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Facebook CEO Mark Zuckerberg testified during FTC antitrust inquiry Ā
Facebook (NASDAQ: FB) CEO Mark Zuckerberg testified during a hearing conducted by the Federal Trade Commission (FTC) as part of its investigation into whether the social network giant violated antitrust…
By Marivic Cabural SummersLatest news
Kevin Clinesmith pleads guilty to altering email in Russia probe
On Wednesday ex-FBI attorney Kevin Clinesmith pleaded guilty to one count of falsifying a government document. Clinesmith was…
By Jackie AllenTD Bank to pay $122M to settle CFPB complaint over its alleged illegal overdraft practices
TD Bank agreed to pay a total of $122 million to settle a complaint by the Consumer Financial…
By Marivic Cabural SummersScotiabank to pay $127.4M to settle charges related āmassiveā spoofing scheme
The Bank of Nova Scotia (operating as Scotiabank) agreed to pay a total of $127.4 million to settle…
By Marivic Cabural SummersCitigroup 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…
By Jackie AllenDragoneer Growth Opportunities raised $600M in IPO
Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 millionĀ in its IPO,Ā 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 CEOĀ Mark Frissora for allegedly aiding and abetting…
By Marivic Cabural Summers