- Home
- Regulatory Actions
Citigroup sues for breach of contract over $900 million loan error
Citigroup scored a victory in the form of a temporary court order freezing $175 million that Brigade Capital Management failed to return to the bank. The money is part of more…
By – Jackie AllenLatest news
Dragoneer Growth Opportunities raised $600M in IPO
Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 million in its IPO, offering 60 million units at $10. Each…
By Jackie AllenTeva allegedly used charitable foundations to funnel illegal kickbacks to Medicare patients
Teva Pharmaceuticals (NYSE: TEVA) is facing another legal challenge, less than a year after reaching a global settlement…
By Marivic Cabural SummersWhiting petroleum brings in new leadership as part of Ch 11 reorganization
Whiting Petroleum (NYSE: WLL) will have a new CEO and a new board when it emerges from Chapter…
By Jackie AllenAllianceIT settles DOJ complaint that it discriminated against U.S. workers
AllianceIT, a staffing services company based in Pleasanton, California, reached an agreement with the Department of Justice (DOJ)…
By Marivic Cabural SummersCenturylink faces enforcement action for violating anti-competitive deal with DOJ
The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms…
By Marivic Cabural SummersFormer Hertz CEO Mark Frissora charged with aiding and abetting disclosure failures
The Securities and Exchange Commission charged former Hertz Chairman and CEO Mark Frissora for allegedly aiding and abetting…
By Marivic Cabural SummersFTC adds charges against Trafffic Jam Events over deceptive COVID-19 stimulus and “prize” mailers
The Federal Trade Commission (FTC) is pursuing a broader administrative complaint against a marketing company and its owner…
By Marivic Cabural SummersApple loses $506M patent trial over its use of 4G LTE tech
An eight-person Eastern District of Texas federal jury decided that Apple should pay PanOptis Patent Management LLC more than…
By Jackie AllenDOJ finds Yale discriminating against Asians, Whites in undergraduate admissions
The U.S. Department of Justice (DOJ) found that Yale University has been discriminating against Asian and White American…
By Marivic Cabural SummersSEC charges Boon.Tech, CEO Rajesh Pavithran over fraudulent ICO
The Securities and Exchange Commission (SEC) accused Kelvin Boon LLC doing business as Boon.Tech and its CEO Rajesh…
By Marivic Cabural Summers