Mark Iandolo News
Labor Department targets Sentry Equipment Erectors owner for alleged ERISA violations
LYNCHBURG, Va. (Legal Newsline) — The U.S. Department of Labor recently filed a lawsuit against the fiduciaries of a Virginia-based employee stock ownership plan for allegations of failing to protect the assets of the plan.
FMC Technologies to pay $2.5 million after allegations it overstated profits
WASHINGTON (Legal Newsline) — FMC Technologies will pay $2.5 million after allegations it overstated profits in one of its business segments, the Securities and Exchange Commission (SEC) has announced.
Justice Department intervenes in private discrimination lawsuit against Maryland
WASHINGTON (Legal Newsline) — The U.S. Department of Justice recently announced it would intervene in a private lawsuit alleging race discrimination and retaliation under Title VII of the 1964 Civil Rights Act by Pocomoke City, Maryland, the Worcester County sheriff and the state of Maryland.
Ernst & Young to pay more than $11.8 million for allegedly failing to detect accounting fraud
WASHINGTON (Legal Newsline) — Ernst & Young LLP has agreed to pay more than $11.8 million after allegations related to audits of an oil services company that allegedly used deceptive income tax accounting to inflate earnings, the Securities and Exchange Commission (SEC) has announced.
SEC announces changes to modernize reporting for exchange-traded funds
WASHINGTON (Legal Newsline) — The Securities and Exchange Commission (SEC) announced this week it will adopt changes to modernize and enhance the reporting and disclosure of information by registered investment companies and to enhance liquidity risk management by open-end funds.
Forcerank to pay $50,000 after allegations related to fantasy stock trading games
WASHINGTON (Legal Newsline) — The Securities and Exchange Commission (SEC) announced this week that New York-based Forcerank LLC will pay $50,000 after allegations it offered illegal complex derivative products to retail investors through mobile phone games described as “fantasy sports for stocks.”
FTC announces settlement with 29 defendants in alleged skincare deception scheme
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced this week a group of 29 defendants has been banned from deceptive marketing and billing tactics after the defendants allegedly used these tactics to promote skincare products.
New Jersey attorney general targets contractor that allegedly defrauded Sandy victims
NEWARK, N.J. (Legal Newsline) — New Jersey Attorney General Christopher S. Porrino and the Division of Consumer Affairs announced charges this week against Richard R. Woodard of Clearwater, Fla., and his company, Willwood Builders Corporation (Willwood Builders).
Massachusetts attorney general releases report highlighting health care spending disparities
BOSTON (Legal Newsline) — Massachusetts Attorney General Maura Healey announced this week a report examining how health care spending is distributed in the commercial insurance market in Massachusetts shows that after controlling for health status, more money is spent on patients in higher income communities.
13 states back flower shop owner who allegedly declined service to same-sex couple
MONTGOMERY, Ala. (Legal Newsline) – Alabama Attorney General Luther Strange has announced Alabama has joined a 13-state coalition to support the religious liberty of a flower shop owner in Washington state being sued for declining service for a same-sex wedding ceremony.
EEOC announces court win in Orion Energy Systems wellness program case
MILWAUKEE (Legal Newsline) – The U.S. Equal Employment Opportunity Commission (EEOC) has announced that a federal court has ruled in its favor for a disability discrimination case involving wellness programs filed against Orion Energy Systems.
Owner/operator, management of a Texas Roadhouse in Ohio to pay $1.4M to settle sexual harassment allegations
CLEVELAND (Legal Newsline) – The U.S. Equal Employment Opportunity Commission (EEOC) announced in September that the owner/operator and management company for a Columbus, Ohio, Texas Roadhouse will pay $1.4 million to settle a suit over allegations of sexual harassment against a class of female employees.
National Grid to credit 4,500 Mass. customers after allegedly overcharging them
BOSTON (Legal Newsline) – Massachusetts Attorney General Maura Healey announced Oct. 12 that National Grid will pay more than $1.5 million back to thousands of consumers who were allegedly charged the wrong price for residential gas services.
Navy Federal Credit Union to pay millions over allegations it made false threats to members
WASHINGTON (Legal Newsline) – The Consumer Financial Protection Bureau (CFPB) announced this week that it took action against Navy Federal Credit Union after allegations the organization used false threats about debt collection.
Nevada, AIG subsidiary reach agreement after insurance dispute
CARSON CITY, Nev. (Legal Newsline) — Nevada Attorney General Adam Paul Laxalt announced this week that his office has settled with the Insurance Company of the State of Pennsylvania (ICSOP), a subsidiary of AIG.
Trade commission alleges Global Access Technical Support violated law
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced charges this week against a group of defendants that commonly operated under the name Global Access Technical Support.
Serial ADA lawsuit-filer's cases consolidated
PHOENIX (Legal Newsline) — Arizona Attorney General Mark Brnovich has announced that a judge has granted his request to consolidate 1,106 open lawsuits filed by a serial litigator targeting Arizona businesses.
Allegations of improper fees at housing around Penn State settled
HARRISBURG, Pa. (Legal Newsline) — Hendricks Investments and its owner Rodney Hendricks have settled allegations of charging improper administrative fees and fines to tenants, many of whom were students at Penn State University, Pennsylvania Attorney General Bruce R. Beemer has announced.
FCC announces $450,000 settlement with AT&T in fixed wireless stations case
WASHINGTON (Legal Newsline) — The Federal Communication Commission (FCC) has announced its Enforcement Bureau has settled for $450,000 with AT&T, resolving allegations that AT&T operated fixed wireless stations without authorization or without filing required license modification notices.
Anheuser-Busch to pay $6 million after allegations of FCPA violations
WASHINGTON (Legal Newsline) — The Securities and Exchange Commission (SEC) has announced Anheuser-Busch InBev will pay $6 million after allegations it violated the Foreign Corrupt Practices Act (FCPA) and threatened a whistleblower who reported the misconduct.