Department of Justice
Wells Fargo Fined $37M Over Forex Fraud
The bank's sales specialists allegedly charged forex customers higher markups on transactions than they represented the bank would charge.
Feds Investigating Peloton Safety Disclosures
The company says the SEC and other agencies are investigating its reporting of injuries associated with its Tread Plus treadmill.
Biden to Name Tech Critic as Top Antitrust Cop
Jonathan Kanter "has been a leading advocate and expert in the effort to promote strong and meaningful antitrust enforcement and competition policy.”
Deutsche Bank Fined $132M Over Bribery Schemes
U.S. authorities say the scandal-plagued bank made improper payments to politically-connected intermediaries to secure business overseas.
Boeing Fined $2.5 Billion Over 737 Max Crashes
U.S. prosecutors alleged two senior Boeing pilots deceived the Federal Aviation Administration into certifying the aircraft as airworthy.
DOJ: Facebook Improperly Gave Hiring Preference to Foreign Workers
The complaint says the social media giant refused to recruit, consider, or hire qualified and available U.S. workers for over 2,600 positions.
Chinese Nationals Charged With Hacking Attacks
“The United States government is starting to turn the tide on Chinese intrusion operations on Western companies and targets."
Feds Net 57 People in Probe of PPP Loan Scams
The defendants allegedly tried to steal a total of $175 million from the program, which some had feared would be a magnet for fraud.
Herbalife Fined $123M Over China Bribe Scheme
U.S. authorities say the company paid off Chinese governmental officials to win favorable treatment in one of its largest markets.
DoJ Proposes Weakening Tech Immunity Law
"The time is ripe to realign the scope of Section 230 [of the Communications Decency Act] with the realities of the modern internet."
Chicken Producer Execs Charged With Price Fixing
Four executives at Pilgrim's Pride and Claxton Poultry allegedly conspired to suppress competition by fixing the price of broiler chicken products.