Airbnb admitted in Australian court that it had made “false or misleading representations,” charging customers in U.S. currency instead of Australian dollars.
Category: Fines (Penalties)
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U.S. Fines Southwest Airlines $140 Million for Holiday Meltdown
The penalty is by far the largest ever imposed by the Transportation Department on an airline for consumer protection violations.
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Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations
Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.
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Dish Is First Company to Be Fined By F.C.C. Over Space Junk Rule
Dish, the television provider, failed to move its dead satellite into a higher orbit, where it would pose little threat to active satellites, the agency announced. The company agreed to pay a $150,000 fine.
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Tyson and Perdue Are Facing Child Labor Investigations
The Labor Department has opened inquiries into whether migrant children were working inside slaughterhouses owned by the poultry-processing giants.
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Former Wells Fargo Executive Avoids Prison in Sham Accounts Scandal
Prosecutors had sought a year of incarceration, which they said would be a deterrent to other corporate executives.
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U.S. Fines American Airlines $4.1 Million for Lengthy Tarmac Delays
In 43 instances in recent years, the airline kept passengers stranded on the tarmac for hours in violation of federal rules, the Transportation Department said.
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UBS to Pay $1.44 Billion to Settle Financial-Crisis Fraud Case
The settlement closes the chapter on the last investigation by a Justice Department task force on the role financial firms played in the collapse of the housing market in 2008.
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Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.