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France fines Google €50 million in landmark GDPR case
GoogleMonday January 21, 2019 2:45PM ET
France\'s regulatory body dealing with data privacy has fined Google €50 million regarding advertisers’ access to users\' personal data.
Ex-employees of Russian bank receive 3 years in prison for $8.5 million embezzlement
TyumenMonday January 21, 2019 5:38AM ET
A court in Tyumen, a city in Western Siberia, has sentenced ex-several employees of the Siberian Bank for Reconstruction and Development to 3 years in prison each for embezzling more than 560 million rubles ($8.5 million) from the financial organization, the press service of Russia’s Prosecutor General’s Office reports Friday.
Nissan Korea fined $804,000 for overstating fuel efficiency
Nissan Infiniti Q50 2.2dWednesday January 16, 2019 4:02AM ET
South Korea’s antitrust watchdog said Wednesday that it has fined Nissan Korea 900 million won ($804,000) for inflating gas mileage figures for its Infiniti Q50 2.2d sedans.
Toyota Korea fined $729,307 for false advertising
Toyota RAV4Tuesday January 15, 2019 8:49AM ET
Korea\'s antitrust agency has imposed an 817 million won ($729,307) fine on Toyota Motor Korea saying the Korean unit made deceptive ads about the safety of its RAV4 SUV.
Acacia Mining fined for breaching environmental regulations in Tanzania
Acacia MiningTuesday January 15, 2019 4:46AM ET
Acacia informed the market that its North Mara mine has received an Environmental Protection Order (“EPO”), requiring payment of a fine of 300,000,000 Tanzanian Shillings (US$130,000) in relation to alleged breaches of environmental regulations in Tanzania.
Neiman Marcus reaches $1.5 million data breach settlement
Neiman MarcusMonday January 14, 2019 5:24AM ET
Attorney General Lisa Madigan, along with the attorneys general of 42 states and the District of Columbia,announced a $1.5 million settlement with the Neiman Marcus Group.
Teva Pharmaceutical Industries to pay Illinois $135m fraud settlement
Lisa MadiganMonday January 14, 2019 5:14AM ET
Attorney General Lisa Madigan announced she has recovered $135 million for the state of Illinois in a settlement with Teva Pharmaceuticals USA that resolves allegations the drug company inflated the wholesale prices used in setting the rates for Medicaid reimbursements.
Bosch to pay USD 131 million to settle US diesel emissions claims
BoschMonday January 14, 2019 4:17AM ET
On January 10, 2019, Bosch resolved pending civil litigation with U.S. consumers and used car dealers, as well as investigations by 50 U.S. states and territories into Bosch by entering into two sets of settlement agreements.
Fiat Chrysler agrees to pay $800m to settle emissions cheating case
Fiat ChryslerFriday January 11, 2019 3:03AM ET
The Department of Justice, the Environmental Protection Agency (EPA) and the State of California announced a settlement with Fiat Chrysler Automobiles N.V., FCA US, and affiliates (Fiat Chrysler) for alleged violations of the Clean Air Act and California law.
Ex-Credit Suisse bankers arrested on charges over Mozambique loans
Credit SuisseFriday January 4, 2019 6:58AM ET
Three former Credit Suisse Group AG bankers were arrested in London on Thursday on U.S. charges that they took part in a fraud scheme involving $2 billion in loans to state-owned companies in Mozambique, a spokesman for U.S. prosecutors said.
Thames Water fined £2m for 'foreseeable and avoidable' pollution
Thames WaterFriday January 4, 2019 4:18AM ET
Thames Water has been fined £2million after raw sewage polluted two Oxfordshire streams, killing almost 150 fish. The sewage also flooded a nearby garden.
Wells Fargo reached agreement with 50 states, will pay $575 million
Wells FargoSaturday December 29, 2018 7:43AM ET
Wells Fargo & Co. reached an agreement with all 50 state Attorneys General and the District of Columbia regarding previously disclosed retail sales practices, auto collateral protection insurance (CPI) and Guaranteed Asset/Auto Protection (GAP), and mortgage interest rate lock matters.
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