Articles by Tom Schoenberg

Walmart Agrees to Pay $282 Million to End 7-Year Global Bribe Investigation

Walmart Inc. agreed to pay $282 million in penalties and a Brazilian unit admitted to violating a U.S. anti-bribery law, providing a relatively subdued ending to a seven-year investigation that spanned the globe and at one point looked poised to …

Justice Department Vows to Pursue Individual Executives in Corporate Crime Cases

The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod Rosenstein said. “Under our revised policy, pursuing individuals responsible for wrongdoing will be a top priority in every corporate investigation,” …

Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources

Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money-laundering investigations in …

U.S. Clarifies Policy on Prosecutions of Executives for Fraud

The U.S. Justice Department renewed its push to charge executives in corporate fraud cases, encouraging companies to come to them early even if they can’t yet identify individual wrongdoers. Deputy Attorney General Sally Quillian Yates clarified the department’s new policy …

Civil Court Cases Face Possible Delays Due to Government Shutdown

U.S. Justice Department lawyers from New York to San Francisco are asking judges to delay civil cases as the government partially shuts down, and in Manhattan already won a halt to litigation except one trial. The Justice Department made the …

Court Says Facebook ‘Like’ Is Protected Speech for Employees

Using Facebook Inc.’s “Like” feature to show support for a candidate in an election is speech protected under the U.S. Constitution, a federal appeals court said, handing a victory to the social networking company which argued such protection is vital …

Railroads Win Class Certification Appeal in Shippers’ Price Fixing Case

The four largest U.S. railroad companies won their bid to reverse a ruling that turned a price- fixing lawsuit against them by shippers into a group lawsuit with potential damages of at least $10 billion. A three-judge panel of the …

Trucking Industry Loses Challenge to Driver Fatigue Rule

U.S. Transportation Department regulations to ensure drivers get more rest were mostly upheld by a federal appeals court, a defeat for trucking companies that said the rules would add cost without improving highway safety. A three-judge panel of the Court …

Lance Armstrong Seeks Dismissal of False Claims Lawsuit

Lance Armstrong, the former champion cyclist, asked a judge to throw out a lawsuit claiming he defrauded the U.S. by using banned substances in violation of his team’s contract with the U.S. Postal Service. Armstrong, in papers submitted yesterday in …

Lawsuits Could Follow Zimmerman Acquittal

The acquittal of George Zimmerman, the Florida neighborhood watch volunteer cleared of state charges in the death of black teenager Trayvon Martin, spurred new calls for a federal civil rights prosecution and suggestions the youth’s family may bring a lawsuit. …