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.
Category: Justice Department
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What the Supreme Court’s Decision to Hear the Purdue Pharma Case Means
A federal appeals court had signed off on a deal that would shield members of the wealthy Sackler family from lawsuits in exchange for billions for those harmed by the opioid epidemic.
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Supreme Court Pauses Purdue Pharma Bankruptcy Deal
A federal appeals court had signed off on an agreement, now on hold, that would shield members of the wealthy Sackler family from opioid-related lawsuits in exchange for $6 billion for victims.
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Bidding for Simon & Schuster Draws to a Close
The move to acquire the publisher, one of the five largest in the country, comes after the government blocked a deal last year on antitrust concerns.
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Booz Allen Pays $377.5 Million to Settle Government Billing Case
The consulting firm was accused of falsely charging for expenses that should have been paid under its nongovernment contracts from 2011 to 2021.
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Biden’s Antitrust Team Isn’t Backing Down From a Fight
Newly released guidelines for mergers show that despite legal setbacks, top competition officials intend to keep scrutinizing takeovers and technology giants.
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Profiting From Risky Atherectomies That Can Lead to Amputations
Medical device makers have bankrolled a cottage industry of doctors and clinics that perform artery-clearing procedures that can lead to amputations.
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Pressured by U.S., PGA Tour and Saudi Fund Drop Key Part of Golf Deal
The two parties had promised not to poach each other’s players. Their decision to abandon that clause removes one of the few binding provisions of the agreement that has rocked golf.
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PGA Tour Wanted Greg Norman Ousted as Part of Saudi Deal
The American circuit’s efforts were made public in documents that Congress released on Tuesday.