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JPMorgan Chase to Pay $614 Million for Submitting False Claims for FHA-insured and VA-guaranteed Mortgage Loans

The Department of Justice today announced that JPMorgan Chase (JPMC) will pay $614 million for violating the False Claims Act by knowingly originating and underwriting non-compliant mortgage loans submitted for insurance coverage and guarantees by the Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). JPMC […]

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Release of New School Discipline Guidance Package to Enhance School Climate

The U.S. Department of Education (ED), in collaboration with the U.S. Department of Justice (DOJ), today released a school discipline guidance package that will assist states, districts and schools in developing practices and strategies to enhance school climate, and ensure those policies and practices comply with federal law. Even though incidents of school violence have […]

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First Purchase Offers to Facilitate Cobell Land Consolidation Efforts

WASHINGTON, DC – In a major step toward fully implementing the historic Cobell settlement, the Department of the Interior announced today that it has sent initial purchase offers to consolidate ownership of highly fractionated trust lands. Working closely with the Oglala Sioux leadership to facilitate the tribe’s priorities, owners of fractionated land interests at the […]

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FDIC Announces Settlement With American Express Centurion Bank

Today, the Federal Deposit Insurance Corporation (FDIC) announced a settlement with American Express Centurion Bank, Salt Lake City, Utah, (Bank) for unfair and deceptive marketing practices related to credit card “add-on products,” in violation of Section 5 of the Federal Trade Commission (FTC) Act. This action results from a review of the Bank’s credit card […]

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Accretive Health Settles Charges to Protect Consumers’ Personal Information

Accretive Health, Inc., a company that provides medical billing and revenue management services to hospitals around the country, has agreed to settle Federal Trade Commission charges that its inadequate data security measures unfairly exposed sensitive consumer information to the risk of theft or misuse. In its complaint against the Chicago-based business, the FTC alleges the […]

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Abbott Laboratories Pays U.S. $5.475 Million to Settle Kickbacks Claims

Abbott Laboratories has agreed to pay the United States $5.475 million to resolve allegations that it violated the False Claims Act by paying kickbacks to induce doctors to implant the company’s carotid, biliary and peripheral vascular products, the Justice Department announced today. Abbott is a global pharmaceuticals and health care products company based in Abbott […]

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Divestiture from Gannett Co. Inc. in Order to Proceed with Its Acquisition of Belo Corp.

The Department of Justice announced today that it will require Gannett Co. Inc., Belo Corp. and Sander Media LLC to divest their interests in KMOV‑TV, a CBS affiliate in St. Louis, in order to proceed with Gannett’s acquisition of Belo, and Sander’s related acquisition of six Belo television stations that Gannett cannot hold under Federal […]

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US Airways and American Air Divest At Airports

The Department of Justice today announced that it is requiring US Airways Group Inc. and American Airlines’ parent corporation, AMR Corp. to divest slots and gates at key constrained airports across the country to low cost carrier airlines (LCCs) in order to enhance system-wide competition in the airline industry resulting in more choices and more […]

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How does the health care law protect me? (1)

Rights & Protections Whether you need health coverage or have it already, the health care law offers new rights and protections that make coverage fairer and easier to understand. Some rights and protections apply to plans in the Health Insurance Marketplace or other individual insurance, some apply to job-based plans, and some apply to all health […]

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Employee Stock of $4m Recovered By USLD

SAN FRANCISCO — The U.S. Department of Labor today announced that it obtained a consent order requiring the fiduciaries of the Parrot Cellular Employee Stock Ownership Plan to pay $4,181,818 to the plan. The settlement resolves a suit filed in April 2012 after an investigation by the department’s Employee Benefits Security Administration found violations of […]

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