Latest Corporate legal affairs News

FILE - In this Feb. 4, 2008, file photo, Rebecca Parrett returns from a lunch break in her hearing at the federal courthouse in Columbus, Ohio. Parrett, who fled the US for Mexico ahead of her sentencing in one of the country's biggest corporate fraud cases, is asking for early release from prison, citing poor health and the coronavirus pandemic. Parrett was convicted in 2008 of securities fraud and other charges in a $1.9 billion scheme at health care financing company National Century Financial Enterprises. She was apprehended in 2010 after she had fled to Mexico before sentencing in 2008. (Tom Dodge/The Columbus Dispatch via AP, File)

Woman who fled business fraud sentencing seeks early release

Dec. 2, 2020 11:58 AM EST

COLUMBUS, Ohio (AP) — An Ohio woman who fled the United States for Mexico ahead of her sentencing in one of the biggest corporate fraud cases in decades is asking for early release from prison, citing poor health and fear of contracting the coronavirus behind bars. Rebecca Parrett, now 72, was convicted in...

FILE - In this July 6, 2019, file photo, a woman views the memorial site for seven bikers who were killed in a collision while riding with the Jarheads Motorcycle Club June 2019, in Randolph, N.H. The National Transportation Safety Board found Tuesday, Dec. 1, 2020, a pickup driver’s drug use was the reason he crashed last year into the oncoming group of motorcyclists in New Hampshire, leading to the death of the bikers.   (Paul Hayes/Caledonian-Record via AP, File)

NTSB: Safety processes failed in crash that killed 7 bikers

Dec. 1, 2020 5:48 PM EST

Systems meant to keep motorists safe failed to prevent a pickup driver on drugs from crashing last year into an oncoming group of motorcyclists in New Hampshire, leading to the death of seven bikers, the National Transportation Safety Board found Tuesday. The board unanimously approved a report that determined...

FILE - In this Friday, Feb. 28, 2020 file photo, migrants arrive with a dinghy accompanied by a Frontex vessel at the village of Skala Sikaminias, on the Greek island of Lesbos, after crossing the Aegean sea from Turkey. The head of the European Union's border and coast guard agency faces a grilling on Tuesday, Dec. 1, 2020 by EU lawmakers as pressure mounts over allegations that Frontex was involved in illegal pushbacks aimed at preventing migrants or refugees entering Europe through the Greek islands. (AP Photo/Michael Varaklas, File)

EU border chief urged to quit over migrant pushback claims

Dec. 1, 2020 11:59 AM EST

BRUSSELS (AP) — European Union lawmakers lashed out Tuesday at the head of Frontex over allegations that the border and coast guard agency helped illegally stop migrants or refugees entering Europe, calling for his resignation and demanding an independent inquiry. The lawmakers grilled Executive Director...

Demonstrators hold a banner reading

Dutch climate activists take Shell to court over emissions

Dec. 1, 2020 7:59 AM EST

THE HAGUE, Netherlands (AP) — A group of environmental organizations backed by thousands of Dutch citizens launched a civil case Tuesday against the energy giant Shell, asking a court to order the multinational to commit to reining in its carbon emissions 45% by the year 2030. Lawyer Roger Cox told a panel...

FILE - In this Aug. 24, 2016, file photo, Los Angeles City Councilman Jose Huizar is seen at an event at Los Angeles City Hall. Huizar was arrested in June 2020 on allegations he masterminded a $1.5 million pay-to-play scheme tied to the approval of large building projects. Prosecutors say the scheme sought to illegally profit from development of the city's burgeoning downtown district. Federal authorities announced new charges and additional defendants Monday, Nov. 30, 2020, in the wide-ranging corruption case against the Los Angeles city councilman and his alleged associates. (Walt Mancini/The Orange County Register via AP, File)

New charges, defendants announced in LA corruption case

Nov. 30, 2020 8:08 PM EST

LOS ANGELES (AP) — Federal authorities announced new charges and additional defendants Monday in a wide-ranging corruption case against a Los Angeles city councilman and his alleged associates. The new defendants include a former deputy mayor, the billionaire chairman of a Chinese real estate company and a...

