It says a McKesson subsidiary violated the federal False Claims Act by selling the medication, providing kickbacks by offering the pooled drugs at a discount and repackaging them under non-sterile conditions. That left the drugs open to contamination that could have harmed patients, the lawsuit claims.
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The Securities and Exchange Commission today announced a whistleblower award of more than $2.2 million to a former company insider whose tips helped the agency open an investigation that led to an enforcement action. The whistleblower first reported the information to another federal agency and later provided the same information to the SEC.
U.S. automaker Ford is recalling 350,000 vehicles over a transmission problem. The company said on Friday a clip that is designed to lock the transmission gear in place in the recalled vehicles may not fully secure itself in the appropriate position, or it could become dislodged, allowing the vehicle to shift gears on its own.
A Chinese-born executive pleaded guilty on Wednesday in New York to three criminal counts in connection with a U.S. bribery probe involving a former U.N. General Assembly president.
Attorneys with the U.S. Department of Justice informed a federal judge Monday that they need at least two more months to conduct a criminal fraud investigation into SeaWorld Entertainment Inc., court records show.
The top legal officers from 11 states and Washington D.C. on Tuesday promised to defend federal automobile efficiency standards against a rollback proposed by the Trump administration this week. read more »
Michael Liberty advertised that Mozido, the start-up he founded which once boasted a valuation of $5.6 billion, would revolutionize mobile payments and bring financial services to 2 billion unbanked adults worldwide. But securities regulators claim Liberty hyped up Mozido while raising $55 million that mostly went into his own pocket.
EPA threatens to revoke California's ability to set emissions standards as the Trump administration moves to abandon fuel mileage goals
The Trump administration openly threatened one of the cornerstones of California's environmental protections Monday, saying that it may revoke the state's ability under the Clean Air Act to impose stricter standards than the federal government sets for vehicle emissions.
Federal investigators said Sunday they were "unhappy" that Tesla had released information related to a fatal crash involving one of its Model X vehicles late last month.
Tesla announced late Friday that the Tesla Model X had its semiautonomous "Autopilot" mode activated moments before it slammed into a highway barrier on U.S. 101 in California on March 23, killing driver Walter Huang, 38. read more »
The FT's Aliya Ram interviews Christopher Wylie and Shahmir Sanni, the two whistleblowers at the centre of the Facebook data breach outcry, about how the scandal broke and what it means for Facebook read more »
Volkswagen AG has paid more than $7.4 billion to buy back about 350,000 U.S. diesel vehicles through mid-February, a recent court filing shows. The German automaker has been storing hundreds of thousands of vehicles around the United States for months.
Two whistleblowers won a battle with the U.S. Internal Revenue Service over their share of $74 million they helped the agency to collect, marking a change that attorneys say could encourage more people to flag wrongdoing.
Was killed last Sunday by an Uber autonomous car that hit the 49-year-old at approximately 40mph as she was crossing the road in Tempe, Arizona. Police confirmed there was an operator in the Volvo SUV at the time of the collision, and stated that it didn't appear the car had slowed down.
China accused the deal maker who bought the Waldorf Astoria hotel in New York of bilking investors of more than $10 billion, prompting him to issue a rare denial of guilt on Wednesday in a country where the courts almost always convict.
First VW, then Mercedes-maker Daimler, now BMW. US law firm Hagens Berman on Tuesday launched a class-action suit against its third German carmaker, accusing BMW of manipulating emissions in diesel models. The move follows a raid of three BMW locations by German prosecutors last week.
A scandal engulfing Facebook over the use of its data by political consultants widened on Tuesday when a whistleblower said Canadian company AggregateIQ had developed a program to target Republican voters in the 2016 U.S. election.
Tens of thousands' of BMWs are violating standards: lawsuit. BMW is at least sixth carmaker accused of cheating since 2015.
Regulators around the globe began work on replacements for Libor, the London interbank offered rate, well before the U.K.'s Financial Conduct Authority set to put the beleaguered interest-rate benchmark out of its misery. In the U.S., enter the Secured Overnight Financing Rate, or SOFR, a new reference rate being introduced next week by the Federal Reserve Bank of New York in cooperation with the U.S. Treasury Department's Office of Financial Research. The debut of SOFR is a critical step in a quest to wean more than $350 trillion of securities off Li
Alere Inc has agreed to pay $33.2 million to resolve claims it knowingly sold unreliable diagnostic testing devices to hospitals prior to its acquisition by Abbott Laboratories last year, the U.S. Justice Department said on Friday.
More than 121 years ago, a British woman was strolling the grounds of London's Crystal Palace when she was hit by an almost experimental type of vehicle called a horseless carriage.
