Blog

US SEC sues Binance, founder Zhao alleging securities law violations REUTERS The world's largest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Securities and Exchange Commission on Monday for failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls, as well as for operating an unregistered securities exchange. read more » U.S. Supreme Court gives boost to whistleblowers in drug pricing case REUTERS

3 women who say Cuba Gooding Jr. sexually abused them can testify at sex assault trial, judge rules ABC

Michigan Vascular Surgeon Sentenced to 80 Months in Prison for Health Care Fraud Conviction and Agrees to Pay Up to $43.419 Million to Resolve False Claims Act Allegations DOJ

Emissions scandal: Ex-Audi boss admits role in fraud by negligence in German court REUTERS Former Audi boss Rupert Stadler accepted his role in committing fraud by negligence in the diesel emissions scandal, according to a statement made in German court on Tuesday, having agreed early in May to a deal which would get him a suspended sentence. read more »

Illinois Hospital Agrees to Pay $12.5 Million to Settle Allegations of Billing Error DOJ

GCI Communications Corp. to Pay More than $40 Million to Resolve False Claims Act Allegations Related to FCC’s Rural Health Care Program DOJ

SEC Issues Largest-Ever Whistleblower Award SEC

Judge says JPMorgan could be liable for Epstein sex trafficking if Staley knew about it REUTERS

Two Pharmacy Owners Charged with $29M Health Care Fraud Scheme DOJ

Former Audi boss set for confession in diesel emissions scandal REUTERS Former Audi boss Rupert Stadler is ready to make a confession about his role in the diesel emissions scandal in exchange for a suspended sentence and a payment of 1.1 million euros ($1.21 million), he and his defence team said on Wednesday. read more » The Largest Automotive Recalls in History (So Far) JALOPNIK

Continental manager admits involvement in diesel scandal, incriminates others, prosecutors say REUTERS A technical project manager at Continental (CONG.DE) has admitted to involvement in the Volkswagen (VOWG_p.DE) diesel scandal and incriminated other defendants, German prosecutors told Reuters on Friday. read more » Daihatsu Cheated Safety Testing For 88,000 Cars ROAD AND TRACK

U.S. Supreme Court to examine whistleblower claims against financial firms in UBS case REUTERS

Ex-UCLA gynecologist James Heaps sentenced to 11 years for sexually abusing patients CBS

A group of state AGs calls for a national recall of high-theft Hyundai, Kia vehicles NPR

L3 Technologies Settles False Claims Act Allegations Relating to Double-Charging for Certain Material Costs DOJ

Tesla Is the Most-Recalled Car Brand—By Far—of All Cars, Trucks, and SUVs AUTO WEEK Tesla has set another record, but not one you’re likely to see touted in ads by the company, if the company ever decided to run ads. Turns out Teslas are recalled more than any other brand in America—and by a long shot. read more » Subaru Ascent, Range Rover SUVs among 5,000 vehicles recalled this week. Check recalls here USA TODAY

Ex-Cardinal McCarrick faces sexual assault charge in Wisconsin WPR

  US Supreme Court to weigh key standard in whistleblower fraud cases REUTERS The U.S. Supreme Court was set on Tuesday to consider a bid by whistleblowers to revive lawsuits accusing pharmacy operators of pocketing millions of taxpayer dollars by knowingly overbilling government health insurance programs for prescription drugs. read more »

CFTC Orders Goldman Sachs to Pay $15,000,000 for Violations of Swap Business Conduct Standards CFTC

VW Atlas Recalled, Owners Told Not to Let Passengers Ride in Front CAR AND DRIVER Volkswagen of America is recalling 143,053 of its 2018–2021 Atlas and 2020 Atlas Cross Sport SUVs to fix a defect in the passenger-side front airbag system. The occupant detection system in the affected vehicles could erroneously fail to detect a passenger is present and deactivate the airbag. It would then not deploy in the event of an accident. read more » VW Recalls ID.4 EVs for Doors That May Swing Open While Driving THE DRIVE