FILE - In this Dec. 19, 2019 file photo, the advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria.  Leaders of the OPEC cartel are meeting virtually to decide how much oil their countries should produce as the coronavirus stifles demand for fuel. They’re expected to extend production cuts into the new year in an effort to boost prices. (AP Photo/Ronald Zak, File)

OPEC talks on oil production to go into second day

Nov. 30, 2020 2:11 PM EST

FRANKFURT, Germany (AP) — Leaders of the OPEC oil cartel adjourned their virtual meeting Monday on future production as no agreement was announced on whether to extend output cuts into next year. The OPEC nations, led by Saudi Arabia, will reconvene Tuesday, according to a short statement from the cartel's...

FILE - In this Tuesday, June 16, 2020 file photo, the sun is reflected on Apple's Fifth Avenue store in New York. In the years since Barack Obama and Joe Biden left the White House, the tech industry's political fortunes have flipped. Facebook, Google, Amazon and Apple have come under scrutiny from Congress, federal regulators, state attorneys general and European authorities. (AP Photo/Mark Lennihan, File)

For Big Tech, Biden brings a new era but no ease in scrutiny

Nov. 27, 2020 7:38 AM EST

WASHINGTON (AP) — The Obama-Biden administration was a charmed era for America's tech companies — a moment when they were lionized as innovators, hailed as job creators and largely left alone. Now Joe Biden is coming back, this time as president. But times have changed. The halcyon days of an...

Mexico opens anti-monopoly probe against Wal-Mart de Mexico

Nov. 26, 2020 5:18 PM EST

MEXICO CITY (AP) — Mexico’s anti-monopoly commission said Thursday it has begun a formal investigation into possible monopolistic practices in wholesale and retail goods distribution and sales, a probe that appears to involve Wal-Mart's Mexican subsidiary. While the Federal Economic Competition...

FILE - In a Sept. 21, 2016 file photo, Kevin Marsh, CEO of SCANA Corp., speaks to the media at the V.C. Summer Nuclear Station near Jenkinsville, S.C. The Securities and Exchange Commission sued SCANA Corp., its subsidiary South Carolina Electric & Gas along with the utility's former CEO Kevin Marsh and Executive Vice President Stephen Byrne on Thursday, Feb. 27, 2020. Federal officials say two former executives at a South Carolina utility, former CEO Kevin Marsh and Executive Vice President Stephen Byrne lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors, taking hundreds of millions of dollars out of the pockets of investors and ratepayers. (AP Photo/Chuck Burton, File)

Former executive faces prison time in SC nuclear debacle

Nov. 25, 2020 3:20 PM EST

COLUMBIA, S.C. (AP) — The executive who spent billions of dollars on two South Carolina nuclear plants that never generated a single watt of power is almost certain to spend time in prison. Former SCANA Corp. CEO Kevin Marsh signed a deal Tuesday agreeing to plead guilty to felony fraud charges in federal...

FILE - In this Aug. 15, 2019 file photo, marijuana grows at an indoor cannabis farm in Gardena, Calif.   On Monday, Nov. 23, 2020, cannabis stocks are flying high this month after voters in four states passed measures clearing the way for sales of marijuana to adults. That alone is projected to boost the market for legal cannabis sales in the U.S. by 20%.    (AP Photo/Richard Vogel, File)

Cannabis stocks surge as US election opens new markets

Nov. 25, 2020 12:16 PM EST

LOS ANGELES (AP) — Cannabis stocks are flying high after voters in New Jersey, Arizona and three other states cleared the way for expanding legal sales of marijuana. Shares in some of the biggest cannabis companies, including Aurora Cannabis, Canopy Growth and Cresco Labs, are up between 24% and 75% so...