Top News

California-based healthcare facility pays $14.1M

Stephanie Ostrowski Jun. 5, 2013, 4:57pm

WASHINGTON (Legal Newsline) - After allegedly violating the False Claims Act, healthcare facility Adventist Health System/West and its affiliated hospital White Memorial Medical center have agreed to pay $14.1 million to settle with the United States and California.

Consumer protection agency targets debt-settlement service providers

Stephanie Ostrowski May 14, 2013, 8:51pm

Cordray

SEC: Capital One, two former executives understated auto loan losses

Stephanie Ostrowski May 6, 2013, 7:06pm

WASHINGTON (Legal Newsline) - Capital One Financial Corporation and two former senior executives have been charged for understating millions of dollars in auto loan losses during the months leading into the financial crisis.

Hedge firm pays $21.5M to settle SEC insider trading charges

Stephanie Ostrowski May 2, 2013, 1:39pm

WASHINGTON (Legal Newsline) - Hedge fund advisory firm Level Global Investors LP has agreed to pay more than $21.5 million to settle charges for alleged insider trading in the securities of Dell Inc. and Nvidia Corp.

EPA forces nine gas stations to improve leak detection

Stephanie Ostrowski May 1, 2013, 4:59pm

NEW YORK (Legal Newsline) - To improve the detection of gas leaks, the owners of nine gas stations will spend a minimum of $112,000 as a result of an agreement with the U.S. Environmental Protection Agency.

Civil Penalty Fund rule issued by CFPB

Stephanie Ostrowski May 1, 2013, 4:56pm

WASHINGTON (Legal Newsline) - A Civil Penalty Fund rule has been created by the Consumer Financial Protection Bureau (CFPB) which establishes conditions and a transparent process for allocating money from the fund to compensate victims of civil penalty violations.

SEC says Conn. firm schemed to profit from Apple stock

Stephanie Ostrowski May 1, 2013, 4:54pm

WASHINGTON (Legal Newsline) - A former Connecticut-based brokerage firm has been charged with scheming to personally profit from placing unauthorized orders to buy Apple stock.

Iowa grain processor fined for Clean Water Act violations

Stephanie Ostrowski May 1, 2013, 4:50pm

Lenexa, Kan. (Legal Newsline) - An Iowa company allegedly violated the federal Clean Water Act in 2011 and has agreed to pay a $129,000 civil penalty to resolve.

Pair convicted on federal tax charges

Stephanie Ostrowski May 1, 2013, 4:48pm

WASHINGTON (Legal Newsline) - Two Phoenix businessmen have been convicted by a jury on federal tax charges for failure to disclose secret offshore bank accounts in Switzerland.

Parker Drilling settles Nigerian influence lawsuit

Stephanie Ostrowski Apr. 22, 2013, 8:38pm

WASHINGTON (Legal Newsline) - Charges made under the Foreign Corrupt Practices Act have been settled by Parker Drilling Company for an $11.76 million penalty.

Honeywell Resins and Chemicals to pay $3M penalty

Stephanie Ostrowski Apr. 5, 2013, 1:02pm

WASHINGTON (Legal Newsline) - Alleged Clean Air Act violations against Honeywell Resins and Chemicals LLC at its Hopewell, Va. plant has resulted in their agreement to pay a $3 million civil penalty.

CDW to pay U.S. $5.66M for False Claims Act allegations

Stephanie Ostrowski Apr. 5, 2013, 1:00pm

WASHINGTON (Legal Newsline) - To resolve alleged False Claims Act violations, CDW-Government LLC (CDW-G) has agreed to pay $5.66 million for improperly charging government purchasers from 1999 to 2011.

Thousands of consumer complaints now online

Stephanie Ostrowski Apr. 5, 2013, 12:58pm

WASHINGTON (Legal Newsline) - There are now 90,000 searchable complaints on mortgages, bank accounts, student loans and credit cards in the newly released largest public database of federal consumer financial complaints.

W.Va. DOT to pay $30K to settle EPA allegations

Stephanie Ostrowski Apr. 4, 2013, 6:37pm

PHILADELPHIA (Legal Newsline) - A $30,000 penalty will be paid by the West Virginia Department of Transportation to settle alleged violations of underground storage tank regulations at 10 facilities operated by the department's Division of Highways.

SEC charges Calif. lawyer with fraud

Stephanie Ostrowski Mar. 29, 2013, 2:15pm

WASHINGTON (Legal Newsline) - A California-based lawyer has been charged by the Securities and Exchange Commission for fraudulently giving out baseless legal opinion from letters posted on his website regarding penny stocks.

SEC: Illinois' pension disclosures were misleading

Stephanie Ostrowski Mar. 26, 2013, 12:23pm

WASHINGTON (Legal Newsline) - The State of Illinois is charged with securities fraud for misleading municipal bond investors about the state's plan to fund its pension obligations.

Corning to pay $5.65M for false claims

Stephanie Ostrowski Mar. 25, 2013, 2:43pm

WASHINGTON (Legal Newsline) - Corning has agreed to pay the U.S. $5.65 million to resolve claims for knowingly presenting incorrect information for laboratory research products sold to federal agencies.

Nursing home to pay $2.7M for False Claims Act violations

Stephanie Ostrowski Mar. 25, 2013, 2:29pm

CHATTANOOGA, Tenn. (Legal Newsline) - A nursing home manager and its affiliate have agreed to pay $2.7 million with interest to resolve allegations for violating the False Claims Act by knowingly submitting or causing submission to the Medical and TennCare/Medicaid programs.

SEC settles with Chinese chemical company

Stephanie Ostrowski Mar. 11, 2013, 3:50pm

WASHINGTON (Legal Newsline) - The former chief financial officer of a China-based petrochemical company has agreed to settle accounting and disclosure violations by paying more than $1 million combined.

EPA says two companies violated pesticide laws

Stephanie Ostrowski Mar. 8, 2013, 4:46pm

SEATTLE (Legal Newsline) - Federal pesticide laws were violated by two companies, according to a separate settlements announced by the U.S. Environmental Protection Agency.