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Today in History - July 4 - Independence Day
Business and Financial
It is highly recommended that you not do business with salesman Stephen Roberts! Response to a consumer who was unhappy with a leased vehicle: "Bring the vehicle back in 3 years when the lease is up and we'll find you…
The Federal Trade Commission finalized an order with Publishing.com LLC and its two principals, settling allegations that they misled consumers about how much money consumers were likely to earn using their self-publishing products. Under the order finalized by the Commission,…
Complaint alleges that Hopper made millions of dollars flouting its ‘no hidden fees’ promises The companies that operate the Hopper travel apps have agreed to pay $35 million and will be prohibited from deceiving consumers about fees to settle the…
AeroVironment Inc., Simi Valley, California, was awarded a $500,000,000 firm-fixed-price contract for the procurement of commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. Work locations and funding will be determined with each order, with an estimated completion date…
The owner of two telemedicine companies was sentenced today to 120 months in prison and ordered to pay $66 million in restitution for her role in a scheme to fraudulently bill Medicare for medically unnecessary durable medical equipment and prescription…
EagleBank, a community bank with operations in Maryland, Virginia, and the District of Columbia, and its parent entity, Eagle Bancorp Inc. (collectively, EagleBank), entered into a non-prosecution agreement today and agreed to pay over $9.7 million to resolve the Justice…
Two individuals were sentenced yesterday for their participation in a scheme to trade securities based on material nonpublic information about the $3.2 billion merger of two companies, which resulted in illicit profits of over $600,000. Two other individuals were previously…
Advanced Pathology Solutions PLLC (formerly known as Advanced Pathology Solutions LLC), an anatomic pathology laboratory headquartered in North Little Rock, Arkansas, and its management services organization, APS MSO LLC (together, “APS”), along with current and former owners Kevin Hannah, Donell…
Proposed Settlement Would Allow Patients, Employers, and Health Insurers to Select Lower Cost Healthcare Options The Justice Department’s Antitrust Division filed a proposed settlement today to resolve the United States’ civil antitrust lawsuit against OhioHealth Corporation (OhioHealth) challenging the company’s…