Corporate crime

FILE - In this Sept. 12, 2019 file photo, U.S. Rep. Chris Collins, R-N.Y., speaks to reporters as he leaves the courthouse after a pretrial hearing in his insider-trading case, in New York. Collins is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins submitted a resignation letter Monday, Sept. 30, 2019 according to a spokesman for House Speaker Nancy Pelosi. It will take effect when Congress meets in a brief session on Tuesday. (AP Photo/Seth Wenig, File)
October 01, 2019 - 6:55 am
NEW YORK (AP) — Former U.S. Rep. Chris Collins is expected to plead guilty in an insider trading case Tuesday, a day after saying he was quitting Congress. The Republican from western New York is accused of leaking confidential information about a biopharmaceutical company, allowing his son and...
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September 30, 2019 - 2:07 pm
SAN FRANCISCO (AP) — A California man who operates tours for Chinese students and visitors was charged with being an illegal foreign agent and delivering classified U.S. national security information to officials in China, U.S. government officials announced Monday. U.S. Attorney David L. Anderson...
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September 30, 2019 - 8:49 am
NEW YORK (AP) — Court records say a Republican congressman from western New York is expected to plead guilty in a criminal case accusing him of insider trading. A federal judge in Manhattan has scheduled a hearing Tuesday afternoon for U.S. Rep. Chris Collins to enter a guilty plea in a case...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
September 27, 2019 - 10:54 am
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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September 24, 2019 - 3:53 pm
NEW YORK (AP) — Data-measurement firm Comscore has settled fraud charges with the Securities and Exchange Commission and will pay a $5 million penalty. Its former CEO, Serge Matta, will also pay $700,000 and give Comscore back $2.1 million from his pay and sales of company stock. He is also barred...
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FILE - In this Monday, Jan. 14, 2019, file photo, Herbert Diess, CEO, Volkswagen AG, speaks during media previews for the North American International Auto Show in Detroit. German prosecutors say they have charged Volkswagen chief executive Herbert Diess and chairman Hans Dieter Poetsch, along with former CEO Martin Winterkorn, with market manipulation in connection with the diesel emissions scandal that erupted in 2015. (AP Photo/Paul Sancya)
September 24, 2019 - 4:25 am
BERLIN (AP) — The Latest on the charges brought against Volkswagen's bosses (all times local): 1:25 p.m. Volkswagen's board of directors is convening to discuss the next steps in light of indictments against current CEO Herbert Diess and board chairman Hans Dieter Poetsch on charges of securities...
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Display cars are parked at a Volkswagen dealership in Sydney, Monday, Sept. 16, 2019. Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday. (AP Photo/Rick Rycroft)
September 24, 2019 - 3:19 am
BERLIN (AP) — German prosecutors say they have charged Volkswagen CEO Herbert Diess and chairman Hans Dieter Poetsch, along with former CEO Martin Winterkorn, with market manipulation in connection with the diesel emissions scandal that erupted in 2015. Prosecutors in Braunschweig said Tuesday that...
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September 23, 2019 - 1:23 pm
NEW YORK (AP) — An investment banker whose insider trading conviction was overturned by an appeals court was convicted again at a second trial Monday by a jury that reached a speedy verdict. The Yale-educated Sean Stewart, 38, of North Merrick, was convicted of charges including securities fraud...
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September 23, 2019 - 8:16 am
WASHINGTON (AP) — Nissan has agreed to pay $15 million and its former chairman Carlos Ghosn is paying $1 million to settle federal regulators' civil fraud charges of hiding from investors more than $140 million in compensation and retirement benefits for Ghosn. The Securities and Exchange...
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House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., leads his panel to approve guidelines for impeachment investigation hearings on President Donald Trump, on Capitol Hill in Washington, Thursday, Sept. 12, 2019. (AP Photo/J. Scott Applewhite)
September 13, 2019 - 6:34 am
WASHINGTON (AP) — House lawmakers investigating the market dominance of Big Tech are asking Google, Facebook, Amazon and Apple for a broad range of documents including internal communications. Letters went out to the four companies on Friday from the leaders of the House Judiciary Committee and its...
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