TikTok Faces Fine as EU Prepares Probe Over Risks to Minors February 12, 2024 By Stephanie Bodoni and Jillian Deutsch TikTok owner ByteDance Ltd. faces the threat of hefty fines as the European Union prepares a probe under its strict...
OSHA Announces Penalty Increases for 2024 January 16, 2024 The Occupational Safety and Health Administration said it is slightly raising civil penalty amount for 2024, effective Jan. 16. The...
Cummins Agrees to Record-Setting Engine Emissions Settlement January 10, 2024 By David Shepardson Truck engine maker Cummins agreed to settle a lawsuit filed Wednesday by the Justice Department and California and pay a...
US SEC Enforcement Collected Nearly $5B in Financial Remedies Last Year November 15, 2023 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran through September, garnering...
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion August 9, 2023 By Austin Weinstein Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of dollars in...
More Big Corporate Settlements Coming, Says Departing Justice Dept Official August 7, 2023 By Sarah N. Lynch As Kenneth Polite steps down this month as the head of the U.S. Department of Justice’s Criminal Division, he will...
Stellantis, GM Pay $363M in Fuel Economy Penalties June 5, 2023 By David Shepardson Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S....
Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M June 1, 2023 The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle...
Amazon to Pay $30.8 Million to Settle FTC Privacy Claims Over Ring Doorbell June 1, 2023 By Leah Nylen and Andrea Vittorio Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission related to privacy...
Meta Hit With Record $1.3B Fine Over Data Transfers May 22, 2023 By Padraic Halpin Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over...