Canon and Toshiba failed to observe the required waiting period in Canon’s $6.1 billion acquisition of Toshiba’s Toshiba Medical Systems Corporation

Canon Inc. and Toshiba Corporation have agreed to settle federal charges that the companies violated the premerger notification and waiting period requirements of the Hart-Scott-Rodino Act (HSR Act), when Canon acquired Toshiba Medical Systems Corporation from Toshiba in 2016.

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PGPIC Awards IRGC Construction Firm Hundreds of Millions of Dollars in Contracts

WASHINGTON – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today against Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for providing financial support to Khatam al-Anbiya Construction Headquarters (Khatam al-Anbiya), the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC). In addition to PGPIC, OFAC is designating PGPIC’s vast network of 39 subsidiary petrochemical companies and foreign-based sales agents. PGPIC and its group of subsidiary petrochemical companies hold 40 percent of Iran’s total petrochemical production capacity and are responsible for 50 percent of Iran’s total petrochemical exports.

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As part of The Department of Justice’s ongoing review of legacy antitrust judgments, the Antitrust Division today announced that it has opened a review of its consent decrees with The American Society of Composers, Authors and Publishers (ASCAP) and Broadcast Music, Inc. (BMI). For more than seventy-five years, these decrees have governed the process by which these two organizations license rights to publicly perform musical works. The purpose of the Division’s review is to determine whether the decrees should be maintained in their current form, modified, or terminated.

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Oral Roberts University (ORU), based in Tulsa, Oklahoma, will pay $303,502 to resolve allegations under the False Claims Act of submitting false claims to the U.S. Department of Education in violation of the federal ban on incentive-based compensation.

Title IV of the Higher Education Act (HEA) prohibits any institution of higher education that receives federal student aid from compensating student recruiters with a commission, bonus, or other incentive payment based on the recruiters’ success in securing student enrollment. The incentive compensation ban protects students against admissions and recruitment practices that serve the financial interests of the recruiter rather than the educational needs of the student.

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WASHINGTON – U.S. Customs and Border Protection (CBP), in partnership with the U.S. Army Corps of Engineers (USACE), has awarded a contract to construct approximately three miles of new bollard wall system on federally owned land within the Rio Grande Valley Sector (RGV) Rio Grande City area of responsibility in Starr County, Texas.

The contract for this project was awarded on May 28, 2019 to Kiewit Infrastructure West Co. for the amount of $42,860,000 and construction is anticipated to begin in August 2019. This project includes the construction of 18-30 foot tall steel bollards, in addition to road construction, detection technology and lighting installation.

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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 & Sales Practices Litig., alleged that The Dial Corp. falsely advertised its “Dial Complete” hand soaps containing triclosan as more effective at killing germs over other brands’ soap. Under a proposed settlement reached between the parties, Dial would pay $2.32 million to class members, with most class members receiving up to $8.10 in compensation for previous purchases of certain soap products. The settlement also provides for injunctive relief that would require Dial to refrain from using triclosan or claiming that its hand wash product “Kills 99% of Germs.”

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