Michael P. Tremoglie News
N.C. AT&T workers petition Supreme Court
Mix WASHINGTON (Legal Newsline) - A group of AT&T employees from North Carolina on Thursday asked the Supreme Court to review an identity theft case involving federal preemption.
Teamsters union accused of discrimination
Mix CHICAGO (Legal Newsline) - A nonunion Chicago-area construction worker has filed a federal charge against the International Brotherhood of Teamsters and two of its local affiliate unions for allegedly discriminating against him because he is nonunion.
Chicago consulting firm paying $1.3M to settle federal charges
WASHINGTON (Legal Newsline) - A Chicago-based consulting firm and two of its former executives will pay $1.3 million to resolve accounting violations charges brought by the Securities and Exchange Commission.
GAO: Green groups get millions of taxpayers dollars from 'citizen lawsuits'
Inhofe WASHINGTON (Legal Newsline) - "Big Green" groups and their "Big Green" lawyers have raked in millions by virtue of the citizen suit provisions of the Clean Air and Clean Water Acts - but that wasn't the original intent of the laws.
SEC charges CEO with insider trading
WASHINGTON (Legal Newsline) - The Securities and Exchange Commission on Thursday charged the chairman and CEO of a Santa Ana, Calif.-based computer storage device company with insider trading.
Ten states will intervene in lawsuit against EPA
McDaniel LITTLE ROCK, Ark. (Legal Newsline) - A federal judge has granted the motions to intervene filed by Attorneys General from 10 states in a lawsuit against the Environmental Protection Agency.
Retirement funds ordered restored
COLUMBUS, Ohio (Legal Newsline) - A federal judge ordered on Wednesday the president of a graphics company and the president of the pension administrator to restore funds to the company's two employee retirement plans.
Option traders pay $14.5M to settle SEC's allegations
NEW YORK (Legal Newsline) - The Securities and Exchange Commission announced Tuesday that two options traders previously accused of short selling violations have agreed to pay more than $14.5 million to settle the case against them.
DOJ: Nonprofit director accepted home renovations as bribes
NEW YORK (Legal Newsline) - The Department of Justice has indicted the program director of a New York nonprofit on bribery charges.
SEC settles charges against Mizuho
WASHINGTON (Legal Newsline) - The Securities and Exchange Commission on Wednesday settled charges against a U.S. subsidiary of Japan-based Mizuho Financial Group and three former employees.
CFPB announces first enforcement action
Cordray WASHINGTON (Legal Newsline) - The Consumer Financial Protection Bureau announced its first enforcement action - on its first birthday - by ordering Capital One Bank to refund approximately $140 million to two million customers and pay a $25 million fine.
Family accused of selling shares of Ohio gold mine
PORTLAND, Ore. (Legal Newsline) - The Securities and Exchange Commission has charged a father, son and daughter with running an investment scam.
Okla. company resolves Chinese bribery allegations
WASHINGTON (Legal Newsline) - The NORDAM Group Inc., a provider of aircraft maintenance, repair and overhaul services based in Tulsa, Okla., will pay a $2 million fine for violating the Foreign Corrupt Practices Act, the Department of Justice announced Tuesday.
Commodities trader ordered to pay more than $41M
LOS ANGELES (Legal Newsline) - A California federal court has entered a $41 million judgment and permanent injunction against Gordon Driver, Axcess Automation and Axcess Fund Management in a case brought by the U.S. Commodity Futures Trading Commission.
Former Schwab fund manager settles with SEC
NEW YORK (Legal Newsline) - The Securities and Exchange Commission announced Monday that Kimon Daifotis agreed to settle a case filed against him in 2011.
Albany newspaper repays those laid off
ALBANY, N.Y. (Legal Newsline) - The Times Union newspaper of Albany has offered to reinstate three employees and pay more than $800,000 in past wages and interest to 11 employees who were laid off.
Trustees consent to correcting loans
CHICAGO (Legal Newsline) - A federal judge has signed a consent order between the United Employee Benefit Fund and the Secretary of Labor amending the UEBF's governing documents.
Attorney convicted in $66M mortgage fraud scheme
NEW YORK (Legal Newsline) - Attorney Michael Raphan has been found guilty of conspiring to commit bank fraud and wire fraud in connection with a $66 million mortgage fraud scheme.
Foreign Corrupt Practices Act is 'sword of Damocles,' critic says
Frezza WASHINGTON (Legal Newsline) - Violations of the Foreign Corrupt Practices Act have been expanded to include not only what actual bribes are known to be paid but what bribes a business owner or executive "should have known" were being made.
NLRB sides with union in dues-revocation case
Raudabaugh WASHINGTON (Legal Newsline) - The National Labor Relations Board has affirmed the reversal by an administrative law judge of an NLRB regional director in a dues revocation case.