By
Adrianne Appel2024-08-13T21:00:00
Women’s apparel importer Alexis agreed to pay nearly $7.7 million to settle allegations, first raised by a whistleblower, that it intentionally underpaid customs duties, according to the Department of Justice (DOJ).
Alexis admitted as part of the settlement that it violated the False Claims Act by undervaluing the clothing it imported into the U.S., the DOJ announced in a press release Friday, which acted on behalf of U.S. Customs and Border Patrol (CBP).
The case was first brought under the qui tam provisions of the False Claims Act in U.S. District Court for the Southern District of Florida. The whistleblower case was disputed by the U.S. and Alexis and dismissed on Thursday, the DOJ said.
2024-05-09T20:36:00Z By Adrianne Appel
Athletic apparel company Lululemon is under investigation by the Canadian Competition Bureau regarding whether it made misleading claims about environmental aspects of its business.
2021-05-04T14:33:00Z By Jaclyn Jaeger
Under Armour agreed to pay $9 million to settle charges brought by the SEC concerning accounting practices by the sports apparel company that rendered statements it made misleading.
2020-07-06T21:26:00Z By Jaclyn Jaeger
Footwear and apparel giant Adidas is focused on improving its diversity efforts after its head of global human resources stepped down following controversial remarks on race that angered employees.
2025-10-29T20:04:00Z By Oscar Gonzalez
The Consumer Financial Protection Bureau shut down a registry of non-bank financial firms that broke consumer laws. The agency cites the costs being ”not justified by the speculative and unquantified benefits to consumers.”
2025-10-28T21:11:00Z By Adrianne Appel
Senate Democrats warned OMB Director Russell Vought Tuesday that it would be illegal for the Trump administration to shut down the Consumer Financial Protection Bureau, citing a recent court decision barring actions that could severely harm the agency.
2025-10-23T20:36:00Z By Jaclyn Jaeger
It has been nearly six months now since the Department of Justice’s (DOJ) Criminal Division released its memorandum on the selection of compliance monitors. This article provides a critical analysis of the monitorships that received early terminations, those that remain in place, and the broader compliance lessons they impart.
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