Insys to Pay $225M to Settle Painkiller Probes
The maker of the fentanyl spray Subsys "is being held responsible for its role in fueling the opioid epidemic," a prosecutor says.
Navistar Settles Defective Engine Suits for $135M
The settlement resolves the class-action claims of truck owners who alleged Navistar failed to disclose a defect in engine exhaust-treatment systems.
Facebook Sets Aside $3B for Possible FTC Fine
Facebook says the charge it took in the first quarter is a reasonable estimate of what it would cost to resolve an FTC privacy investigation.
Rent-A-Center Reaches Settlement Over Failed Merger
The company will receive $92.5 million after settling all litigation relating to its termination of its merger deal with Vintage Capital.
Lumber Liquidators Settles Fraud Case for $33M
The nation's largest hardwood retailer allegedly made false statements to investors about the safety of laminate flooring it sold in the U.S.
McKinsey Fined $15M Over Disclosure Failures
The Department of Justice says the firm showed a "lack of candor" in seeking advisory appointments in bankruptcy cases.
JPMorgan Chase Fined $135M Over ADR Trades
JPMorgan's settlement with the SEC means all four depositary banks have been sanctioned for improper handling of "pre-released" ADRs.
AriseBank Execs Fined $2.7M for ICO Fraud
The startup's founders allegedly duped investors by making false statements about what they claimed to be the first "decentralized" bank.
Midland Funding Settles Collections Abuse Probe
The $6 million, multistate accord ends a six-year investigation that focused on the debt-buyer's use of robo-signed affidavits in litigation.
Citibank Fined $38M for Mishandling ADR Trades
The SEC says the bank allowed ADRs to be “pre-released” while not backed by actual shares, leaving them ripe for potential market abuse.
‘Frack Master’ Settles Charges Over $80M Fraud
Christopher Faulkner agrees to disgorge the $23.8 million he allegedly misappropriated from investors to pay for a lifestyle of “decadence and debauchery.”