DOJ
Boeing offered 737 MAX plea deal, lawyer of crash victims' families says
The US Justice Department has offered Boeing a plea deal to avoid trial over the two deadly 737 MAX crashes, causing outrage among victims' families. The deal reportedly includes a fine and oversight by an external supervisor. Families, represented by lawyer Paul Cassell, strongly oppose the agreement and are prepared to contest it in court if Boeing accepts. Boeing, contacted by AFP, declined to comment. The DOJ previously considered prosecuting Boeing for violating a prior deferred prosecution agreement related to the crashes that claimed 346 lives.
US prosecutors meeting with Boeing, crash victims as criminal charging decision looms, sources say
U.S. prosecutors are in discussions with Boeing and the families of crash victims ahead of a July 7 deadline to decide on potential criminal charges against the company. This follows Boeing's alleged violation of a 2021 deferred prosecution agreement related to two fatal 737 MAX crashes in 2018 and 2019. Boeing contends it has adhered to the agreement, but prosecutors argue otherwise. The Justice Department is also meeting with victims' families for their input as they weigh their decision.
Boeing in talks with US Department of Justice to resolve charges over safety lapses
Boeing Co. is in talks with the US Justice Department to resolve potential charges related to the 737 Max crashes. The settlement may include a corporate monitor. DOJ prosecutors seek charges, but it's uncertain if Boeing will plead guilty. Challenges continue with ongoing investigations and financial strains.
US charges 193 people in USD 2.7 billion healthcare fraud
Nearly 200 individuals have been charged in a nationwide operation investigating false health care claims amounting to approximately USD 2.75 billion in losses, according to information from the Department of Justice reported by The Hill on Thursday. The DOJ's 2024 National Health Care Fraud Enforcement Action has led to charges against 193 defendants, including 76 doctors, nurse practitioners, and other licensed medical professionals across 32 federal districts in the country.
US prosecutors recommend DOJ criminally charge Boeing as deadline looms
U.S. prosecutors recommend criminal charges against Boeing for allegedly violating a 2021 settlement related to two fatal 737 MAX crashes. The Justice Department must decide by July 7 whether to prosecute. The 2021 deal, which included a $2.5 billion settlement, protected Boeing from a fraud conspiracy charge if it overhauled compliance practices. Prosecutors argue Boeing breached this agreement. Potential resolutions include extending the settlement, new terms, or criminal charges. Boeing, disputing the breach, may accept penalties but resists a guilty plea due to potential business impacts. Families of crash victims urge significant fines and prosecution.
Judge rules Google will not face jury trial in US digital ads case
Google avoids jury trial by paying $2.3 million to U.S. government for alleged digital advertising dominance, preventing the first-ever civil antitrust case jury trial by the Justice Department and states suing the tech giant.
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Cannabis stocks rally after DOJ proposal to reclassify marijuana
Under the proposal, cannabis would be reclassified from a so-called Schedule I drug, which are considered highly additive with no medical benefits, to a Schedule III, signifying it has moderate to low potential for physical and psychological dependence.
FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distribution
FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused hedge fund controlled Sam Bankman-Fried, FTX Ventures businesses, and litigation claims.
After long peace, Big Tech faces US antitrust reckoning
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business. Washington had largely remained silent on Big Tech cases since its wars with Microsoft that began in the 1990s and ended in a settlement in the early 2000s, after a bruising battle with the DOJ.
Consumers sue Apple, taking page from US Justice Department lawsuit
At least three proposed class actions have been filed since Friday in California and New Jersey federal courts by iPhone owners who claim Apple inflated the cost of its products through anticompetitive conduct.
Google, Apple breakups on the agenda as global regulators target tech
Antitrust regulators target Big Tech like Apple and Google, considering break-up orders due to alleged anti-competitive practices. Companies may face break-ups or fines as regulators aim to restore competition and innovation in the market.
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's Windows operating system two decades ago, and the government as a result may face a tougher time in taking on Apple, legal experts said.
US soil being used for terrorist activities against India: Community leaders tell DOJ and FBI
Eminent Indian Americans in Silicon Valley met with US officials to discuss terrorist activities against India and hate crimes targeting Hindus. Dissatisfaction was expressed with law enforcement's inaction against threats posed by the Khalistan movement.
