News from October 2012
SEC files charges in '.44 Magnum' financial plan
WASHINGTON (Legal Newsline) - An money manager and two of his chief marketers were charged Thursday by the Securities and Exchange Commission with defrauding investors with a fake company simulating one of Germany's former largest banks.
Hong Kong firm agrees to settle with SEC
WASHINGTON (Legal Newsline) - A Hong Kong-based firm charged with insider trading in July has agreed to settle with $14 million, double the amount of its alleged illegal profits, the Securities and Exchange Commission announced Thursday.
NLRB touts FY2012 accomplishments
WASHINGTON (Legal Newsline) - The National Labor Relations Board cut the median age of pending cases in half after making 341 decisions for cases from fiscal year 2012 (Oct. 1, 2011 through Sept. 30, 2012).
Schneiderman settles with Walgreens over flu shots
Schneiderman
EPA, Atlas Resources agree on $84K settlement
PHILADELPHIA (Legal Newsline) - The U.S. Environmental Protection Agency announced Thursday that Atlas Resources LLC will pay an $84,506 penalty to settle alleged air and hazardous chemical violations at its natural gas production facility in Avella, Washington County, Pa.
RxAmerica, feds reach $5.25M settlement
WASHINGTON (Legal Newsline) - RxAmerica LLC has agreed to a civil settlement and will pay the government $5.25 million in one of the first False Claims Act actions over Medicare's Prescription Drug Program known as Part D, the Justice Department announced Monday.