Porsche averages the fewest recalls and Volkswagen the most. Tesla is the most timely in issuing recalls and Mazda the slowest. These are among the findings of a new study by website iSeeCars.com, which looks at long-term auto company recall performance. The study used data from the National Highway Traffic Safety Administration from January 1985 through September...
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Citigroup Inc. said Monday that it is cooperating with an industrywide investigation, Ormat exploited the resources of the United States Government in order to finance one of the most expensive geothermal boondoggles in history, $663 million judgment against Trinity — the largest in the history of the False Claims Act
alleged that Goldman had taken advantage of the lack of sophistication at the fledgling Libyan fund, state-run company's crumbling finances are causing operational disruptions, SEC reviewing key whistleblower provisions, will provide more than $277 million to victims of Madoff's Ponzi scheme, 15-2/3 years in prison after he pleaded guilty to defrauding friends, family and a charity out of more than $38 million
BMW is recalling certain vehicles in the United States model year 2007-2011, said it is abandoning a high-profile effort to develop an aftermarket device to enable vehicles to drive themselves, petition argued that the affected vehicles are prone to transmission failure
Attorney Steve Berman said as with contracts for credit cards, cell phones and other consumer products, home improvement contractors are jumping on the binding arbitration bandwagon.
pledges to clean up the scandal-prone City of London, with bribery having turned into a "highly organised, almost professionalised, business, an anti-fraud measure whose extraordinary success is a timely reminder of what's possible, official corruption and loose living that is best described as "Lifestyles of the Venal and Disgraced."
to resolve an investigation by 33 U.S. states over the their 2012 mileage restatements, recall notices had been issued but repairs were never made, deadly defects and how sellers have few obligations to disclose those defects to the public, nearly 700,000 vehicles being recalled so far this month in the U.S., deadly GM ignition switch defect
Firms' compliance manuals and contracts will be scrutinized to ensure employee protection, accused the banks of conspiring with rivals to rig the Libor benchmark interest rate, alleged looting of Venezuela's state oil company in what may amount to one of the biggest asset seizures in U.S. history.
Volkswagen admitted last year that the cars were programmed to cheat on emissions tests, faulty air bag inflators made by Takata Corp including those used as replacement parts following a 2010 recall, 5,500 others in Spain in filing a class-action lawsuit against VW,
EpiPen won't answer this yes or no question, Robert Carey, attorney with Hagens Berman in Phoenix, AZ told the Northern California Record, legislation to ensure suppliers to the Union Army were not cheating the government, assist the IRS in identifying violations of tax law and collecting funds that might otherwise be lost to tax evasion
more than $83 million in profits as a result of bribe payments, Enron. Worldcom. The Madoff scandal. The mortgage meltdown. Now Wells Fargo, executive accused of participating in a fraudulent scheme involving a $3.5 billion currency transaction, A clever bank meets an unsophisticated customer with a huge pile of cash
record-setting settlement with regulators and owners of 475,000 polluting diesel vehicles, wire harness which attaches to the brake fluid reservoir sensor was not connected during the vehicle assembly process, new guidance for how automakers should approach cybersecurity amid growing scrutiny
criminal charges followed a civil lawsuit filed by SEC, a show of force on the part of the American legal system, Fight Between Goldman Sachs and Libyan Fund lawyer, a wild and bewildering ride, Employees are less likely to blow the whistle about corporate misconduct if they benefit from it, Financier Lynn Tilton is set to go on trial next week, submitting fraudulent Medicare and Medicaid claims
to compensate owners whose cars do not meet exhaust emission standards, sunroof could fly off in traffic and careen into other vehicles, potential of engine stalls or engine fires, faulty General Motors ignition switches
largest alleged fraud case in the state's history, The first federal whistleblower law was passed in 1778, dropping by almost 6% in one Asian trade, the Libyan Investment Authority is likely to appeal, Birkenfeld himself blew the whistle on his employer, the giant Swiss bank UBS, alleging they committed offences such as embezzlement and breach of trust
Fiat Chrysler Automobiles is recalling about 310,800 vehicles in two separate recalls involving Jeep Wrangler SUVs, Ram heavy duty pickup trucks and Dodge Charger sedans, the company said on Wednesday.
CFTC accuses Oystacher of manipulating the market on at least 51 trading days, Israeli-based Bank Leumi has agreed to pay $1.6 million and admit wrongdoing, "harassment" could be seen in court filings, program has "had a significant industry impact", "It is more than the budget of five Central American countries"
allegations it illegally conspired with other banks to fix silver prices, used deceptive income tax accounting to inflate earnings, Boston-based real estate entrepreneur was convicted on Monday, NY state investigation into whether the oil giant covered up its knowledge about climate change, market price of Bystolic is high because of the patent coverage - but the patent is (allegedly) invalid
The Supreme Court recently heard argument in Salman v. United States (No. 15-628), a case that may bring some clarity to one highly contested area of insider trading law. Whistleblowers looking to report information on insider trading to the SEC will benefit from a basic understanding of insider trading law leading up to Salman.
U.S. District Judge Charles Breyer said he will issue a final decision in the matter, stemming from Volkswagen's use of illegal software to defeat U.S. emissions testing, by Oct. 25, the recall affects nearly every Genesis Coupe registered in the U.S.
