The United States Court of Appeals for the Second Circuit on Thursday affirmed the dismissal of lawsuit filed by a former Siemens compliance officer in China who said the company retaliated against him after he internally reported alleged corrupt sales practices.… Continue Reading
A former CEO of red-light camera operator Redflex Traffic Systems was indicted Wednesday on charges she and a top Chicago official conspired to rig the traffic camera business for a decade.… Continue Reading
Father and son hedge fund managers who invested some of their clients’ money with jailed swindlers Bernie Madoff and Tom Petters, agreed to plead guilty Tuesday to criminal charges that they lied about their investment record, the U.S.… Continue Reading
A subsidiary of the leading Chinese consumer electronics producer TCL Corporation allegedly bribed a government official in Guangdong province in exchange for government subsidies.
The allegation was aired during the corruption trial of Yang Xue, former head of the Electronics Division under the Guangdong Provincial Economic & Information Commission.… Continue Reading
The former mayor of Progreso, Texas and his two sons have been sentenced following their convictions for a bribery scheme that involved the local school board, the U.S. Attorney’s Office for the Southern District of Texas said.… Continue Reading
McKesson Corporation agreed to pay $18 million to resolve allegations that it improperly set temperature monitors used in shipping vaccines under its contract with the Centers for Disease Control and Prevention (CDC), the DOJ said Friday.… Continue Reading