The DOJ Friday charged the founder of Theranos Inc. and the company’s former chief operating officer with defrauding investors, doctors, and patients with phony claims about supposedly disruptive blood-testing technology.… Continue Reading
Theranos Inc. — once the most valuable medical technology start up in America — is now a slow-motion corporate disaster generating waves of bad news.
It’s a corporate disaster that didn’t need to happen.… Continue Reading
We already talked about some of the biggest compliance and enforcement stories from the year just ended. Here are five more.
Four of these stories show how compliance failures can instantly damage even the world’s best-known brands, that size and power can’t always protect a company or individual, and that in today’s interlocked global economy, graft scandals can spread like a virus.… Continue Reading
Rupert Murdoch’s 21st Century Fox Inc. and News Corp said Monday they won’t be prosecuted by the DOJ for hacking voice mails or making payments to public officials in the UK.… Continue Reading
A covert recording from March seems to capture News Corporation chairman Rupert Murdoch suggesting that bribery is part of the Fleet Street culture.… Continue Reading
News Corp could pay $850 million or more to settle FCPA violations, according to a report Monday by the Guardian.
Michael Wolfe, who reports on media, said:
… Continue Reading
In private conversations, executives at Rupert Murdoch’s News Corp are acknowledging ongoing discussions with the U.S.
The Wall Street Journal, owned by Rupert Murdoch’s News Corp., said it investigated allegations of bribery in China by its employees.
‘The Justice Department last year opened an investigation into allegations that employees at The Wall Street Journal’s China news bureau bribed Chinese officials for information for news articles,’ according to a report published Sunday by the paper.… Continue Reading