WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced May 26 that Sherwin-Williams Company will settle anti-competitive allegations related to its proposed $11.3 billion acquisition of Valspar Corporation by selling Valspar’s North America Industrial Wood Coatings Business to Axalta Coating Systems Ltd.
YOUNGSTOWN, Ohio (Legal Newsline) — Ohio Attorney General Mike DeWine announced May 22 that his office has taken action to protect consumers, filing a complaint against George N. Krinos, who does business as Doors, Kitchens, and More Construction Co., for allegedly failing to deliver promised home improvement services to consumers.
BOSTON (Legal Newsline) — The U.S. Department of Justice announced May 22 that Banamex USA (BUSA), a Los Angeles-based financial institution and a subsidiary of Citigroup Inc., will forfeit $97.44 million and enter into a non-prosecution agreement (NPA) after allegations that BUSA committed Bank Secrecy Act (BSA) violations.
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced May 23 that a federal court has temporarily halted an alleged phony debt relief operation that duped financially strapped consumers out of tens of millions of dollars. The purported scheme focused much of its efforts on scamming the elderly and the disabled.
BOSTON (Legal Newsline) — Massachusetts Attorney General Maura Healey announced May 22 that she is leading a group of 32 attorneys general, along with Colorado Attorney General Cynthia Coffman, in opposing the Trump administration’s proposal to eliminate federal funding for the Legal Services Corporation (LSC).
WASHINGTON (Legal Newsline) — The U.S. Department of Justice (DOJ) and the U.S. Environmental Protection Agency (EPA) announced May 23 the filing of a civil complaint in federal court in Detroit, against FCA US LLC, Fiat Chrysler Automobiles N.V., V.M. Motori S.p.A., and V.M. North America Inc. (collectively, “FCA”).