LAS VEGAS (Legal Newsline) — The U.S. Department of Justice announced Jan. 19 that Las Vegas Sands Corp. (Sands), a Nevada-based gaming and resort company, will pay $6.96 million after allegations of violating the Foreign Corrupt Practices Act (FCPA) in connection with business transactions in the People’s Republic of China (PRC) and Macao.
MIAMI (Legal Newsline) — A complaint has been filed against Syfrett Feed Company Inc. (Syfrett Feed) of Okeechobee, Florida; Charles B. Syfrett I, owner and president; Melissa S. Montes De Oca, vice president; and Charles B. Syfrett II, operations manager, citing adulteration and misbranding of medicated animal feed, violating of the federal Food, Drug and Cosmetic Act (FDCA).
WASHINGTON (Legal Newsline) — The Department of Justice announced Jan. 17 that Deutsche Bank has agreed to a $7.2 billion settlement after allegations it misled investors in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2006 and 2007.
ROCK VALLEY, Iowa (Legal Newsline) — The Department of Justice and the U.S. Environmental Protection Agency (EPA) announced Jan. 19 that Meadowvale Dairy LLC will pay $160,000 and make changes to its business practices after allegations of violating the Clean Water Act at its animal feeding operations in Rock Valley, Iowa.
WASHINGTON (Legal Newsline) — The U.S. Department of Justice and the U.S. Environmental Protection Agency (EPA) announced a settlement Jan. 13 with the Potomac Electric Power Company (Pepco) that resolves alleged violations of Pepco’s Clean Water Act permit at its service center in the Anacostia section of Washington, D.C.
LOS ANGELES (Legal Newsline) — California’s acting attorney general, Kathleen A. Kenealy, along with the U.S. Department of Justice and the attorneys general from 20 other states and the District of Columbia, announced Jan. 13 that Moody’s Corporation (Moody’s) will pay $863.8 million after allegations related to the company’s misconduct in inflating ratings of residential mortgage-backed securities.