The penalty was the largest ever imposed by U.S. officials on a bank for violating anti-money laundering laws, and regulators imposed a cap on TD’s ability to accept new deposits.
Category: Fines (Penalties)
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Google and Apple Lose Appeals in Landmark E.U. Cases
The cases had established the European Union as the world’s leading tech watchdog, but have since raised questions about its protracted appeals process.
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Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales
James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts regulators said.
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Carl Icahn to Pay $2 Million to Settle S.E.C. Charges
The Securities and Exchange Commission had accused the billionaire investor of not disclosing that he had pledged personal stock holdings as collateral for billions of dollars in loans.
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Marathon Oil Agrees to Pay Record EPA Penalty
The company will spend $242 million to resolve allegations that it released methane, a greenhouse gas, and other pollutants in North Dakota.
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Boeing Plea Deal Involving 737 Max: What to Know and What Comes Next
The plane manufacturer must still resolve various legal challenges and operational problems tied to the troubled 737 Max plane.
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Boeing Agrees to Plead Guilty to Felony in Deal With Justice Department
As part of the deal, stemming from fatal 737 Max crashes in 2018 and 2019, the company agreed to pay a fine of nearly half a billion dollars and strengthen its safety programs.
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Amazon Is Fined Nearly $6 Million Over Warehouse Work Quotas
California officials cited failures to disclose productivity requirements at two locations. The company said it would appeal.
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Passenger Who Was Restrained With Duct Tape During Flight Faces Record Fine
Federal regulators are seeking $81,950 from a Texas woman who acted erratically and was violent toward crew members during an American Airlines flight in 2021.
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Dollar Tree Explores Sale of Family Dollar
Family Dollar has struggled with its operations in recent years, and Dollar Tree said in March that it would close nearly 1,000 of the stores.
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Norfolk Southern to Pay $310 Million Settlement Over Ohio Train Derailment
The railroad company reached an agreement with the federal government to settle claims and costs from the 2023 derailment of a train carrying hazardous materials in the Ohio town.
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Auditor That Works for Trump Media Charged With Fraud
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.