Fiat Chrysler Will Pay $150M, Largest Ever NHTSA Penalty
Acknowledging violations of the Motor Vehicle Safety Act’s requirements to repair safety defects, Fiat Chrysler Automobiles has agreed to a $105 million civil penalty, the largest ever imposed by the National Highway Traffic Safety Administration. The automaker agreed to an independent monitor, approved by the NHTSA and in place for ...
Related articles
-
ArticleNHTSA probing Tesla for defects that cause battery fires
The National Highway Traffic Safety Administration has launched an investigation into electric-car company Tesla over potential battery defects that allegedly cause its vehicles to suddenly burst into flames.
-
ArticleFormer startup CEO gets 7 years in prison for $175M fraud against JPMorgan Chase
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
-
ArticleGeorgia Tech to pay $875,000 for allegations brought by compliance officers
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.