Kraft Heinz, 2 Execs to Pay $62M to Settle Charges of False Accounting September 7, 2021 By Chris Prentice, Susan Heavey and Jonathan Stempel The Kraft Heinz Company and two former executives have agreed to pay more than $62 million to settle charges they...
Q&A: Liability Insurance Implication for Admitting Wrongdoing in SEC Settlements December 11, 2013 By Young Ha Earlier this year, the U.S. Securities and Exchange Commission reached a settlement with New York-based hedge fund adviser Philip A....
New York Bans Fund Manager Falcone From Insurance Unit October 7, 2013 By Katya Wachtel and Svea Herbst-Bayliss Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned...
Aon to Pay $16.2 Million to Settle Bribery Charges December 21, 2011 By Aruna Viswanatha and Sarah N. Lynch Insurance brokerage firm Aon Corp. will pay $16.2 million to settle criminal and civil charges that it paid bribes to...
Judge Rejects Citigroup-SEC Mortgage Settlement; Orders Trial November 28, 2011 By Grant McCool and Jonathan Stempel A federal judge angrily threw out Citigroup Inc.’s proposed $285 million settlement over the sale of toxic mortgage debt, excoriating...