Walmart has agreed to pay $100 million to settle allegations that it deceived delivery drivers about their pay and tips, the Federal Trade Commission announced.
Adrianne Appel
Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government.
Email: adrianne.appel@complianceweek.com
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Posted inRegulatory Enforcement
Former telemedicine company owner gets 7 years for role in $136M kickback scheme
A former co-owner of two telemedicine companies who helped orchestrate $136 million in Medicare fraud was sentenced to seven years in prison for his role in the nationwide bribery and kickback scheme involving orthotic braces, doctors, and false claims.
Posted inRegulatory Enforcement
Florida boarding school pays $1.7M for enrolling kids of drug cartel parents
A Florida school has agreed to pay more than $1.7 million for enrolling children whose parents had been sanctioned by the U.S. for their ties to Mexican drug cartels, the U.S. Department of the Treasury’s Office of Foreign Assets Control said Thursday.
Posted inData Privacy
Disney pays $2.75M to California for alleged privacy violations
Disney has agreed to pay $2.75 million to settle allegations by California that its streaming service sold the personal information of subscribers without their permission.
Posted inSanctions
OFAC creates online portal for self-disclosing sanctions violations
The U.S. Department of the Treasury’s Office of Foreign Assets Control has created an online voluntary self-disclosure system to encourage more people to self-report possible sanctions violations.
Posted inData Privacy
FTC warns brokers to stop selling U.S. military member data to foreign adversaries
Thirteen data brokers have been warned by the Federal Trade Commission to come into compliance with a 2024 law prohibiting the selling of the personal data of U.S. residents to foreign adversaries.
Posted inArtificial Intelligence
Flops and successes: Experts at Compliance Week AI event share lessons learned with AI rollouts
A strength of artificial intelligence (AI) is its ability to detect patterns and trends in data. Organizations that deploy AI tools for that purpose have a good chance of success, especially if they employ the right guardrails.
Posted inArtificial Intelligence
AI makes it possible for FINRA to monitor 1 trillion market events per day, executive said at CW event
The Financial Industry Regulatory Authority (FINRA) has welcomed artificial intelligence (AI) with open arms—and also caution.
Posted inRegulatory Enforcement
Two ADM execs settle with SEC over alleged profit inflations, one exec fighting back
Three former executives at Archer-Daniels-Midland intentionally misled investors by inflating the performance of the company’s Nutrition unit, the U.S. Securities and Exchange Commission has alleged.
Posted inTechnology
CW AI event: Boards eager for AI adoption, but governance lags
A “massive” surge in corporate leadership in adopting artitifical intelligence (AI) has been coupled with gaps in AI guardrails, according to a former Google executive speaking at a Compliance Week event on AI use in compliance.
