Top News

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to determine whether the rule is likely to harm investors and the financial industry, and if it does, the rule can be rescinded or revised.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.

House Republicans target 'slush funds' created by DOJ for 'liberal friends'

Jessica Karmasek Jan. 27, 2017, 9:56am

The House Judiciary Chairman submitted the Stop Settlements Slush Funds Act of 2017, or H.R. 522, last week. An identical bill passed the House in the last Congress by a vote of 241-174, but failed to move.

Washington business to pay $5.275 million after alleged employee payment issues

Mark Iandolo Jan. 27, 2017, 9:55am

SPOKANE, Wash. (Legal Newsline) — The Department of Justice announced Jan. 23 that Washington River Protection Solutions LLC (WRPS) will pay $5.275 million after allegations of submitting false claims to the Department of Energy (DOE) about overtime and premium pay on a contract assignment.

Costco to pay $11.75 million to resolve allegations of violating Controlled Substance Act

Mark Iandolo Jan. 27, 2017, 9:54am

WASHINGTON (Legal Newsline) — The Department of Justice announced Jan. 19 that Costco Wholesale will pay $11.75 million after allegations its pharmacies violated the Controlled Substance Act.

U.S. settles with Meadowvale Dairy after allegations of Clean Water Act violations

Mark Iandolo Jan. 27, 2017, 9:54am

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.

Shire Pharmaceuticals to pay $350 million penalty, resolving kickback allegations

Mark Iandolo Jan. 26, 2017, 9:06am

WASHINGTON (Legal Newsline) — The Department of Justice announced Jan. 11 that Shire Pharmaceuticals will pay $350 million after allegedly committing federal and state False Claims Act violations by employing kickbacks to induce physicians to use their product.

U.S. settles with Pepco, resolving alleged violations of Clean Water Act permit

Mark Iandolo Jan. 25, 2017, 8:53am

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.

California gets $150 million of Moody's $863 million settlement related to alleged misconduct

Mark Iandolo Jan. 24, 2017, 12:14pm

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.