Friday April 26, 2019 5:54AM ET
Two drug makers will pay nearly US$125 million to settle claims they used charities that help cover Medicare patients’ out-of-pocket drug costs as a way to pay kickbacks aimed at encouraging the use of their medications, the US Justice Department said on Thursday.
Thursday April 25, 2019 4:50PM ET
Zurich Life Insurance Company, headquartered in Zurich, Switzerland, and Zurich International Life Limited, headquartered in the Isle of Man reached a resolution with the United States Department of Justice yesterday, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Department of Justice’s Tax Division.
Thursday April 25, 2019 4:45PM ET
Attorney General Xavier Becerra announced a $150 million settlement with Morgan Stanley for misleading investors including California’s teachers and public employees.
Wednesday April 24, 2019 7:56AM ET
An indictment unsealed charges Xiaoqing Zheng, 56, of Niskayuna, New York, and Zhaoxi Zhang, 47, of Liaoning Province, China, with economic espionage and conspiring.
Wednesday April 24, 2019 5:56AM ET
An Oregon aluminum extrusion manufacturer has agreed to pay $46 million to NASA, the Department of Defense, and others to resolve criminal charges and civil claims relating to a 19-year fraud scheme that included falsifying thousands of certifications for aluminum extrusions provided to hundreds of customers.
Monday April 22, 2019 5:24AM ET
China\'s securities watchdog toughened punishment on illegal market activities last year amid strengthened supervision, with total fines and administrative penalties reaching a three-year high.
Friday April 19, 2019 6:18AM ET
The Department of Justice and the U.S. Environmental Protection Agency (EPA) announced a settlement with Honeywell International Inc., and International Paper Co., for cleanup of contaminated soils and sediments at the LCP-Holtrachem plant in Riegelwood, Columbus County, North Carolina.
Tuesday April 16, 2019 6:16PM ET
CVS Pharmacy has agreed to pay $535,000 for filling forged prescriptions for opioids at multiple stores across Rhode Island.
Monday April 15, 2019 4:22PM ET
UniCredit Bank AG, a financial institution headquartered in Munich, operating under the name HypoVereinsbank, and part of the UniCredit Group has agreed to enter a guilty plea.
Monday April 15, 2019 6:26AM ET
A Moscow magistrate court on Friday ordered Facebook company to pay 3,000 rubles (about $50) for keeping data of Russian users abroad, RAPSI reports from the courtroom.
Friday April 12, 2019 5:16PM ET
The Department of Justice announced that 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.
Thursday April 11, 2019 7:23AM ET
A French court has ordered Facebook to pay 30,000 euros ($34,000) over “abusive” terms-of-use agreements that people had to accept in order to access their social media accounts, the consumer group which filed the lawsuit said Wednesday.