L&T Group of Companies, the largest employer of manufacturers in Saipan, will pay $1.7 million as part of a series of discrimination suits brought by the Equal Employment Opportunity Commission (EEOC). The discrimination was both blatant and

Paul Revere Transportation, LLC, a Boston-based bus company agreed to pay $650,000 in fines after the company was found liable of leaving its vehicles idle for long periods of time. The U.S. Environmental Protection Agency brought charges against the company in June for violating the federal Clean Air Act and local Massachusetts laws against [...]

President Obama today signed into law the Fraud Enforcement and Recovery Act of 2009 (FERA), a bill that extensively ramps up anti-fraud measures, including authorizing new funding to fight fraud, adding protections to federal whistle-blowers and expanding the power of

The Veterans Affairs Department agreed to a $20 million settlement yesterday, after concerns of identity theft arose from a 2006 case of a lost laptop and external hard drive. A VA analyst admitted to losing the laptop, which contained the names, birth dates and social security numbers of over 26 million veterans and

A federal appellate court ruled today that Taco Bell, and not its ad agency TBWA, is responsible for the $42 million payment to the original creators of the now famous Taco Bell Chihuahua mascot.

Earlier this month, Governor Bill Richardson decided to withdraw his nomination for commerce secretary in order to, in his explanation, avoid making a spectacle out of the confirmation process. The unnecessary distraction, he feared, would come about

It’s well known that during times of financial hardship, crime goes up. So no one should be surprised that corporate crime goes up during a recession.

“I am both saddened and outraged,” Steve Schwarzman wrote in a message to Blackstone employees on Tuesday. “The SEC has brought a civil complaint today against Ramesh Chakrapani in our Corporate Advisory Services Group.”

Team of Rivals? Not Quite. In response to a series of 2007 FTC antitrust suits, Whole Foods has asked 96 of its U.S.-based competitors to hand over sensitive company data. John Mackey, CEO of Whole Foods, believes the information will help fight the 29 separate lawsuits it is facing – one for

In 2007 a Code of Conduct for transparency and disclosure was drawn up for the private equity industry in the United Kingdom. It was created, and still remains, as a voluntary code that firms can agree to sign onto at their leisure. Unfortunately, even after signing up voluntarily, many firms didn’t fully comply [...]

The Department of Justice announced last week that it filed a forfeiture action against approximately $3 million in accounts held in Singapore. The DOJ alleges that this money was used to pay off officials in Bangladesh. The kicker is that some

A great piece in the Wall Street Journal today discusses the dedicated efforts of a Mr. Harry Markopolos in trying to alert the Securities and Exchange Commission to the Bernard Madoff ponzi scheme as early as 2000.

Regular Ethisphere readers are aware of a number of issues that have affected Johnson & Johnson in the past, namely the (still ongoing) problems with their Ortho Evra birth control patch. Along those lines, Bloomberg published an interesting story claiming that Johnson & Johnson has paid – at a minimum – $68.7 million in [...]

An amusing story in the Times Online this week reports that uber-advertising company WPP and its former Italian director, Marco Benatti, have privately settled an ongoing dispute involving libel, wrongful termination and interoffice romance.

Two journalists who were arrested last May after reporting on corruption within the Vietnamese government are set to go on trial next week. The two reporters, Nguyen Van Hai and Nguyen Viet Chien, are charged with “abusing freedom and democracy,”

The European Commission announced on Wednesday that it had levied the fourth largest fine against a cartel in the history of the EU. This time, it came out to €676 million and went against the wax industry.

Cephalon agreed to pay $425 million on Monday in order to settle criminal and civil charges filed against the company for the way it marketed three of its drugs – Actiq (a painkiller), Gabitril (an epilepsy drug) and Provigil (a sleeping drug), according to

Just in case you forgot that the U.S. government applies the FCPA to foreign companies that operate within the United States, here is a reminder.

Two NASCAR officials have been fired as part of an ongoing, $225 million, racial and sexual discrimination lawsuit. The two employees, Tom Knox and Bud Moore, are accused by Mauricia Grant of “exposing themselves to her, and making graphic and lewd jokes,” according to

The ongoing Alstom bribery probe has already expanded to at least four continents and possibly uncovered hundreds of millions of dollars in bribes, but insult was added to injury when Swiss prosecutors announced that Alstom’s former compliance officer was arrested for operating a slush fund

The U.S. Department of Justice announced new Departmental guidelines today that repeal restrictions to attorney-client privilege between corporations and their employees embroiled in federal cases. These new guidelines will

Twenty executives from the Egyptian cement industry were fined $1.87 million each after being found guilty of

China knocked the United Kingdom out of the top five countries considered most attractive for investment in renewable energy, according to a quarterly report released by Ernst & Young. In fact, the two countries

According to a new joint study from Stanford University and the University of California Santa Barbara, 97 percent of recent MBA grads are willing to chop $15,000 a year off their starting salary if their

Saturday marked the commencement of a trial in Southern China for the former president of Guangfa Securities, China’s sixth largest stock brokerage firm, over allegations of insider trading that began in 2006. At that time, Chinese authorities accused