Settlements and judgments under the False Claims Act exceeded $2.68 billion in the fiscal year ending Sept. 30, 2023, according to the Attorney General’s office. The False Claims Act imposes treble damages and penalties on those who knowingly and falsely …
Gemini Trust Co., the crypto exchange founded by twin entrepreneurs Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers though the Genesis Global Capital bankruptcy as part of settlement with the New York Department of Financial Services. …
Tesla Inc. and News Corp. face some of the earliest regulatory enforcement actions under New York City’s closely watched pay transparency law. The city alleges the businesses ignored the requirement to include salary ranges in job ads or posted such …
Investors are losing patience with corporate foot-dragging on key ESG metrics and starting to see legal action as the logical next step, according to the head of Britain’s biggest sustainable finance association. They’re “frustrated at the pace of progress in …
MIAMI (AP) — Miami-Dade County’s Unsafe Structures Board is under pressure to speed up the process for reviewing problematic structures following the collapse of the Champlain Towers South a month ago. Before the tower collapsed June 24, the county board …
OLLEGE PARK, Md. (AP) –The founders of a company called Raging Bull tout themselves as expert stock traders who teach customers how they, too, can become millionaires. Marketing emails said they found a “hidden bull market” in the COVID-19 pandemic. …
May 26 — As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers …
Stores and workplaces eager to avoid spreading the novel coronavirus are equipping existing security cameras with artificial intelligence software that can track compliance with health guidelines including social distancing and mask-wearing. Several companies told Reuters the software will be crucial …
LAS VEGAS — Nevada security officials had trouble tracking resort emergency response plans, months after the Legislature tightened requirements for 91 casinos statewide to update and maintain playbooks for incidents including active shooters and natural disasters, a newspaper reported. The …
Mistakes by claims professionals were the most common reason for enforcement actions taken against U.S. property and casualty insurers in 2018, taking the No. 1 and No. 2 spot on a top ten list issued by the Wolters Kluwer consulting …