Herbalife (HLF)-- FTC out with «verdict» on the Pyramid Scheme — NOT a Pyramid scheme BUT
fines company $ 200m and mandates changes to biz practices — does this seem like the company is in the clear?
Although the Supervisory Agency of the Investment in Energy and Mining of Peru has not yet taken action against PETROPERÚ for the recent spills, on February 18
it fined the company $ 3.6 million «for not having adjusted the facilities to maintain the integrity of the pipeline.»
KLEE IRWIN is a man who made a small fortune selling health supplements such as «Colon Clear», although not as much as he would have were it not for a 2011 lawsuit that
fined his company $ 2.65 million for false and misleading advertising, plus the small matter of selling a supplement that contained 14 times the legal limit of lead.
The California Division of Occupational Safety and Health has
fined the company $ 15,000 for failing to make certain that containers do not contain hazardous materials and for failing to properly train workers.
In February, NHTSA started to
fine the company $ 14,000 for every day it didn't fully cooperate with the investigation into the crisis.
In May 2014 the NHTSA
fined the company $ 35 million for failing to recall cars with faulty ignition switches for a decade, despite knowing there was a problem with the switches.
The tapes were the basis of a complaint filed with the U.S. Department of Agriculture, which in 2005
fined the company $ 8,720 for 16 violations.
Although the FCC concluded that Google had not violated any laws, they did
fine the company $ 25,000 for obstructing the investigation.
If the FTC ultimately finds that Facebook broke that agreement, it could
fine the company $ 40,000 for each violation.
HUD recently settled a case against a national mortgage company for committing just that kind of violation and
fined the company $ 370,000.
The fact that consumers did not lose any money from your stupidity, and sentenced you to 1 year in prison and
fined your company $ 100,000 instead of $ 200,000.
Not exact matches
After news broke in November 2006 that Siemens had been involved in a global corruption scandal, involving thousands of acts of bribery in several different countries by hundreds of employees, the
company had its work cut out for it in complying with securities investigations, and paying hefty
fines (about
$ 2.5 billion in total).
Limestone Building Blocks
Company has been handed a
$ 65,000
fine after a worker at its Nowergup manufacturing plant was seriously injured when he became trapped in a block - making machine last year.
Volkswagen has set aside 6.7 billion euros (
$ 7.3 billion) to make its cars comply with emissions rules — but the sum doesn't begin to take into account the
fines, compensation, restitution, and attorneys» fees the
company will eventually have to fork over.
In 2005 the
company agreed to pay a
$ 1.1 million
fine after the EPA alleged that VW had received numerous reports in 1999 and 2000 about a defective exhaust part, which was causing excess carbon monoxide and other dangerous emissions, but failed to report the defect to regulators, as required, until the EPA came across it in a random test.
Thomas Kenyon, president of Pettit
Fine Furniture, in Sarasota, Fla., grew so frustrated with the dearth of good people that he recently declared a 90 - day growth freeze for the
$ 1 - million furniture - manufacturing
company.
In 2011, Wes Welker, then with the Patriots, got the
$ 10,000
fine for wearing a hat promoting energy - bar
company Bonk Breakers in a postgame interview.
The supervisor of Dianella - based building
company Frayson has been
fined $ 15,000 for failing in his duties as a manager and supervisor on work carried out at 20 Perth properties over a 10 - year period.
Seafood producer and one of Western Australia's largest private
companies, Kailis Bros, has been
fined $ 10,800 by the consumer watchdog for misleading conduct.
A Malaga - based window and door furnishing
company and its owner has been
fined nearly
$ 16,000 by the Mandurah Magistrates Court for malpractice.
Fortescue Metals Group has been
fined $ 50,000 over an incident where a worker's legs were crushed an amputated at the
company's Anderson Point facility in 2011.
Midland - based safety barrier
company Yarnell has been
fined $ 20,000, after an employee suffered serious crush injuries to their lower leg and foot.
Companies convicted of significant privacy violations under the GDPR face substantial
fines, ranging up to
$ 20 million or 4 % of worldwide revenue, whichever is greater.
Failed property investment
company Westpoint Group and its director Norm Carey have been ordered to pay
fines and costs totalling
$ 133,000 for making false or misleading representations regarding a residential property development in Rivervale.
WASHINGTON (AP)-- The
company formerly known as Yahoo is paying a
$ 35 million
fine to resolve federal regulators» charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history.
