Category: Fines (Penalties)

Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.
Packer Sanitation Fined for Illegally Employing More Than 100 Children, Labor Officials Say

Packers Sanitation Services Inc. paid a $1.5 million penalty this week for employing children as young as 13 in dangerous jobs at meat-processing plants.
GoodRx Leaked User Health Data to Facebook and Google, F.T.C. Says

The popular drug discount app deceptively shared details on users’ illnesses and medicines with ad firms, regulators said in a legal complaint.
Air Travel Debacles Put Pete Buttigieg in the Hot Seat

Pete Buttigieg, the transportation secretary, is facing scrutiny after a meltdown by Southwest Airlines and a Federal Aviation Administration system outage wreaked havoc on flights.
Crypto Lender Nexo Is Fined $45 Million

It’s the latest cryptocurrency company to draw scrutiny from regulators, who are seeking to rein in the industry after the collapse of FTX.
N.W.S.L. Bans Ex-Coaches and Fines Teams After Misconduct Report

Findings released in December revealed a number of issues throughout the league, including several instances of sexual and emotional abuse.
Meta Fined $414 Million After Ad Practices Ruled Illegal Under EU Law

The decision is one of the most consequential issued under the E.U.’s landmark data-protection law and creates a new business headwind for the social media giant.
Meta Fined $414 Million After Ad Practices Ruled Illegal Under EU Law

The decision is one of the most consequential issued under the E.U.’s landmark data-protection law and creates a new business headwind for the social media giant.
Coinbase Reaches $100 Million Settlement With New York Regulators

The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations

The Consumer Financial Protection Bureau cited improper overdraft fees, account freezes, auto repossessions and misapplied home loan payments that have harmed millions of consumers since 2011.
The Inside Story of N.B.A. Players and Their Socks

Zion Williamson rocks an orange stripe. Marcus Smart almost got fined over his socks. Some guys wear them on the wrong feet. (The wrong feet?)
Amazon Agrees to Change Some Business Practices in EU Settlement

The e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.