SAI Global GRC Community

GRC COMMUNITY
Building Organizational Integrity.
Blogs >> Americas

The United States (US) Equal Employment Opportunity Commission (EEOC) has announced that grocery store franchise Fred Meyer is to pay seven workers a total of US$487,500 and provide them with further relief to settle sexual harassment charges.

The United States (US) Department of Justice (DoJ) has announced that five companies and two individuals have paid a total of almost US$1.9 million to settle allegations that they "misrepresent[ed] their disadvantaged small business status in connection with military construction contracts".

Published in Government Contracting

The United States (US) Attorney's Office for the Southern District of New York (the Office) has announced that the US District Court has sentenced SAC Capital Advisors and other entities associated with affiliated hedge funds known collectively as the SAC Hedge Fund, after they pleaded guilty to insider trading.

Published in Insider Trading

Bank of America (BofA) has announced that it has reached an agreement with the following United States (US) regulators to "resolve issues related to the marketing and sale of credit card debt cancellation products and billing of identity theft protection products, including those marketed and billed by its vendors":

Published in Consumer Protection

The United States (US) Department of Justice (DoJ) has made available the testimony (8 April 2014) of Attorney General Eric Holder before the House of Representatives Committee on the Judiciary. Mr Holder discusses, among other things, the emergence of virtual currencies such as Bitcoin, commenting that they "pose challenges for law enforcement given the appeal they have among those seeking to conceal illegal activity".

Published in Anti-Money Laundering

The United States (US) Department of Labor Occupational Safety and Health Administration (OSHA) has announced that real estate developer Olivet Management (Olivet) faces more than US$2.3 million in proposed fines after having been cited for "exposing [Olivet] employees, as well as employees for 13 contractors, to asbestos and lead hazards during cleanup operations in preparation for a tour of [an Olivet-managed site] by potential investors".

The United States (US) Equal Opportunity Commission (EEOC) has announced that WW Group Inc (Weight Watchers) is to pay US$45,000 and furnish other relief to settle claims that one of its offices breached US federal law by "refus[ing] to hire an applicant as a group leader because she was pregnant".

The United States (US) Environmental Protection Agency (EPA) has announced that Anadarko Petroleum Corp (Anadarko), Anadarko subsidiary Kerr-McGee Corp (Kerr-McGee) and Kerr-McGee affiliates have agreed to pay US$5.15 billion, including approximately US$4.4 billion to fund environmental clean-up activities and for environmental claims, to settle a fraudulent conveyance case.

The United States Federal Trade Commission (FTC) has announced that it has approved Decision and Order (3 April 2014), which "settl[es] charges that [NEW Plastics Corp (NEW)] ... misled consumers and distributors about the recycled content, post-consumer recycled content, and recyclability of its products".

Published in Consumer Protection

The United States (US) Securities and Exchange Commission (SEC) has announced that it has collected additional funds in one of the first cases opened under its whistleblower program, which will provide a further payment of US$150,000 for the program's first award recipient.

© 2013 SAI Global Limited ABN 67 050 611 642

Login

LOG IN

Register

User Registration
or Cancel