Category: enforcement archive

ZURICH (Reuters) – Switzerland has expanded its sanctions against Russia to include additional measures recently taken up by the European Union against Moscow over its ongoing aggression against Ukraine, the Swiss government said on Tuesday. Pointing to a package of measures adopted by the EU against Russia on June 24, the Swiss economy ministry said in a statement that it…

(Reuters) – Similac baby formula maker Abbott is expected to face a trial on Monday over claims that its formula for preterm infants used in neonatal intensive care units causes a potentially deadly bowel disease, the second trial out of hundreds of similar lawsuits in the United States. Lawyers for the company and for Illinois resident Margo Gill will make…

A judge declared a mistrial in the murder trial of Karen Read, the Massachusetts woman accused of drunkenly driving into her police officer boyfriend and leaving him to die in January 2022, in a case featuring accusations of a vast police cover-up and investigative misconduct. And the state trooper who helped lead the investigation – a man who admitted on…

Russia’s state financial watchdog Rosfinmonitoring has added journalist Artyom Kriger to its list of “terrorists and extremists,” his employer SOTAvision reported on Thursday. Russia’s state financial watchdog Rosfinmonitoring has added journalist Artyom Kriger to its list of “terrorists and extremists,” his employer SOTAvisionreported on Thursday. Kriger, 23, was arrested last week on charges related to the “extremism” case against late…

Wikileaks founder, publisher, journalist and DiEM25 founding member, Julian Assange, will reportedly enter into a plea deal with the United States prosecutors and be sentenced with time served.

BRUSSELS, June 24. /TASS/. At a regular meeting of the EU Council foreign ministers of 27 EU countries approved the decision to transfer 1.4 billion euros of profits from Russia’s frozen assets to the European Peace Facility for military assistance to Ukraine, EU foreign affairs chief Josep Borrell told a press conference following the results of the meeting. “The ministers…

WASHINGTON (AP) — The Transportation Department said Thursday that it fined Middle Eastern airline Emirates $1.8 million for flights in regions off-limits to U.S. airlines while it allowed JetBlue Airways to sell seats on the planes. The fine involves a “significant number” of flights from December 2021 to August 2022 that passed over Iraq on their way between the United…

The bloc’s top court also hit Hungary with a €1 million-a-day penalty until the asylum law is fully implemented by the European Court of Justice (ECJ) to pay €200 million ($216 million) for failing to comply with EU asylum rules. In addition to the one-off penalty, the Luxembourg-based court also ruled that Budapest must pay €1 million per day until…

Johnson & Johnson has agreed to pay $700m to settle lawsuits in the United States that accused the pharmaceutical giant of deceiving customers about the safety of its talcum-based powder products. J&J’s payout resolves an investigation by more than 40 US states into the marketing of baby powder and other talc-based products that contained traces of cancer-causing asbestos. “Targeting communities…

NEW YORK – Terraform Labs and its co-founder Do Kwon will pay US$4.47 billion (S$6 billion) to resolve a US Securities and Exchange Commission (SEC) lawsuit over the company’s 2022 collapse, which wiped out US$40 billion in investor assets and shook the cryptocurrency world. The SEC on June 12 asked a federal judge in New York to approve the settlement….

The lead manager in a funds scandal that led to a $6bn settlement between Germany’s Allianz and US authorities has pleaded guilty to investment adviser fraud, two years after two other managers pleaded guilty for their roles in the scheme. The scandal at one of its US asset management units rocked Allianz, one of the world’s biggest insurance groups, casting…

WASHINGTON (AP) — U.S. health officials warned parents to avoid powdered infant formula sold by a Texas dairy producer, because a dangerous bacteria was found in one of the company’s products. The Food and Drug Administration issued the alert Friday on Crecelac Infant Powdered Goat Milk Infant Formula, after a sample collected from a Texas store tested positive for cronobacter,…

It was the first time a former U.S. president was ever tried or convicted in a criminal case, and was the first of Trump’s four indictments to reach trial. Prosecutors accused Trump of falsifying internal business records to cover up hush money payments tied to an alleged scheme to bury stories that might torpedo his 2016 White House bid. At…

BOSTON – Magellan Diagnostics, Inc., a medical device company headquartered in Billerica, Mass., has agreed to resolve criminal charges relating to its concealment of a device malfunction that produced inaccurately low lead test results for potentially tens of thousands of children and other patients.  As part of the criminal resolution, Magellan will plead guilty to violations of the federal Food, Drug and Cosmetics…

NEW DELHI: Canadian PM Justin Trudeau said on Saturday that Canada is a “rule-of-law country” following the arrest of three Indian nationals in a case linked to killing of pro-Khalistan separatist Hardeep Singh Nijjar, a designated a terrorist by India. “This is important because Canada is a rule-of-law country with a strong and independent justice system, as well as a…

A whistleblower who accused a Boeing supplier of ignoring manufacturing defects on the 737 Max died on Tuesday. The former Spirit AeroSystems employee Josh Dean, 45, died after contracting a sudden illness, according to reports by family members on social media, The Seattle Times reported on Wednesday. Josh’s aunt, Carol Parsons, told the outlet that Dean went to the hospital…