Justice Dept Criminal Division creates New England Prescription Opioid Strike Force to investigate and prosecute illegal prescriptions of opioids

New England Prescription Opioid Strike Force to Combat Unlawful Prescribing Amidst Continuing Opioid Epidemic The United States Justice Department’s Criminal Division is announcing the formation of the New England Prescription Opioid (NEPO) Strike Force, a joint law enforcement effort that brings together the resources to identify and investigate...
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Securities and Exchange Commission opens new investigation into Ericsson over its handling of reporting on ongoing Iraq corruption issues concerning money allegedly flowing to Iraq state militant group. US DOJ also probing breach of 2019 settlement agreement

The Securities and Exchange Commission (SEC) has opened an investigation into Ericsson’s handling and reporting of its ongoing Iraq corruption issues. The investigation is the latest by the SEC into the Ericsson following its payment of $1.06 Billion The SEC probe relates to Ericsson admitting to...
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Securities and Exchange Commission charges Ernst and Young for cheating by its audit professionals on CPA exams and withholding information from SEC’s Enforcement Division during the investigation. EY to pay $100 Million fine.


The Securities and Exchange Commission charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SEC’s Enforcement Division during the Division’s investigation of the matter. EY admits the facts...
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Carnival Cruise Line settles data breach case brought by 45 states over the release of personal information of 180,000 Carnival customers and employees and pays $1.25 million

Carnival Cruise Line has agreed to pay a $1.25 million settlement over a case brought by 45 state attorneys general and the District of Columbia over a 2019 data breach that involved the personal information of 180,000 Carnival employees and customers nationwide. In March 2020, Carnival, through subsidiaries reported the...
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National Securities Corporation fined $9 million by the Financial Regulatory Authority for omission of material info for public offerings it underwrote

Finra fined National Securities Corporation $9 million for alleged regulatory violations, including that the broker-dealer attempted to artificially influence the market for public offerings it underwrote. Finra accused the firm of negligently omitting material information to investors, making inaccurate representations to Finra, and...
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Do investment banks need to strengthen their data security systems?

Because investment banks are positioned between corporations and financial markets, they help clients issue shares of stock leading into initial public offerings. They also help high-net-worth individuals invest their funds., Because of this, they gather sensitive and valuable financial information about the corporations they serve. According to security intelligence companies, the banking...
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