- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2024-08-07T17:42:00
A hospitality company agreed to pay $3.5 million and appoint an anti-trust compliance officer to settle allegations by the Department of Justice (DOJ) that it engaged in illegal pre-merger activity.
Legends Hospitality Parent Holdings, the brainchild of Dallas Cowboys owner Jerry Jones and the late owner of the New York Yankees George Steinbrenner, announced in November the acquisition of ASM Global, a venue management and services company.
Legends took control of some aspects of ASM operations and became involved with venue management for a California arena before a required legal waiting period, a violation of the Hart-Scott-Rodino Act, the DOJ alleged. HSRA prohibits companies from improperly combining operations or other aspects of their businesses before expiration of the waiting period, the DOJ said in a press release Monday.
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2024-09-17T16:16:00Z By Neil Hodge
Company training has always been equal parts important and annoying. But a recent inquest found some eLearning courses fail to warn companies when employees struggle through education and testing. For 13-year-old Hannah Jacobs, the consequences ended with her death.
2024-09-09T18:28:00Z By Aaron Nicodemus
A privately held family company and its CEO, who announced a $10 billion bid to buy U.S. Steel without having the cash on hand, will pay $600,000 in penalties to the Securities and Exchange Commission for making materially false statements.
2024-06-03T08:58:00Z By Kyle Brasseur
The Department of Justice’s Antitrust Division is examining how its policies and enforcement mechanisms are suited to handle potential issues brought about by the proliferation of use of artificial intelligence.
2025-04-22T12:00:00Z
The Federal Trade Commission (FTC) filed a lawsuit against Uber, alleging the ride-hailing company signed customers up for its Uber One subscription without consent, then made it hard for them to cancel. The move marks the U.S. government’s latest broadside against big tech companies, and the first major action from ...
2025-04-18T17:45:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
2025-04-15T07:30:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
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