GM to recall 5.9 million vehicles due to air-bag safety concerns
In an unforeseen $1 billion expense, General Motors (GM) announced plans to recall 5.9 million SUVs and pickup-trucks to replace potentially faulty Tataka air-bag...
Regeneron obtains FDA emergency use authorization for its COVID-19 antibody treatment
The U.S. Food and Drug Administration (FDA) granted Regeneron Pharmaceuticals (NASDAQ; REGN) an emergency use authorization (EUA) for its COVID-19 antibody treatment, a cocktail...
HMS Health and Wellness Center owner sentenced to five years in prison for Medicare...
Yolanda Hamilton, the physician-owner and operator of HMS Health and Wellness Center, PLLC in Texas, has been sentenced to five years in prison for...
FTC sues mobile banking app operator Beam Financial for misleading customers
The Federal Trade Commission (FTC) filed a civil complaint against Beam Financial and its CEO Yinan Du for allegedly engaging in deceptive or unfair...
FDA approves emergency use of Lucira COVID-19 All-In-One Test Kit that can be administered...
The U.S Food and Drug Administration (FDA) issued an emergency use authorization (EUA) for Lucira COVID-19 All-In-One Test Kit, which can be administered at...
SEC orders these advisory firms, broker-dealers to return over $3 million to harmed investors
The Securities and Exchange Commission (SEC) ordered three investment advisory firms and two broker-dealers (also registered as advisory firms) to return a total of...
SEC Enforcement Division collected $1.26B penalties from unregistered ICOs in 2020
The U.S. Securities and Exchange Commission (SEC) recorded an unprecedented achievement this 2020 after its Enforcement Division seized around $4.68 billion in penalties and...
DOJ seizes $1 billion tied to Silk Road in largest crypto seizure ever
The United States Department of Justice (DOJ) seized $1 billion in bitcoin tied to an early darknet player, Silk Road. The court document does...
DOJ will allow body-worn cameras for federal task force agents
The U.S. Department of Justice (DOJ) will allow the use of body-worn cameras by federal task force agents at the state, local, territorial and...
Ex Uber exec Fraser Robinson sued for allegedly stealing trade secrets to form a...
Vanguard Logistics Services sued former Uber executive Fraser Robinson for allegedly stealing trade secrets and launching a logistics start-up named Beacon, which raised money from...
Must Read
Alstom Sells North American Signal Business
In a strategic move designed to reinforce its leadership in the rail industry, French train manufacturer Alstom announced on Friday its decision to sell...