As a part of her settlement, Holmes will step away from the
company and pay a
$ 500,000
fine.
The criminal case follows a Sept. 18 order by a federal judge in Texas that Shavers and his
company pay a total of
$ 40.7 million comprising illegal profit, interest and
fines in a related U.S. Securities and Exchange Commission civil lawsuit.
Any
company tempted to take a «see if they catch me» approach to avoid compliance costs needs to consider this: The
fines for non-compliance can range as high as
$ 20 million (almost U.S.
$ 24 million) or 4 percent of global annual turnover — whichever is greater.
There are
fine points attorneys and CPAs might add — and I'm neither — but for a lot of legal purposes, something is worth what it was last bought and sold for, so this
company is now worth
$ 5 per share.
They are so used to the idea that losing
$ 150,000 in burn rate is «
fine» because they have a funded
company.
It was a PR disaster for AOL, mere months after the
company paid a
$ 1.25 - million
fine for violating an agreement with the Federal Trade Commission regarding — yes — properly processing subscriber cancellation requests.
A
$ 5.6 million
fine and the
company's accession to a three - year «probationary» period.
A Bibra Lake - based transport
company has been
fined $ 30,000 in relation to a workplace incident where a mechanic had his legs crushed under the wheels of a truck trailer driven by one of the directors of the
company.
Daiichi Sankyo's press release comes in the wake not only of Ranbaxy's highly unusual criminal guilty plea and
$ 500 million in
fines and penalties — the largest ever against a generic - drug maker — but also a lengthy Fortune article that exposed for the first time the depth and extent of the fraud charges leveled at the
company and the knowledge of senior
company executives.
Deutsche Bank has spent more than
$ 17 billion paying
fines and settling litigation since the start of 2008, according to
company filings and other disclosures compiled by Bloomberg.
Sure, the SEC concluded that the investment bank had failed to observe «high standards of commercial honor,» and the
company paid
$ 100 million in
fines and «disgorgement,» and CSFB itself punished 19 of its employees with
fines ranging from
$ 250,000 to
$ 500,000.
In 2013, the
company was levied a
$ 666,000
fine for requiring Taiwan's carriers to sell iPhones at prices it had determined.
(Holmes, who agreed to pay a
$ 500,000
fine, forfeit shares, and give up voting control of Theranos, did not admit or deny the allegations; there is also an ongoing federal criminal probe into the
company.)
The North Carolina state Department of Agriculture and Consumer Services conducted the inspections at the Kmart store in Midway Park, North Carolina, and
fined the
company more than
$ 7,000 for the violations, according to WITN.
The
company has already paid a
$ 35 million
fine and is now promising to compensate victims and their families.
Tom Pechacek, general manager of Displaymasters Inc., a
$ 10 - million trade - show - exhibit manufacturer in Minneapolis, was doing
fine in sales but still decided to redefine the
company's product two years ago.
The District Court of Frankfurt has ruled that Uber is not operating within German law, and the ride - hailing
company could face a
fine of 250,000 euros, or
$ 328,000, per violation.
The
company offers more than 45 styles, priced from
$ 55 to
$ 126 and constructed of European linen and other
fine fabrics.
(The
company paid a
$ 185 million
fine and fired more than 5,000 employees who were found to have opened as many as 2 million unauthorized accounts for consumers.
According to the law, any
company with 50 or more full - time workers or full - time equivalents will have to provide health benefits or face
fines of between
$ 2,000 and
$ 3,000 per employee for all but 30 of its full - timers.
Despite the fact that the vast majority of the
company's
$ 85 million in revenue depends on government funding, Virts - Mozer is confident that her firm will make it through the shutdown just
fine.
The
fines can be enormous — up to
$ 1,000,000 for individuals and up to ten times that amount for
companies found in violation of the law.
Government investigators alleged in internal documents that the
company's lack of due diligence could have resulted in nearly 44,000 federal violations and exposed it to
$ 2.3 billion in
fines, according to confidential government records and emails obtained by The Washington Post.»
I've worked with two
$ 25 million
companies: a software firm for which QuickBooks worked just
fine, and one that needed a more robust platform to track hundreds of invoices and payments per day, something the program wasn't built to handle.
He incurred a comparatively measly
fine of
$ 656,000 from the Federal Trade Commission in October for failing to properly report his investments in the
company.