Compliance News
By The FCPA Blog on Tuesday, January 24, 2023.
Don't laugh. It has taken only ten years for the pipe dream of routine and reusable space travel to become a ho-hum, near-daily reality, thanks primarily to Elon Musk's SpaceX. Assuming similar progress over the next twenty years, what are the implications - out there - for compliance?
By The Compliance & Ethics Blog on Tuesday, January 24, 2023.
On December 7, 2022 The Speak Out Act became law. Stephen Paskoff, the President and CEO of ELI explains that the law was spurred by the #MeToo movement and the Non-Disclosure Agreements (NDAs) that limited recourse available for victims. It was designed to make it easier for victims to come forward, and for improper behavior to remain hidden.
By The FCPA Blog on Monday, January 23, 2023.
Switzerland-based mining and commodities giant Glencore plc landed on the FCPA Blog's top ten last year when it paid $700 million to settle widespread FCPA offenses. How does its anti-corruption and bribery policy compare?
By SEC Press Releases on Monday, January 23, 2023.
The Securities and Exchange Commission today announced settled charges against Bloomberg Finance L.P. (Bloomberg) for misleading disclosures relating to its paid subscription service, BVAL, which provides daily price valuations for fixed-income, which provides daily price valuations for fixed-income securities to financial services entities.
By US Department of Justice, News on Friday, January 20, 2023.
A federal jury in the Northern District of Illinois convicted a Chicago man yesterday for participating in a conspiracy to pay approximately $25 million in illegal kickbacks to generate business for his durable medical equipment pharmacy.
By US Department of Justice, News on Friday, January 20, 2023.
Medical device manufacturer DePuy Synthes, Inc. (DePuy), a subsidiary of Johnson & Johnson, has agreed to pay $9.75 million to resolve allegations it violated the False Claims Act by paying kickbacks to an orthopedic surgeon based in Massachusetts to induce his use of DePuy products.
By NIH News Feed on Friday, January 20, 2023.
Federal study findings help understand effects of expanding access to treatment for opioid use disorder.
By SEC Press Releases on Friday, January 20, 2023.
The Securities and Exchange Commission today charged Avraham Eisenberg with orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token, a so-called governance token that was offered and sold as a security.
By SEC Press Releases on Friday, January 20, 2023.
The Securities and Exchange Commission is seeking candidates for appointment to the Small Business Capital Formation Advisory Committee to provide advice and recommendations on Commission rules, regulations, and policy matters relating to small businesses, including smaller public companies.
By US Department of Justice, News on Thursday, January 19, 2023.
The Justice Department announced today that it has reached a settlement agreement with Corp IV Holdings Inc., doing business as Masterson Staffing Solutions (Masterson Staffing), a staffing company based in Minnesota. The agreement resolves the department's determination that Masterson Staffing violated the Immigration and Nationality Act (INA) by routinely discriminating against its non-U.S. citizen workers when checking their permission to work in the United States.
By SEC Press Releases on Thursday, January 19, 2023.
The Securities and Exchange Commission today charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP).
By SEC Press Releases on Thursday, January 19, 2023.
The Securities and Exchange Commission today announced three awards totaling approximately $18 million to three whistleblowers whose information and assistance led to a successful enforcement action.
By The Compliance & Ethics Blog on Thursday, January 19, 2023.
Perhaps the biggest non-Covid change in the corporate landscape over the last few years has been the growth of the Environmental Social and Governance (ESG) movement and its call to measure business on more than P&L statements. While some consider it a passing phase, Stuart Pardau, Associate Professor of Business Law, Professional Practice at Miami Herbert Business School at the University of Miami, thinks it is here to stay.
