- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Joe Mont2014-12-08T13:15:00
The Federal Trade Commission has approved a final order resolving allegations that Google unfairly billed consumers for in-app charges that were made by children without their parents’ consent. Google will set aside $19 million in restitution and contact all all affected consumers within 15 days.
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2015-09-09T14:45:00Z By Jaclyn Jaeger
Image: A federal appeals court has upheld the Federal Trade Commission’s efforts to sanction companies for poor data security practices—which opens a new front of cyber-security compliance and legal risks for Corporate America. “Basically, if consumers trust you with data, you need to use reasonable business efforts to honor that ...
2025-03-24T20:16:00Z By Oscar Gonzalez
The U.S. Treasury Department lifted its sanctions against cryptocurrency mixer Tornado Cash on Friday after a federal appeals court ruled in November the penalty levied by the agency’s Office of Foreign Assets Control was an overreach.
2025-03-24T16:06:00Z By Jaclyn Jaeger
In October 2024, aerospace and defense company Raytheon and parent company RTX reached a $950 million settlement with U.S. government agencies to resolve multiple federal law violations. More significant than the criminal penalties were the four compliance monitorships that came with the agreements.
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