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VTech Electronics to pay for violating Children’s Privacy Law and the FTC Act
VTech ElectronicsMonday January 8, 2018 2:35PM ET
Electronic toy manufacturer VTech Electronics Limited and its U.S. subsidiary have agreed to settle charges by the Federal Trade Commission (FTC).
Britain's financial watchdog fines and bans former RBS trader
Neil Danziger RBSMonday January 8, 2018 6:19AM ET
Britain's financial watchdog has fined former Royal Bank of Scotland interest rate derivatives trader Neil Danziger 250,000 pounds ($338,000) and banned him from working in any regulated financial activity.
Former CFO of Arthrocare Corporation sentenced to prison
Arthrocare CorporationSaturday January 6, 2018 6:42AM ET
The former CFO of ArthroCare Corporation, a publicly traded medical device company based in Austin, Tx., was sentenced to 50 months in prison for his role in orchestrating a fraud scheme that resulted in shareholder losses of over $750 million.
Petrobras agrees to $2.95bn settlement with U.S. investors
PetrobrasWednesday January 3, 2018 6:40PM ET
Petrobras agreed to pay nearly $3 billion to settle a U.S. shareholder lawsuit.
Competitors agreed who will win auction by Ignalina nuclear plant
Ignalina nuclear plantTuesday January 2, 2018 6:43AM ET
The Competition Council found that UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant, and thus were fined EUR 27,500 and EUR 27,100 respectively.
Ethiopia: Authority charges 11 more medicine importers
Ethiopia pharmacyTuesday January 2, 2018 6:40AM ET
The number of pharmaceutical suppliers and retailers accused of inflating prices by the Trade Competition & Consumer Protection Authority (TCCPA) has now reached 19, with 11 importers added to the list along with the previously charged eight wholesalers.
Citigroup to pay $11.5 million for inaccurate stock ratings
CitigroupFriday December 29, 2017 7:13AM ET
Citigroup was fined by a U.S. regulator $5.5 million and required to pay at least $6 million in compensation to customers for displaying inaccurate stock ratings.
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