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Porsche to pay $80 mln to resolve fuel economy claims on U.S. vehicles REUTERS Volkswagen AG (VOWG_p.DE) and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy data on 500,000 Porsche vehicles in the United States, court documents show. read more » NHTSA Report Connects Hundreds of Crashes with Driver-Assistance Tech CAR AND DRIVER

SEC Charges Firm and Five Brokers with Violations of Reg BI SEC

Ford recalls 3.3 million vehicles over rollaway concerns REUTERS Ford Motor Co (F.N) is recalling more than 3.3 million vehicles in North America that could roll away because a damaged or missing part may prevent the vehicle from shifting into the intended gear. read more » Tesla, Honda among those to report advanced driving systems vehicle crashes-U.S. REUTERS

Former Chairman and Managing Partner of Energy Company Pleads Guilty to $15 Million Ponzi Scheme DOJ

Ford recalls 49,000 U.S. Mach-E EVs over potential power loss REUTERS Ford Motor Co (F.N) said Tuesday it is recalling about 49,000 Mustang Mach-E electric vehicles in the United States because a part could overheat and result in a loss of driving power. read more »

KBR Defendants Agree to Settle Kickback and False Claims Allegations DOJ

Bitcoin plunges below $24,000 and the crypto meltdown claims another casualty CNN Bitcoin and other cryptocurrencies plunged Monday, and two of the world's biggest cryptocurrency platforms restricted activity as the market meltdown continued apace. read more »

Los Angeles Doctor to Pay $9.5 Million to Resolve Allegations of Fraud Against Medicare and Medi-Cal DOJ

U.S. agency upgrades Tesla Autopilot safety probe, step before possible recall REUTERS The National Highway Traffic Safety Administration (NHTSA) on Thursday said it was upgrading its probe into 830,000 Tesla (TSLA.O) vehicles with its advanced driver assistance system Autopilot, a required step before it could seek a recall. read more » Is your car one of millions in the U.S. under safety recall? CBS17

U.S. SEC chief unveils plan to overhaul Wall Street stock trading REUTERS The top U.S. securities regulator on Wednesday proposed rule changes to transform how Wall Street handles retail stock trades after the meme stock mania last year raised questions about whether mom-and-pop investors were getting the best price. read more » Whistleblower sues Eli Lilly over drug manufacturing problems REUTERS

How Safe Are Systems Like Tesla’s Autopilot? No One Knows NEW YORK TIMES Every three months, Tesla publishes a safety report that provides the number of miles between crashes when drivers use the company’s driver-assistance system, Autopilot, and the number of miles between crashes when they do not. read more »

US investigating complaints that Honda engines won’t restart AP The U.S. government’s road safety agency is investigating complaints that the fuel-saving stop-start system on some Honda Pilot SUVs can fail to restart. read more »

Stellantis US arm pleads guilty to fraud and conspiracy in diesel emissions investigation CNN

Prosecutors charge a crypto employee with insider trading NEW YORK TIMES Manhattan prosecutors on Wednesday accused a former employee of OpenSea, an auction site for the digital goods known as nonfungible tokens, or NFTs, of insider trading. It is believed to be the first such case filed related to a cryptocurrency company. read more »

U.S. charges Stellantis unit in diesel emissions probe REUTERS The Justice Department on Thursday charged the U.S. business of Fiat Chrysler Automobiles with criminal conspiracy in its multi-year emissions fraud probe surrounding vehicles with diesel engines. read more » U.S. NHTSA asks Tesla to respond by June 20 in brake activation probe REUTERS

SEC Charges Global Steel Pipe Manufacturer with Violating Foreign Corrupt Practices Act SEC

Woman Indicted for Prescribing Medically Unnecessary Medical Equipment in $8.8 Million Health Care Fraud Scheme DOJ A Georgia woman was arrested yesterday in Hampton, Georgia, on criminal charges related to her alleged scheme to defraud Medicare by prescribing medically unnecessary durable medical equipment (DME), which was then billed to Medicare. read more » Bank of America's Merrill Lynch to pay $15.2 mln to mutual fund customers REUTERS

Defeat device car owners can claim damages - EU court adviser REUTERS Owners of vehicles equipped with so-called defeat devices have a right to compensation from the vehicle manufacturer, an adviser to the top EU court said on Thursday in a case brought against Mercedes-Benz read more »

Caris Life Sciences Pays over $2.8 Million to Settle False Claims Act Allegations from Delay in Submission of Genetic Cancer Screening Tests DOJ

U.S. SEC looking into Musk's Twitter stake purchase REUTERS he U.S. Securities and Exchange Commission (SEC) is looking into Tesla Chief Executive Officer Elon Musk's disclosure of his stake in Twitter Inc (TWTR.N) in early April, according to a letter the agency sent to him in April. read more » Justice Department Files False Claims Act Complaint Against Six Physicians in Texas Relating to Alleged Kickbacks and Improper Laboratory Testing Claims DOJ