TikTok divestment bill would give government stronger legal position: US DOJ
The Justice Department gave a classified briefing to members of the House Energy and Commerce Committee on Thursday before the panel voted 50-0 on a bill to give ByteDance six months to divest short video app TikTok or face a US ban.
Apple met with DOJ officials to avoid antitrust lawsuit
Antitrust enforcers, probing the company since 2019, allege that Apple has imposed software and hardware limitations on its iPhones and iPads to impede rivals from effectively competing.
DOJ, FTC push to investigate Microsoft's OpenAI partnership: report
Microsoft's tie-up with the ChatGPT maker has raised antitrust scrutiny after the US software giant committed to invest over $10 billion into OpenAI last year.
US judge signs off on Binance, former chief Changpeng Zhao's plea deals with DOJ
In November, Binance agreed to pay over $4.3 billion and pleaded guilty to breaking US anti-money laundering and sanctions laws. Zhao also pleaded guilty and awaits sentencing in February.
Apple agrees to $25 million settlement with US over hiring of immigrants
The Justice Department in a statement said Apple did not recruit US citizens or permanent residents for jobs that were eligible for a federal program allowing employers to sponsor immigrant workers for green cards, in violation of a federal law that bars discrimination based on citizenship.
US judge will not order DOJ official to stay out of Google antitrust lawsuit
In November 2021, Google asked the Justice Department to consider requiring Jonathan Kanter, assistant attorney general in charge of antitrust, to recuse himself because of his work for a long list of Google critics.
Glenmark to pay $30 million in an antitrust settlement in US over cholesterol drug pricing
The company in an exchange notification said that it has entered into a three-year deferred prosecution agreement, and if the company adheres to the terms of the agreement, including the payment of $30 million, payable in six installments, the DOJ will dismiss the pending superseding indictment.
Glenmark settles drug pricing case with US Department of Justice
US-based Glenmark Pharmaceuticals Inc, a subsidiary of the company, has entered into a three-year deferred prosecution agreement with DOJ involving historical pricing practices by former employees relating to the generic drug pravastatin between 2013 and 2015
Visa’s pricing of token technology under DOJ probe: report
The DOJ's antitrust probe against Visa, which began in early 2021, is investigating if the company uses anticompetitive practices in the debit card market.
Donald Trump has cost Elon Musk's X a whopping $350,000: here's what happened?
"X," formerly known as Twitter, has been fined $350,000 due to its association with the US Department of Justice (DOJ). The DOJ had obtained a search warrant targeting former President Donald Trump's Twitter account, with Twitter receiving a nondisclosure order. The company opted to engage in a legal battle against the nondisclosure order instead of producing the materials stipulated by the warrant. "X" eventually complied with the search warrant, but its delayed response resulted in the $350,000 fine. The court dismissed "X's" appeals, leaving the company with no option but to pay the financial penalty.
US DOJ to crackdown on crypto exchanges, NCET director says
The U.S. cryptocurrency enforcement tsar has said that the country was stepping up scrutiny of crypto exchanges to target illicit behavior on the platforms, the Financial Times reported on Monday.
US is going to hell: Donald Trump tears into Biden administration
Trump faces criminal charges for his alleged role in 36 felony criminal charges including the hush money payment made to adult film star Stormy Daniels during his 2016 campaign to conceal an alleged affair that he has constantly denied. In the statement, the attorney mentioned three instances of the 'catch and kill' scheme in Donald Trump's indictment.
Judge halts Voyager Digital's $1.3 billion sale to Binance.US
US District Judge Jennifer Rearden in Manhattan ruled Monday that the sale should be put on hold, overruling Voyager's argument that a delay could cause Binance.US to back out of the deal entirely.
Google denies destroying 'chat' evidence in US antitrust lawsuit
The Justice Department last month alleged Google failed to preserve certain internal corporate "chat" communications.
US DOJ poised to sue Google over digital ad market dominance: report
The lawsuit would be the second federal antitrust complaint filed against Google, alleging violations of antitrust law in how the tech giant acquires or maintains its dominance.
Uber, US DOJ settle lawsuit on overcharging people with disabilities
As part of the agreement, Uber said it was committed to waive wait-time fees for riders who certified they needed more time to get to the car because of their disability.
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