All United States articles
-
Basic PageTeva Pharma to pay $450 million to settle kickback and price-fixing allegations
Generic drug giant Teva Pharmaceuticals has agreed to pay $450 million to settle two cases brought by the Department of Justice (DOJ), including one alleging that co-pays it made on behalf of Medicare patients constituted illegal kickbacks, and a second action for alleged generic drug price fixing.
-
PremiumControl and delete: How regulators can shutdown companies’ AI investments
Companies are increasingly putting their faith in AI to realize the kind of business benefits that the technology seems to promise, but they are also opening themselves up to new and potentially crippling sanctions if they are unable to answer questions that surround how AI operates.
-
News BriefSEC penalizes Rimar CEO, holding company board member $524K total for ‘AI washing’
The Securities and Exchange Commission ordered the owner of Rimar Capital and a board member of its holding company to pay nearly $524,000 in penalties for defrauding investors with false and misleading statements about its use of artificial intelligence.
-
PremiumTD Bank fined nearly $3.1B by U.S. regulators for AML compliance failures
TD Bank will pay nearly $3.1 billion in penalties to four U.S. regulators to settle charges that it “chose profits over compliance” when it allowed three money laundering networks to filter more than $670 million in dirty money through the company.
-
Blog
Thesis* appoints general counsel
Thesis*, a venture studio funding and building brands on Bitcoin, announced the appointment of Katherine Snow as its new general counsel.
-
Blog
Illumina names acting GC
Illumina, a DNA sequencing and array-based technologies firm, announced that Scott Davies has been named acting general counsel and secretary as Charles Dadswell will step down.
-
PremiumAI & Compliance Summit notebook: ‘Think big. Start small. Scale fast.’
When starting artificial intelligence efforts for companies large or small, one approach compliance practitioners said they’ve found works best is to start with a specific use case.
-
Blog
Albemarle announces GC, compliance chief
Albemarle Corporation, which transforms essential resources into critical ingredients for mobility, energy, connectivity and health, announced that Stacy Grant will become general counsel, corporate secretary and chief compliance officer.
-
News BriefEV maker Fisker under investigation by SEC amid bankruptcy, ICFR weaknesses
Electric vehicle maker Fisker is under investigation by the Securities and Exchange Commission over potential violations of federal securities laws related to the preservation of records and documents involving its Chapter 11 bankruptcy filing.
-
News BriefAmerican Water Works discloses probe into cybersecurity breach
American Water Works Company, which supplies drinking water and wastewater to 14 million customers, disclosed a breach of its computer networks and system due to a cybersecurity incident.
-
PremiumDOJ steps up enforcement approach against AI-powered cybercrime
The Criminal Division of the Department of Justice plans to heighten its focus on cybercrime, according to division head Nicole Argentieri.
-
News BriefChinese steel, artificial sweetener from Xinjiang now banned under UFLPA
Steel and an artificial sweetener made by two Chinese companies using forced labor have been banned from entering the U.S. under the Uyghur Forced Labor Prevention Act.
-
Blog
ImageSource welcomes finance, legal chief
Software company ImageSource welcomed Michael Hemphill as the new chief financial officer and chief legal officer.
-
Blog
Intellivo names chief legal officer
Intellivo, provider of innovative payments technology for health plans, payers, and providers, announced the appointment of Win Rawson as chief legal officer.
-
Blog
MDU Resources Group names legal chief
MDU Resources Group board of directors has approved the appointment of Anthony Foti as chief legal officer and corporate secretary, effective Oct. 7.
-
Blog
Shoals Technologies Group announces interim legal chief
Shoals Technologies Group announced the addition of Chad Warpula as interim chief legal officer.
-
Blog
Arizona Sonoran announces GC
Arizona Sonoran Copper Company announced the appointment of Nicholas Hayduk as VP Corporate Development, general counsel and corporate secretary.
-
Blog
Generate Capital adds risk chief
Generate Capital announced the addition of Nancy Tsang as chief risk officer.
-
Blog
LeoLabs adds chief legal officer
LeoLabs, provider of integrated Space Situational Awareness and Space Domain Awareness solutions, announced the appointment of Karen Dacres as chief legal officer and corporate secretary.
-
Blog
Smith College appoints GC
Smith College appointed Gretchen Groggel Ralston as the college’s vice president and general counsel.