Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency.
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Federal safety officials are investigating whether a Ford Motor Co. transmission recall should be widened to fix more than a million additional vehicles. Maserati North America Inc. is recalling more than 1,000 of its newest luxury cars to fix leaky fuel pipes that increase the potential for an engine fire.
The $80 Billion Train Project Caught in Scandal - A scandal threatens to put the brakes on Japan's plan to build the world's fastest train.
Japan's Subaru Corp (7270.T), already smarting from a vehicle inspection scandal at home, said it was now investigating whether mileage readings may have also been falsified during final checks, driving its shares down as much as 8 percent.
A New York lawyer who once advised Martin Shkreli was convicted on Wednesday of helping him defraud a pharmaceutical company, a charge a different jury cleared the drug executive of when it found him guilty of securities fraud earlier this year.
Fiat Chrysler lawyers are now holding discussions with lawyers representing various owners and owners groups of diesel vehicles in the US that are in the process of suing the prominent auto manufacturer, in relation to allegations of excess emissions in old diesel models.
More than 1.8 million Ram trucks could unexpectedly roll away under certain circumstances and will be recalled, according to Fiat Chrysler Automobiles.
The agreement resolves allegations arising from a lawsuit brought under the qui tam, or whistleblower, provisions of the False Claims Act, which permit private citizens with knowledge of fraud against the government to bring an action on behalf of the United States and to share in any recovery.
The Department of Justice obtained more than $3.7 billion in settlements and judgments from civil cases involving fraud and false claims against the government in the fiscal year ending Sept. 30, 2017.
The Securities and Exchange Commission today charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access to lucrative IPOs, enabling them to reap major trading profits in the secondary markets.
The U.S. Environmental Protection Agency and the California Air Resources Board said Tuesday they had approved an emissions fix for 24,000 Audi 3.0-liter passenger cars as Volkswagen AG looks to move beyond its diesel emissions crisis.
Boston Scientific loses bid to toss whistleblowers' billing claims. A federal judge has rejected a Boston Scientific Corp unit's bid to dismiss part of a lawsuit alleging it submitted false claims to Medicare for replacement parts for an implantable spinal cord stimulator used to treat chronic pain.
Region 8 Mental Health Services will pay the money after a former employee, Julie Farmer, filed the False Claims Act lawsuit on behalf of the government in 2009. She'll get $1.25 million of the $6.93 million. Some of the money will also go to the Mississippi state government to repay the state's share of the state-federal Medicaid program. The bulk of the settlement money will go to the federal government.
Hagens Berman Sobol Shapiro LLP's Steve Berman has had a stellar year, settling multiple class actions against big entities like the NCAA and U.S. Soccer and litigating suits against Stericycle and diabetes drug companies, securing him a place as one of Law360's 2017 Class Action MVPs.
Hyundai and Kia are recalling more than a half-million compact cars in the U.S. because the brake lights may not go out when the pedal is released.
The whistleblower account was followed up by lawsuits from several state attorneys general, who say they discovered ample evidence that misleading pricing and overbilling was a consistent occurrance.
A former manager at Regeneron Pharmaceuticals has filed a federal whistleblower lawsuit against the drug giant, claiming he was fired for raising questions about a lack of manufacturing standards.
A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.
Two recent court wins by False Claims Act defendants shows the perilous position in which late-filing whistleblowers can find themselves if they want to share in any potential fraud recovery.
In case you missed it: Vehicle recalls that came across our desk during the past week.
