20 January 2017 – At least 45,000 people – mostly women and children – have arrived in Senegal from The Gambia after former President Yahya Jammeh’s decided to not step down, United Nations agencies today said warning that more people may leave if the political situation is not resolved peacefully. “Over 75 per cent of […]
WASHINGTON – Today U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy joined U.S. Attorney General Loretta E. Lynch at a press conference at the U.S. Department of Justice to announce that Volkswagen AG (VW) has agreed to plead guilty to three criminal felony counts, and pay a $2.8 billion criminal penalty, as a result of […]
SAN FRANCISCO – The U.S. Department of Labor has filed a lawsuit to require Google Inc. to provide requested compensation data and documents for the multinational company’s Mountain View headquarters as part of a routine compliance evaluation. The Office of Federal Contract Compliance Programs asked the technology giant to submit information in September 2015 about […]
General Cable Corporation, a Kentucky-based manufacturer and distributor of cable and wire, entered into a non-prosecution agreement and agreed to pay a $20 million penalty, reflecting a 50 percent reduction off the bottom of the U.S. Sentencing Guidelines fine range, to resolve the government’s investigation into improper payments to government officials in Angola, Bangladesh, China, […]
On his first day at the helm of the United Nations, Secretary-General António Guterres today pledged to make 2017 a year for peace. “On this New Year’s Day, I ask all of you to join me in making one shared New Year’s resolution: Let us resolve to put peace first,” said Mr. Guterres in an […]
PHILADELPHIA, – The firm of Feldman Shepherd Wohlgelernter Tanner Weinstock Dodig LLP represents the families of three toddlers who were killed by IKEA furniture tip-overs. Curren Collas, age 2, was crushed to death by the tip-over of a six-drawer MALM dresser in the bedroom of his home in West Chester, Pennsylvania. Camden Ellis was the […]
The United States Department of Justice today filed a civil complaint in the Eastern District of New York against Barclays Bank PLC and several of its United States affiliates (together, Barclays), alleging that Barclays engaged in a fraudulent scheme to sell residential mortgage-backed securities (RMBS) supported by defective and misrepresented mortgage loans. As alleged in […]
Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) has reached a settlement in principle with the Department of Justice in the United States (“DoJ”) regarding civil claims that the DoJ considered in connection with the bank’s issuance and underwriting of residential mortgage-backed securities (RMBS) and related securitization activities between 2005 and 2007. Under the terms […]
Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) confirms that it has commenced negotiations with the Department of Justice in the United States (“DoJ”) with a view to seeking to settle civil claims that the DoJ may consider in connection with the bank’s issuance and underwriting of residential mortgage-backed securities (RMBS) and related securitization activities […]
WASHINGTON— The Office of the Comptroller of the Currency (OCC) today assessed a $35 million civil money penalty against Wells Fargo Bank, N.A., and ordered the bank to make restitution to customers who were harmed by the bank’s unsafe or unsound sales practices. The sales practices the OCC found to be unsafe or unsound included […]
