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U.S. Transportation Department Orders Audit of Boeing 737-Max 8 Certification
The U.S. Department of Transportation directed its Inspector General to perform an audit of Boeing 737 Max 8 certification from the Federal Aviation Administration’s (FAA). On Tuesday, Transportation Secretary Elaine…
By Catherine DavisLatest news
SEC Charges Volkswagen and former CEO Winterkorn of Massive Fraud
The Securities and Exchange Commission (SEC) filed charges against Volkswagen and its former CEO Martin Winterkorn in connection…
By Catherine DavisLumber Liquidators Agrees to Pay $33M to Settle Securities Fraud Charges
Lumber Liquidators (NYSE:LL) agreed to pay $33 million in penalty to settle the securities fraud charges filed against…
By Catherine DavisFAA Orders Temporary Grounding of Boeing 737 Max Airplanes
The Federal Aviation Administration (FAA) ordered the temporary grounding of all Boeing 737 Max airplanes in the United…
By Marivic Cabural SummersNew York Attorney General Opens Probe into Trump Organization Projects
The New York Attorney General office launched an investigation into Trump Organization’s projects and a 2014 unsuccessful bid…
By Marivic Cabural SummersCovidien to Pay $20M to Settle Charges for Allegedly Violating False Claims Act
Covidien, a medical supply distributor, agreed to pay $20 million to settle charges alleging that it violated the…
By Catherine DavisSweepstakes Scam Operators Settles FTC Charges, Forfeit $30 Million
The Federal Trade Commission (FTC) announced that the operators of a sweepstakes scam agreed to settle the…
By Catherine DavisU.S. Charges Leaders of Multi-Billion Dollar Cryptocurrency Pyramid Scheme
U.S. authorities filed charges against the leaders of an international and multi-billion dollar pyramid scheme involving the marketing…
By Marivic Cabural SummersNew York State Regulator Investigating Trump Organization’s Insurance Broker
New York State regulators are investigating a long-time insurance broker for the Trump Organization, according to the New…
By Marivic Cabural SummersBB&T Securities Settles SEC Charges for Allegedly Misleading Investors
BB&T Securities agreed to return over $5.7 million to retail investors and pay a penalty of $500,000 to…
By Catherine DavisPurdue Pharma Considering Bankruptcy amid Multiple Lawsuits Related to Opioids
Purdue Pharma is considering filing for bankruptcy protection as it faces multitudes of lawsuits alleging that it contributed…
By Catherine Davis
