The penalty against the corporation was reduced to a total fine of $ 50,000.
This is partly owing to the continued globalisation of commerce, as well as the increasing enthusiasm of some prosecutors to use expansive theories of corporate criminal liability to extract exorbitant
penalties against corporations as a deterrent, and public pressure to hold individuals accountable for the misconduct.
Not exact matches
In 2013, the Federal Court imposed a
penalty of $ 1.35 million
against Japanese cable supplier, Viscas
Corporation, for its part in the conduct.
«We commit to reviewing
penalties and other actions
against professional enablers of tax evasion, including for
corporations that fail to prevent their employees from facilitating tax evasion.
Osborn acted as the agent, or officer, of the state of Ohio, in collecting from the bank, under an act of the state, a tax or
penalty unconstitutionally imposed; and if, in such a case, jurisdiction could be sustained
against the agent of the state, why can it not be sustained
against a
corporation, acting as agent, under an unconstitutional act of Massachusetts, in collecting tolls which belong to the plaintiffs?
Community Rights Counsel Press Release — For more than a decade, Exxon
Corporation (now ExxonMobil) has waged a comprehensive campaign
against punitive damages awards, triggered by the decision of a jury in Alaska to impose a $ 5 billion
penalty on the company for the misdeeds that led to the Valdez oil spill, the worst in the nation's history.
This is separate from the CRTC's power to issue administrative monetary
penalties of up to $ 10,000,000
against offending
corporations, which has been in place since July 1, 2014.»