Hyundai, Kia Pay Record $100 Million for Misrepresenting Fuel Efficiency
Hyundai Motor America and Kia Motors America agreed this week to pay $100 million—the largest civil penalty ever secured under the Clean Air Act—for making inaccurate representations of their vehicles’ performance and emissions. The auto makers also must implement training and enhanced audit testing of their vehicles to prevent such ...
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WebcastOct 14 | CPE Webcast: Navigating Evolving Banking Regulations in the U.S. and Canada
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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.
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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.