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Hyundai Found Guilty of Violating The Norms in India
Jul 30, 2015The Competition Commission of India (CCI) has taken to task Hyundai Motor India for not conforming to the provisions of Competition Act, 2002, slapping fines worth $66m on the South Korean automaker. Two other automakers, namely, Mahindra ...
Tags: Hyundai Motor, Electric Car
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Prince George's County School District Resolved Alleged Violations of Federal Regulations
Aug 20, 2014PHILADELPHIA (August 19, 2014) -- In a consent agreement with EPA, the Prince George’s County School District in Maryland has resolved alleged violations of federal regulations on the management of asbestos materials in school ...
Tags: EPA, Prince Georges, Service, Certification
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Forman Mills Has Agreed to Pay a $600,000 Civil Penalty
Apr 8, 2014The U.S. Consumer Product Safety Commission (CPSC) announced today that Forman Mills Inc., of Pennsauken, N.J., has agreed to pay a $600,000 civil penalty. The penalty agreement has been accepted provisionally by the Commission in a 3-0 ...
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ArthroCare of Austin, TX Will Pay $30 Million to Settle Securities Fraud-Related Charges
Jan 10, 2014ArthroCare Corp. of Austin, TX will pay $30 million to settle securities fraud-related charges with the U.S. Department of Justice, the DOJ recently announced. Federal prosecutors say shareholders lost more than $400 million in mid-2008 ...
Tags: Surgical Instruments, Arthrocare, Fraud Case Securities
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US CFPB Has Penalizes RMIC for Allegedly Paying Illegal Kickbacks
Nov 19, 2013The US Consumer Financial Protection Bureau (CFPB) has imposed a monetary penalty of $100,000 on Republic Mortgage Insurance Corporation (RMIC) for allegedly paying illegal kickbacks to mortgage lenders in exchange for business. In a ...
Tags: Insurance, Kickbacks Practices
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Kansas Imposed a Monetary Penalty of $9,000 Against an Ohio-Licensed Insurance Marketing
Sep 13, 2013Kansas Insurance Department has imposed a monetary penalty of $9,000 against an Ohio-licensed insurance marketing firm, Lead Generating Systems, for its unlawful insurance marketing practices. While issuing a cease and desist order, ...
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US Insurance Regulators Signed a Settlement Agreement with Ing Over Its Improper
Aug 22, 2013The California Department of Insurance and other state insurance regulators have signed a settlement agreement with ING over its improper use of the Social Security Administration's Death Master database. In order to settle the charges, ...
Tags: Insurance, Department of Insurance
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Walgreens Has Agreed to Reimburse a Monetary Penalty of $80m to The US DEA
Jun 14, 2013US-based drug store chain Walgreens has agreed to reimburse a monetary penalty of $80m to the US Drug Enforcement Administration (DEA) to settle the charges of violating federal regulations governing the distribution of prescription ...
Tags: Walgreens, Illegal Prescription
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OEM Contracts in China Can Be a Bit of a Minefield
Mar 5, 2013Handling original equipment manufacturing (OEM) contracts in China can be a bit of a minefield, especially for the new-to-China business. Stories of molds and design IP being ripped off and then sold by your own supplier are legendary. Here ...
Tags: Focus Vision, China, Common Issues, OEM
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The Nursing and Midwifery Council Has Been Fined £150,000 by The Ico
Feb 19, 2013The Nursing and Midwifery Council has been fined £150,000 by the Information Commissioner's Office (ICO) for breaching the Data Protection Act. Three DVDs containing confidential information about two children went missing during ...
Tags: Data Protection Act, Nursing and Midwifery Council, ICO
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ICO Claims to Be About Helping Organisations to Do The Right Thing
Dec 31, 2012The Information Commissioner's Office(ICO)claims to be about helping organisations to do the right thing,yet it punishes organisations that report breaches.But does this make sense?Is this really a good policy? The best-known case is the ...
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Stoke-on-Trent City Council Is Fined 120,000 by ICO for Breaching The Data Protection Act
Dec 24, 2012Stoke-on-Trent City Council has been fined 120,000 by the Information Commissioner’s Office (ICO) for breaching the Data Protection Act. A solicitor that worked within the organisation was found to have sent 11 emails containing ...
Tags: ICO, ata Protection Act, company news, offending emails
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Ireland Has Imposed a Monetary Penalty of?2.45m Against Aviva's Two Subsidiaries
Dec 20, 2012The Central Bank of Ireland has imposed a monetary penalty of€2.45m against Aviva's two subsidiaries Aviva Insurance Europe and Aviva Life&Pensions Ireland,for violating rules pertaining to stock lending. As per the settlement ...
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ICO Imposed 175,000 on NHS Trust in Torquay
Dec 18, 2012The Information Commissioner's Office (ICO) has imposed a monetary penalty of 175,000 on an NHS Trust in Torquay after the sensitive details of over 1,000 employees were published accidentally on the Trust’s website. Staff at ...
Tags: ICO, penalty, Torbay Care Trust, website safety
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NHS Trust Is Hit with Pound 325,000 Monetary Penalty for Breaching Data Protection Act
Dec 18, 2012The Brighton and Sussex University Hospitals NHS Trust has been hit with pound 325,000 monetary penalty for breaching the Data Protection Act. The penalty is the highest since the Information Commissioner's Office (ICO) was granted the ...