Compliance & Ethics

FCA Steps Up Case Against Hartley Pensions as Allegations Around Misused Pension Funds Emerge

The UK’s financial regulator is moving closer to formal enforcement action against Hartley Pensions Limited and an individual linked to the firm, laying out allegations that cut to the heart of trust in pension management.

Latitude Finance Fined $2.61 Million as Repeat Spam Breaches Draw Regulator Scrutiny

Latitude Finance Australia is back in the regulatory spotlight, this time with a $2.61 million (AUD $3.96 million) penalty after Australia’s communications regulator found the lender breached spam laws more than 2.7 million times.

IBM Reaches $17 Million Settlement in First Test of DOJ’s Civil Rights Fraud Initiative

IBM has agreed to pay just over $17 million to resolve allegations that its employment practices violated anti-discrimination requirements tied to its federal contracts, according to an announcement from the U.S. Department of Justice on Friday.

FTC Targets ‘Passive Income’ Promises as Publishing.com Agrees to $1.5 Million Settlement

Publishing.com has agreed to pay $1.5 million to settle allegations brought by the Federal Trade Commission that it misled consumers about how much money they could earn through its online self-publishing programs.

StubHub to Refund $10 Million After FTC Targets Hidden Ticket Fees

The Federal Trade Commission has secured a $10 million settlement with StubHub, forcing the ticketing giant to refund consumers after regulators found it failed to clearly show the true cost of tickets upfront.

DOJ Opens Antitrust Probe Into NFL as Cost & Access Questions Mount

The U.S. Department of Justice has quietly opened an antitrust investigation into the National Football League, turning fresh scrutiny on how America’s most powerful sports league sells its games and what that means for fans trying to watch them.

Electro Optic Systems Fined $2.83 Million for Disclosure Lapse That Left Investors in the Dark

There’s a difference between getting it wrong and waiting too long to admit it. For Electro Optic Systems Holdings Limited, that delay has now cost the company $2.83 million (AUD $4 million) after the Federal Court found it failed to promptly update the market on a sharp downgrade to its 2022 revenue outlook.