Latest Corporate legal affairs News

Safety group wants Hyundai and Kia to recall 2.9M vehicles

Oct. 12, 2018 6:37 PM EDT

DETROIT (AP) — A nonprofit auto safety group is demanding that Hyundai and Kia recall 2.9 million cars and SUVs in the U.S. due to consumer complaints that they can catch fire. The Center For Auto Safety said Friday that there have been more than 220 complaints to the U.S. government since 2010 about fires...

Ponzi scheme suspect paid $720K for prayers amid SEC probe

Oct. 12, 2018 6:12 PM EDT

GREENBELT, Md. (AP) — An investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme spent nearly three-quarters of a million dollars on prayers by Hindu priests in India to ward off a federal investigation and save her failing business, according to testimony at her trial this week....

South Dakota jury clears ex-nonprofit CEO in contracts case

Oct. 12, 2018 3:32 PM EDT

SIOUX FALLS, S.D. (AP) — A South Dakota jury cleared a former nonprofit executive accused of backdating contracts to try to avoid a potential audit in a case sparked after the organization's financial officer killed his family and himself in 2015. Stacy Phelps, the former CEO of the American Indian...

South Dakota jury clears ex-nonprofit CEO in contracts case

Oct. 12, 2018 12:49 AM EDT

SIOUX FALLS, S.D. (AP) — A South Dakota jury late Thursday night cleared a former nonprofit executive accused of backdating contracts to try to avoid a potential audit in a case sparked after the organization's financial officer killed his family and himself in 2015. Stacy Phelps, the former CEO of the...

South Dakota jury clears ex-nonprofit CEO in contract case sparked after finance officer killed his family and himself

Oct. 11, 2018 11:35 PM EDT
SIOUX FALLS, S.D. (AP) — South Dakota jury clears ex-nonprofit CEO in contract case sparked after finance officer killed his family and himself.

'Greedy' young mayor stole from investors, feds say

Oct. 11, 2018 6:06 PM EDT

BOSTON (AP) — A Massachusetts mayor who was first elected at age 23 was charged Thursday with using investments in a company he formed as his "own personal ATM" to enjoy casinos and adult entertainment, buy a Mercedes, and pay down student loan debt. Jasiel Correia, the mayor of Fall River, collected more...

The Latest: Mayor charged with fraud says he's innocent

Oct. 11, 2018 6:00 PM EDT

BOSTON (AP) — The Latest on the arrest of a Massachusetts mayor on federal fraud charges (all times local): 5:30 p.m. A 26-year-old Massachusetts mayor charged with defrauding investors says he is innocent. Fall River Mayor Jasiel Correia said in a written statement Thursday that these "unfortunate...

Companies must pay $7M over misbranded pet food ingredients

Oct. 11, 2018 5:49 PM EDT

ST. LOUIS (AP) — A federal judge in St. Louis has ordered companies from Missouri and California to pay a combined $7 million for shipping ingredients containing poultry feathers and other misbranded items to pet food manufacturers. Wilbur-Ellis Feed LLC of San Francisco pleaded guilty in April....

3 farmers to plead guilty in organic grain fraud scheme

Oct. 11, 2018 3:30 PM EDT

IOWA CITY, Iowa (AP) — Three Nebraska farmers will plead guilty to knowingly marketing non-organic corn and soybeans as certified organic as part of a lengthy, multi-million-dollar fraud scheme, federal prosecutors revealed Thursday. Tom Brennan, his son James Brennan and family friend Michael Potter have...

Miami Heat player sues for lost income from dog's neutering

Oct. 11, 2018 8:21 AM EDT

COOPER CITY, Fla. (AP) — Miami Heat veteran Udonis Haslem is suing the veterinary hospital he says "castrated" his dog without permission. The Miami Herald reports the basketball player filed a lawsuit accusing Murber Inc.'s LeadER Animal Special Hospital of negligence Tuesday. Haslem says the hospital...