U.S. probes Wells Fargo's retention of employee communications REUTERS U.S. regulators are investigating Wells Fargo & Co's (WFC.N) retention of employee communications over "unapproved" messaging tools, the bank said on Tuesday, the latest in a crackdown that has already sparked billions of dollars in fines. read more »
Volkswagen faces possible recalls after environmental NGO wins emissions software lawsuit REUTERS A German court on Monday ruled in favour of an environmental NGO's lawsuit against the federal motor authority for releasing cars with software on exhaust gas recirculation it argues is illegal, in a judgement which could lead to a wave of recalls. read more »
False Claims Act Settlements and Judgments Exceed $2 Billion in Fiscal Year 2022 DOJ
2017–2022 Porsche Panamera Recalled over Fire Risk CAR AND DRIVER The recall affects nearly 25,000 Porsches. Bentley is recalling 650 2020 Continentals over the same issue, which stems from a faulty external coolant pump. read more » VW recalls nearly 21,000 ID.4s over faulty battery software THE VERGE
Ford recalls 462,000 vehicles for rear camera display failure REUTERS Ford Motor Co (F.N) said Friday it is recalling 462,000 vehicles worldwide because video output may fail, preventing the rearview camera image from displaying. read more » U.S. SEC probes Elon Musk's role in Tesla self-driving claims, Bloomberg reports REUTERS
SEC asks big hedge funds for employee phone review REUTERS The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees' personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg News reported on Thursday. read more »