The Renault-Nissan alliance is replacing its top executive in charge of combining the carmakers' engines and gearboxes, sources told Reuters, as tightening emissions regulations expose the slow pace of integration so far, collision increased scrutiny of the boat-buses, which have been involved in several deadly crashes
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State Farm defrauded a federal flood insurance program, Citigroup improperly took some $800 million in state net operating loss deductions, years long corporate scheme to bilk Medicare and Medicaid, Three of the world's biggest drug companies, along with two smaller companies, agreed to pay a collective $63 million this year
SEC enforcement actions from whistleblower tips have resulted in more than $874 million in financial remedies, bribery scheme that cost the company $600 million in losses, misled shareholders during a 12 billion pound fundraising at the height of the financial crisis, widening political scandal falls on Korea Inc
Dozens of Volkswagen AG officials in Germany have hired U.S. criminal defense lawyers as the Justice Department ramps up meetings with managers to gather evidence that may lead to charges against executives, people familiar with the matter said.
Petrobras penalty payments to U.S. and Brazil, At the center of fraud at state investment fund, investigation for money laundering, corruption and other possible offenses, Pimco overstated the ETF's value and provided "misleading" reasons
Fiat Chrysler Automobiles N.V. and German engineering firm Bosch were hit Thursday with a new class action alleging that thousands of Dodge and Jeep diesel vehicles advertised as eco-friendly use the same kind of "defeat devices" that Volkswagen A.G. used to cheat U.S. emissions tests.
Texas-based home mortgage entities and their chief executive to pay nearly $93 million, "I gotta tell you I'm proud of it now. I'm proud to be a whistleblower", commodity pool fraud that victimized 30 investors. MTS Systems Corp. said it is investigating possible corporate violations by its leadership, was supposed to be a pioneering anticorruption bill
The automobile industry is staggering in a year of record recalls across 14 car manufacturers. Worldwide, more than 100 million vehicles have been impacted
Auto safety and consumer advocacy groups have sued the National Highway Traffic Safety Administration in a bid to force the agency to decide whether to require automatic braking systems on all new light vehicles. The suit highlights growing frustration within the safety and consumer protection lobby over NHTSA chief Mark Rosekind's pursuit of voluntary safety agreements...
there might be several hundred plaintiffs who could be represented in a potential class-action suit against Theranos, JPMorgan is no stranger to paying fines and penalties for irregular activity, corruption and influence-peddling scandal, denied allegations it has been helped by the scandal-ridden confidant of President Park Geun-hye
The new light on investors came as Hagens Berman announced it filed a class action lawsuit on behalf of Theranos investors, The program has been popular the SEC has received an increasing number of tips receive every year, Libor helps set interest rates worldwide, affecting the price of more than $300 trillion in mortgages, loans, and derivatives
problem in the fuel system may prevent the fuel gauge from accurately estimating the amount of fuel remaining, negotiations are continuing between the German automaker, regulators and lawyers representing owners
Bentley's ultra-posh Bentayga SUV has loose parts, Recalled vehicles - from the tiniest subcompacts to heavy-duty trucks - are often going unrepaired, leading to deadly consequences
funneled more than $3 billion of employee retirement savings into expensive, underperforming funds, $125 million to resolve allegations under the False Claims Act, $3 million from a government health program for thousands of trips that never occurred
The U.S. government should go after payouts to former Wells Fargo & Co executives involved in a scandal over unauthorized accounts now that a federal regulator has said it has the power to do so, lawmakers said on Monday. The San Francisco-based bank reached a $190 million settlement with federal regulators after admitting employees opened as many...
a defect can cause the sliding doors to open while the vehicle is in motion, has called on U.S. regulators to change federal auto safety standards that effectively prohibit the operation of a car without the presence of a driver. possibility of an engine compartment fire
The Ram owners—represented by the law firm of Hagens Berman, The new software was supposed to make the cars and SUVs automatically shift into park when the driver's door is opened while the engine is running, Security experts believe yet another open-source software security catastrophe is on the horizon -- but this time, your car is the target.
JP Morgan to settle bribery probe, consultancy firm Louis Berger made "dubious payments", Barclays is attempting to prevent evidence from a former executive being heard, Under America's whistleblower scheme, individuals can be paid up to 30 per cent of the fines levied on companies by the US SEC
Admits to Contributing to Extreme Order Book Imbalance and Creating Artificial Prices, company faces both civil and criminal investigations, J.P. Morgan Hiring 'Princelings', sought to hire well-connected offspring to win business, Rio Tinto Group executive asked how big a bribe it would take to beat out a competitor
Premium, luxury, and ultra-luxury manufacturers are no strangers to safety recalls.
