The U.S. Securities and Exchange Commission (SEC) has awarded more than $37 million to a whistleblower whose invaluable information played a crucial role in a successful legal action against securities violations. This landmark award underscores the SEC's commitment to transparency and investor protection.
As the financial services sector grapples with rapid technological change and emerging risks, New York's top financial regulator is stepping up its efforts to protect consumers and maintain market stability.
The European Commission has recently issued preliminary findings accusing X, formerly known as Twitter, of violating the Digital Services Act (DSA) in three key areas. The allegations, announced on Friday, focus on issues related to user interface design, advertising transparency, and data access for researchers.
A group of OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission (SEC), requesting an investigation into whether the ChatGPT maker's confidentiality agreements unlawfully prevent employees from speaking out about potential risks associated with its AI technologies.
The U.S. Department of Labor has announced a comprehensive corporate-wide settlement with Dollar General and its retail subsidiaries. This agreement mandates significant safety improvements across all Dollar General stores, aiming to create safer environments for thousands of workers nationwide.
On July 2, 2024, the State Data Protection Inspectorate (SDPI) of Lithuania imposed a substantial fine of €2,385,276 on Vinted, UAB, the company behind the popular online second-hand clothing trading platform "Vinted". The penalty comes after an investigation into complaints forwarded by French and Polish supervisory authorities in 2021 and 2022.
Butler, Pennsylvania-based Armstrong Group has agreed to pay $6.5 million to settle allegations of violating the False Claims Act in relation to the Federal Communications Commission's (FCC) High-Cost Program. The settlement, announced on Friday, July 12, 2024, resolves claims that the company knowingly submitted improper costs to inflate subsidies received from the federal Universal Service Fund (USF).