AT&T Fined $60 Million in Data ‘Throttling’ Case
An FTC commissioner says AT&T's unlimited data plan for smartphone customers was a "bait-and-switch scam."
Clearinghouse Fined $20M for Violating Standards
Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.
Kraft Settles Futures Market Manipulation Case
The company allegedly made more than $5 million in profits and savings from improper wheat futures trading.
U.S. Approves $26B T-Mobile-Sprint Merger
The deal is still being opposed by 14 states that claim it will harm "consumers, workers, and innovation."
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.