. Buckley, Attorney for the United States, Acting under Authority Conferred by 28 U.S.C. § 515, announced…
May 21, 2026
FTC alleged the companies falsely claimed service could target ads using conversations from consumers’ smart devices and that consumers had opted in The Federal Trade Commission will require Cox Media Group (CMG) and two smaller marketing firms to pay a…