In a significant development, Fiat Chrysler Automobiles NV stated, it could potentially face costs up to $840 million (722 million euros) to resolve a Justice Department investigation into excess diesel emissions. In a statement FCA said, the impact of a… Read More ›
In a statement, the U.S. Department of Justice stated, Gilead Sciences Inc has agreed to settle allegations that it improperly used the Caring Voice Coalition as a conduit to cover thousands of patients’ co-payment obligations and has agreed to pay… Read More ›
On Wednesday, in a statement Swiss private Julius Baer said, it is in advanced negotiations with the U.S. Department of Justice over alleged money laundering and corruption involving FIFA; the development is likely to lead to a double-digit million U.S…. Read More ›
In a statement, the U.S. Department of Justice said, it has charged Daniel Kamensky, New York-based hedge fund Marble Ridge Capital LP’s founder, with pressuring a rival not to bid for assets related to Neiman Marcus’ bankruptcy so that he… Read More ›
The U.S. Justice Department has charged Teva Pharmaceutical Industries Ltd with charges including colluding to conspire with competitors to raise prices of widely used generic drugs, high cholesterol drug. “Today’s charge reaffirms that no company is too big to be… Read More ›
In a statement, the U.S. Department of Justice said, Novartis AG has agreed to settle U.S. government charges that it had made illegal transfers, in the nature of kickbacks, to doctors and patients, in order to boost drug sales. Swiss… Read More ›
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
In a statement the U.S. Department of Justice stated, the Swiss private banking unit of HSBC Holdings Plc will be paying $192.4 million to resolve a U.S. probe of its role in helping wealthy Americans evade taxes by using undeclared… Read More ›
The development underscores U.S. due diligence on recovering tax dues by its citizens. Nowhere to run, nowhere to hide from U.S. tax authorities. In a significant development, the U.S. Department of Justice (DOJ) stated, Zurich Insurance will pay a penalty… Read More ›
This is the first time HSBC’s internal probe has been made publicly available. As per an internal probe by HSBC Holdings PLC into Huawei Technologies’ dealings with a suspected front company in Iran found that China’s Huawei maintained close financial… Read More ›
manageria.biz 