Top News

ZTE allegedly violates International Emergency Economic Powers Act, will pay $430 million

Mark Iandolo Mar. 15, 2017, 10:05am

WASHINGTON (Legal Newsline) — The U.S. Department of Justice announced March 7 that ZTE Corporation has agreed to pay a $430,388,798 penalty to the United States for allegedly conspiring to violate the International Emergency Economic Powers Act (IEEPA) and send U.S.-origin items to Iran.

Auto parts manufacturer Kiekert to pay $6.1 million after conspiracy allegations

Mark Iandolo Mar. 13, 2017, 12:09pm

WASHINGTON (Legal Newsline) — The U.S. Department of Justice announced March 7 that Kiekert AG, an automotive parts manufacturer with headquarters in Heiligenhaus, Germany, will pay $6.1 million for allegedly conspiring to rig bids of side-door latches and latch mini-modules installed in cars sold in the United States.

Takata to pay $1 billion after allegations of selling defective airbags

Mark Iandolo Mar. 7, 2017, 1:50pm

WASHINGTON (Legal Newsline) — The U.S. Department of Justice announced Feb. 27 that Takata Corporation, a leading supplier of automotive safety equipment based in Tokyo, will pay $1 billion for allegations of selling defective airbags.

Wood Group to pay $9.5 million for alleged negligence at offshore sites in Gulf of Mexico

Mark Iandolo Mar. 7, 2017, 8:29am

WASHINGTON (Legal Newsline) — The U.S. Department of Justice announced Feb. 23 that Wood Group PSN Inc., a Nevada corporation based in Houston, will pay $9.5 million in two separate cases involving allegations related to conduct in the Gulf of Mexico.

Cili Minerals enjoined from distributing allegedly misbranded products

Mark Iandolo Feb. 28, 2017, 8:59am

LAFEYETTE, La. (Legal Newsline) — The U.S. Department of Justice announced Feb. 16 that Pick and Pay Inc./Cili Minerals LLC (Cili Minerals) and its owner and CEO, Anton S. Botha, have been permanently enjoined from distributing allegedly misbranded and unapproved drugs.

Appeals piling up against DOL over its fiduciary rule

Jessica Karmasek Feb. 27, 2017, 2:50pm

A group of associations have filed an appeal in the U.S. Court of Appeals for the Fifth Circuit and a Kansas-based company has filed an appeal in the U.S. Court of Appeals for the Tenth Circuit over the controversial new rule. The rule mandates financial professionals who service individual retirement accounts, including IRAs and 401(k) plans, to serve the “best interest” of the savers and disclose conflicts of interest.

IPC Healthcare's successor to pay $60 million for allegedly violating False Claims Act

Mark Iandolo Feb. 21, 2017, 8:02am

CHICAGO (Legal Newsline) — The U.S. Department of Justice announced Feb. 6 that TeamHealth Holdings, a successor in interest to IPC Healthcare Inc., will pay $60 million to resolve allegations of violating the False Claims Act.

Abbott's attempt to exit Alere merger could set precedent

Tabitha Fleming Feb. 16, 2017, 9:28am

WILMINGTON, Del. (Legal Newsline) – Pending litigation in Delaware between Abbott Laboratories and Alere may set new precedents in the state if the court agrees to let Abbott back out of the proposed merger.

City of Philadelphia resolves DOJ allegations of discriminating against disabled employee

Mark Iandolo Feb. 15, 2017, 9:17am

PHILADELPHIA (Legal Newsline) —  The city of Philadelphia agreed Feb. 6 to resolve allegations it discriminated against an employee with a disability, the U.S. Department of Justice said.  

Texas federal judge upholds DOL’s fiduciary rule, denies motion to stay case

Jessica Karmasek Feb. 10, 2017, 4:17pm

Judge Barbara M.G. Lynn, in a detailed 81-page order released Wednesday, shot down each of the plaintiffs’ major arguments, most notably deciding that the rule does not exceed the U.S. Department of Labor’s authority.

U.S. announces $6.96 million penalty for Las Vegas Sands after alleged FCPA violations

Mark Iandolo Feb. 9, 2017, 1:09pm

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.

Syfrett Feed didn't properly label medicated animal feed, claim says

Mark Iandolo Feb. 7, 2017, 8:50am

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).

Trump order seeks review of DOL’s fiduciary rule

Jessica Karmasek Feb. 3, 2017, 3:41pm

The president’s order, signed Friday, instructs the U.S. Department of Labor to conduct a new study to determine whether the rule is likely to harm investors and the financial industry, and if it does, the rule can be rescinded or revised.

Attorneys: ‘By-the-book,’ ‘apolitical’ Rosenstein is ‘beyond qualified’ for deputy AG role

Jessica Karmasek Feb. 2, 2017, 10:14am

According to reports, President Donald Trump plans to nominate Rosenstein, the longtime U.S. attorney in Maryland, for the No. 2 job at the U.S. Department of Justice.

Deutsche Bank to pay $7.2 billion for alleged role in financial crisis

Mark Iandolo Feb. 1, 2017, 9:21am

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.

Justice Department targets Ahmet Okumus for alleged HSR Act violations

Mark Iandolo Feb. 1, 2017, 9:21am

WASHINGTON (Legal Newsline) — The Department of Justice announced a civil antitrust lawsuit Jan. 17, filed at the request of the Federal Trade Commission (FTC), against Ahmet Okumus.

Medstar allegedly violated False Claims Act, to pay $12.7 million penalty

Mark Iandolo Feb. 1, 2017, 9:20am

BOSTON (Legal Newsline) — The Department of Justice announced Jan. 13 that Medstar Ambulance will pay $12.7 million after allegations of knowingly submitting false claims to Medicare.

Volkswagen agrees to $4.3 billion in penalties

Mark Iandolo Jan. 31, 2017, 9:18am

WASHINGTON (Legal Newsline) — The Department of Justice announced Jan. 11 that Volkswagen has agreed to $4.3 billion in penalties after allegations the company sold 590,000 diesel vehicles in the U.S. by using defeat devices to circumvent emissions tests.

McKesson distribution practices suspended in multiple states after alleged violations of CSA

Mark Iandolo Jan. 31, 2017, 9:18am

WASHINGTON (Legal Newsline) — The Department of Justice announced Jan. 17 that McKesson Corporation (McKesson), a pharmaceutical drug distributor in the United States, will pay $150 million in civil penalties after allegedly violating the Controlled Substances Act (CSA).

Teva will pay $519 million in DOJ settlement over FCPA allegations

Tabitha Fleming Jan. 30, 2017, 4:05pm

Teva Pharmaceuticals has agreed to pay the largest-ever Foreign Corrupt Practices Act related settlement for a pharmaceutical company in U.S. Department of Justice history.