Japanese Omron Automotive Electronics (OAE) has agreed to plead guilty and pay $4.6m fine for its involvement in rigging bids for power window switches in Honda Civics, the US department of justice (DoJ) said. The justice department said ...
Tags: OAE, Bid rigging case
The US Department of Justice announced that Continental Automotive Electronics and Continental Automotive Korea have agreed agreed to plead guilty for bid rigging of vehicle equipment sold to vehicle makers in the country. The companies ...
Tags: bid rigging, plead guilty, Auto
Law360, New York July 22, 2014, 7:26 PM ET — Panasonic Corp. and a slew of other companies were hit with yet another class action in California federal court on Tuesday accusing them of conspiring to fix prices on a key component of ...
Tags: Panasonic, Samsung, Electrical, Electronics
It's true the almost five million barrels of oil that contaminated the Gulf of Mexico during the 2010 Deepwater Horizon spill was an ecological nightmare. And residents of the area have complained for the last two years that the chemicals ...
It was considered the largest oil-related natural disaster in the history of the world, so it only follows that the fine would be historic too. Gargantuan oil company BP has agreed to pay the largest criminal penalty in U.S. history for ...
United Steelworkers (USW) International President Leo W. Gerard released the following statement in response to the U.S. Department of Justice’s announcement that an additional nine Japan-based auto parts producers, along with two ...
Tags: Auto Parts, Mineral
Panasonic and its subsidiary Sanyo have agreed to plead guilty to price fixing conspiracies involving laptop battery cells and automotive parts. They will pay a total of $56.5 million in criminal fines, the U.S. Department of Justice said. ...
Tags: Panasonic, Laptop Battery Pack
A Chinese man has pleaded guilty in a U.S. court to selling pirated software used in defense, space and other industries with a retail value of more than US$100 million. Xiang Li, 36, and a partner sold cracked copies of software from ...
Tags: pirated software, cracked copies of software, software, retail
A Chinese man has pleaded guilty in a U.S. court to selling pirated software used in defence, space and other industries with a retail value of more than US$100 million. Xiang Li, 36, and a partner sold cracked copies of software from ...
Tags: Chinese man, U.S.court, software, guilty
Driller Transocean has agreed to pay $1.4 billion in fines and penalties and to plead guilty to one count of violating the Clean Water Act in connection with the 2010 Deepwater Horizon explosion and spill in the Gulf of Mexico, the US ...
Two Romanian men have pleaded guilty to participating in a $10 million scheme to hack into the computers of hundreds of Subway restaurants in the U.S. and steal payment card data, the U.S. Department of Justice said. Iulian Dolan, 28, of ...
Tags: Subway hack, Romanians, Computer Products
By John Lee. A British contractor has agreed to plead guilty to wire fraud conspiracy in a deal to supply vehicles to Iraqi police, according to Associated Press. APTx was to receive $5.7 million as a subcontractor in an August 2004 ...
Tags: fraud, Iraqi police, vehicle, deal
Taipei,Sept.13,2012(CENS)--The United States Justice Department has appealed court for ruling 10 years in prison on AU Optronics Vice Chairman H.B.Chen and its former vice president,H.Hsiung,and US$1 billion in fine on the company for the ...
Tags: Penalty, LCD, Price Fixing, U.S.Justice Department
IDG News Service-The U.S.Department of Justice is recommending that AU Optronics,a Taiwanese maker of LCD panels,pay a US$1 billion fine,and two former executives serve 10 years in prison,for the company's participation in a long-term ...
Tags: DOJ, AU Optronics, LCD price fixing, highest fine
GlaxoSmithKline (GSK) will pay $3bn, which includes a $1bn criminal fine and forfeiture and $2bn to resolve civil claims, in fine and will plead guilty for promoting antidepressants Paxil and Wellbutrin for unapproved uses. The largest ...
Tags: antidepressant, criminal fine, civil claim, health care fraud