The United States Department of Justice is under fire from civil rights activists who are fed up with DOJ policies that issue fines and fees for minor offenses. These budget-driven policies can be crippling to […]
Tag: Fines
Citigroup Fined Again, This Time For Lying To Hedge Fund Investors
Two Citigroup Inc. associates will pay $179.5 million to determine federal regulators’ charges of confusing investors in hedge funds that collapsed. On Monday, the Securities and Exchange Commission publicly declared the resolution with Citigroup Alternative […]
Uber’s Legal Troubles Continue After Million Dollar Fine For Illegal Operations In Taiwan
Uber is expected to pay a fine amounting to U.S. $1 million for improper registration, which has ignited a public backlash in favor of Uber’s activities in the City. The government of Taiwan has imposed […]
Citigroup To Pay Yet Another Multi-Million Dollar Fine Over Illegal Conduct
The Consumer Financial Protection Bureau (CFPB) has ordered Citigroup to refund $700 million to customers and slapped the institution with $70 million in fines for “illegal and deceptive credit card practices”. The penalties are the […]
Google Will Get Massive Fine From The European Union For Abuse Of Competitive Position
The European Union made clear on Monday that it intends to levy fines on Google Inc. large enough to act as a deterrent to other monopolies as punishment for squeezing out rivals in the comparison […]