Florida Power & Light agrees to $25 million penalty for 2008 blackout, agrees to enhancementsOctober 8th, 2009 FPL agrees to $25 million penalty for '08 blackoutMIAMI — The Florida Power & Light Company must pay a $25 million penalty for a massive outage that left hundreds of thousands of customers without power last year, according to an agreement announced Thursday. Under the agreement with the Federal Energy Regulatory Commission and the North American Electric Reliability Corporation, FPL must pay $10 million to the U.S.
Voter group asks Justice Dept. to halt Diebold voting machine sale to competitorSeptember 30th, 2009 Voter group challenges Diebold voting machine saleWASHINGTON, D.C. — A voter advocacy organization has asked the U.S.
Wal-Mart agrees to pay Mass. $3M to settle claims it shortchanged workers on meal breaksSeptember 24th, 2009 Wal-Mart to pay Mass. $3M to settle meals claimsBOSTON — The Massachusetts attorney general says Wal-Mart has agreed to pay $3 million to settle complaints that it didn't give some employees proper meal breaks.
Regions Bank to pay $1 million to settle SEC charges stemming from investment fraudSeptember 21st, 2009 Regions to pay $1M penalty in investment fraudMIAMI — Regions Bank has agreed to pay a $1 million penalty to settle a Securities and Exchange Commission complaint that it played a role in a long-term investment fraud that charged huge hidden fees and sales commissions to thousands of unwitting Latin American investors. The Birmingham, Ala.-based bank and its predecessor, Union Planters Bank, acted as trustees for a pair of unregistered investment brokers — U.S.
Senator seeks Justice Department review of Diebold's sale of voting-machine businessSeptember 14th, 2009 Justice Dept. review of vote-machines sale soughtNORTH CANTON, Ohio — Sen.
Diebold sells much-maligned US voting machine unit to Election Systems & SoftwareSeptember 3rd, 2009 Diebold sells US voting machine unitNORTH CANTON, Ohio — Ohio-based ATM maker Diebold Inc. has sold its much-criticized U.S.
Diebold selling much-maligned US voting machine unit to competitorSeptember 3rd, 2009 Diebold selling US voting machine unitNORTH CANTON, Ohio — ATM maker Diebold Inc. has sold its much-criticized U.S.
Report: Former AIG CEO Greenberg to pay $15 million to settle SEC fraud allegationsAugust 6th, 2009 Report: Former AIG CEO to settle fraud chargesNEW YORK — Former American International Group CEO Maurice "Hank" Greenberg is expected to pay a $15 million fine to settle fraud allegations brought by the Securities and Exchange Commission, according to The Wall Street Journal. Former chief financial officer Howard Smith is expected to pay a $1.5 million fine, the Journal said in a report on its Web site Thursday, citing anonymous people.
SEC: Former AIG CEO Greenberg to pay $15 million fine to settle accounting fraud chargesAugust 6th, 2009 SEC: Ex-AIG CEO Greenberg settles fraud chargesNEW YORK — The Securities and Exchange Commission said Thursday that former American International Group CEO Maurice "Hank" Greenberg agreed to pay a $15 million fine to settle fraud charges. The charges are tied to an accounting scandal earlier this decade at AIG that led to Greenberg's ouster in 2005.
Bank of America pays $33 million SEC penalty for misleading investors about Merrill bonusesAugust 3rd, 2009 BofA agrees to $33M SEC fine over Merrill bonusesWASHINGTON — Bank of America Corp. has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its executives, regulators said Monday.
Bank of America pays $33 million penalty to settle SEC charges that it misled investorsAugust 3rd, 2009 BofA pays $33M SEC fine for misleading investorsWASHINGTON — Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its employees. In seeking approval to buy Merrill, Bank of America told its shareholders that Merrill agreed not to pay year-end bonuses without Bank of America's consent.
White supremacist indicted in museum shooting; faces possibility of death penaltyJuly 29th, 2009 Death penalty possible in museum shootingWASHINGTON — A federal grand jury has indicted an elderly white supremacist on charges that could earn him the death penalty in the fatal shooting of a security guard at the U.S. Holocaust Memorial Museum in Washington.
California-based Pacific Corporate Group settles NY pension probe for $2 millionJuly 1st, 2009 Calif.-based pension adviser settles NY probeNEW YORK — A company that helps government pension funds decide how to invest their money has agreed to pay $2 million to extract itself from a New York corruption investigation. The settlement announced Wednesday will spare the Pacific Corporate Group from criminal or civil charges in a probe led by state Attorney General Andrew Cuomo (KWOH'-moh).
Bank machine maker Diebold 1Q profit falls, cuts annual forecast, 300 jobsMay 5th, 2009 ATM maker Diebold 1Q profit falls, cuts jobsNORTH CANTON, Ohio — Automated teller machines maker Diebold Inc. reported a sharp decline Tuesday in first-quarter earnings as it recorded a hefty charge related to a proposed settlement with federal regulators.
Diebold 1st-quarter profit plunges on hefty charge, will reduce staff by about 300 jobsMay 5th, 2009 Diebold 1Q profit plunges, will reduce staffNORTH CANTON, Ohio — ATM maker Diebold Inc. says it will reduce its staff by about 300 jobs as its profit skidded 88 percent in the first quarter on a hefty charge related to a proposed SEC settlement.
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