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Blogs >> Americas

Steel Company to Improve Pollution Controls

29 Aug 2013
Written by World Watch

The United States (US) Environmental Protection Agency (EPA) has announced that Kentucky-based AK Steel Corporation (AK Steel) is to pay federal and state authorities a total of US$1.65 million to resolve allegations that it breached laws including the Clean Air Act (US) (further information) at an Ashland facility used for AK Steel's production processes.

The United States (US) Department of Justice (DoJ) has announced that RPM International Inc and building materials manufacturing subsidiary Tremco Inc (Tremco) have paid the federal government US$60.9 million to settle allegations that Tremco overcharged on its roofing supplies and services contracts with the government.

Published in Government Contracting

The United States (US) Department of Justice (DoJ) has announced that Mississippi-based laboratory operator and owner Tennie White has been sentenced to 40 months in prison for "lying to federal investigators" and "faking laboratory testing results".

Published in Records Management

The government of Canadian province British Columbia (BC) has announced that Powerex has agreed to pay a number of parties, including the Attorney General and utility companies of the United States (US) state of California (CA), US$273 million as part of a settlement to resolve claims related to the 2000-01 CA energy crisis "that resulted in rolling blackouts and record-high electricity prices".

The United States (US) Federal Trade Commission (FTC) has announced that Florida-based cheque authorisation service company Certegy Check Services Inc (Certegy) is to pay US$3.5 million in what FTC Bureau of Consumer Protection senior attorney Lesley Fair says is "the second-largest civil penalty ever in [a Fair Credit Reporting Act] case". The FTC stated that the settlement follows the FTC's first action alleging breaches of the Furnisher Rule that commenced in 2010.

Published in Consumer Protection

The United States (US) Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) have released Business Continuity Planning (undated), a staff advisory on "business continuity and disaster recovery planning" that follows a review conducted by regulators of the impacts of Hurricane Sandy on business.

The United States (US) Environmental Protection Agency (EPA) has announced that fuel distributing company Wondrack Distributing Inc's (Wondrack) has settled allegations that it exhibited various failures in implementing its oil spill prevention plan for a facility in Washington state.

The United States (US) Securities and Exchange Commission (SEC) has made available the Consent (16 August 2013) of hedge fund adviser Philip Falcone and his firm Harbinger Capital Partners (Harbinger) to admit to and pay a total of over US$18 million to settle allegations of misconduct in connection with two funds.

Published in Financial Integrity

The Office of the Information and Privacy Commissioner (OIPC) for the Canadian province of British Columbia has made available Practical Suggestions for your Organization's Website's Privacy Policy (undated), which "is intended to set out the basics of what an organization should consider when developing a website privacy policy".

The United States Public Company Accounting Oversight Board (PCAOB) has released Proposed Auditing Standards (13 August 2013) for public comment. The PCAOB stated that the proposals "would retain the pass/fail model in the existing auditor's report, but would provide additional information to investors and other financial statement users about the audit and the auditor".

Published in Financial Integrity

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