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.
The Securities and Exchange Commission charged a former senior lawyer at SeaWorld Entertainment Inc. with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018.
Standard Chartered Bank (SCB) has agreed to forfeiture of $240 million, a fine of $480 million, and to the amendment and extension of its deferred prosecution agreement (DPA) with the Justice Department for an additional two years for conspiring to violate the International Emergency Economic Powers Act (IEEPA).
The European Commission has fined General Electric €52 million for providing incorrect information during the Commission\'s investigation under the EU Merger Regulation of GE\'s planned acquisition of LM Wind.
The Securities and Exchange Commission charged the former CFO and two former employees of a publicly traded transportation company with fraud for manipulating the company’s financial results in order to meet earnings targets and projections.
Carlo Palombo and Colin Bermingham were sentenced to a total of 9 years imprisonment at Southwark Crown Court for manipulating the Euro Interbank Offered Rate (EURIBOR) at the height of the financial crisis.
A Seoul court on Thursday levied a fine of 15 million won (US$13,200) on Nissan Korea, a local unit of Japanese automaker Nissan Motor, for falsifying emissions and gas mileage figures for some models sold in South Korea.