WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Jan. 19 that the Western Union Company (Western Union), a global money services business headquartered in Colorado, will forfeit $586 million after allegations of allowing consumer fraud and money laundering.
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.
SAN FRANCISCO (Legal Newsline) – The Federal Trade Commission’s two-year probe of Qualcomm has led to the government filing suit against the California-based company, accusing executives of employing “onerous” tactics allowing it to “maintain a monopoly on baseband processors.”
OAKLAND, Calif. (Legal Newsline) – Critics continue to argue that actions like those that recently forced classified-ad website Backpage.com to shutter its “adult” section are unconstitutional and in violation of freedom of speech rights.
WASHINGTON (Legal Newsline) —The Consumer Financial Protection Bureau (CFPB) announced Jan. 23 that it took separate actions against CitiFinancial Servicing and CitiMortgage Inc. for business practices involving struggling homeowners seeking options to save their homes.
HONOLULU (Legal Newsline) — The U.S. Environmental Protection Agency (EPA) announced Jan. 19 that Matson Terminals Inc. has agreed to pay $725,000 in civil penalties after allegations of Clean Water Act violations related to a September 2013 molasses spill into Honolulu Harbor.
WASHINGTON (Legal Newsline) —District of Columbia Attorney General Karl A. Racine announced Jan. 18 that the district will settle a class action lawsuit filed by Boies, Schiller & Flexner on behalf of property owners who lost homes and home equity because of the district’s tax-sale foreclosure system.
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Jan. 17 that it has filed a complaint in federal court against Qualcomm Inc. for allegedly using anti-competitive tactics to keep its monopoly related to key semiconductor devices.
FRESNO, Calif. (Legal Newsline) — The U.S. Equal Employment Opportunity Commission (EEOC) announced a lawsuit Jan. 12 against Marquez Brothers International Inc. for allegations of failing to hire non-Hispanic applicants for entry-level positions due to their race.
JACKSON, Miss. (Legal Newsline) – Mississippi’s Bill 555 passed in the Republican-led state House, requiring the attorney general, the only statewide elected Democrat, to seek approval from a commission before pursuing litigation that may recover at least $250,000 in awards.