Latest Corporate investigations News

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...

Oregon DOJ lawyer reprimanded for 'inappropriate' treatment

Nov. 24, 2020 8:05 PM EST

SALEM, Ore. (AP) — A high-ranking lawyer at the Oregon Department of Justice has been reprimanded and will work with an executive coach after an outside investigation found he violated state policy in an interaction with another lawyer. The investigator found sufficient evidence to support claims that...

Airport executives placed on leave during internal probe

Nov. 24, 2020 12:21 PM EST

ROANOKE, Va. (AP) — Two executives at a regional airport in Virginia have been placed on administrative leave while an internal investigation is conducted. The Roanoke Times reports that Roanoke-Blacksburg Regional Airport Executive Director Timothy Bradshaw and Director of Planning and Engineering Richard...

FILE - In this April 23, 2020 file photo, Lebanese riot police stand guard in front the central bank building, where the anti-government protesters protest against the Lebanese central bank's governor Riad Salameh and the deepening financial crisis, in Beirut, Lebanon. A New-York-based company that was contracted by Lebanon's government to conduct a forensic audit of the country's central bank has decided to pull out of the deal because it was not able to acquire needed information and documents, Lebanese outgoing finance minister said Friday, Nov. 20, 2020. (AP Photo/Hussein Malla, File)

NY-based company pulls out of Lebanon bank's forensic audit

Nov. 20, 2020 11:24 AM EST

BEIRUT (AP) — A New-York-based company contracted by the Lebanese government to conduct a forensic audit of the country’s central bank has decided to pull out of the deal because it was not able to acquire requested information and documents, Lebanon's outgoing finance minister said Friday. The...

FirstEnergy: Ohio regulator's firm got $4M consulting fee

Nov. 19, 2020 8:17 PM EST

COLUMBUS, Ohio (AP) — Fired former FirstEnergy executives improperly paid a firm tied to a future Ohio utility regulator about $4 million early last year to terminate “a purported consulting agreement” that had been in place since 2013, one of the nation's largest electric utilities told...

FILE - In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif.   The European Court of Auditors, which has examined the EU's enforcement of competition rules over the past decade, says antitrust investigations have taken too long, dulling their effectiveness.  Google is currently appealing a 2.4 billion euro ($2.9 billion) antitrust fine levied in 2017 that stems from an investigation into its shopping search results that began a decade ago.(AP Photo/Jeff Chiu, FILE)

EU auditors: Antitrust probes too slow to curb tech giants

Nov. 19, 2020 7:57 AM EST

LONDON (AP) — The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday. Legal tools available to the bloc's competition regulators, meanwhile, have not kept pace with...

Feds investigating NW company making virus protection claims

Nov. 14, 2020 9:11 AM EST

BLAINE, Wash. (AP) — Federal investigators are looking into a company in northwestern Washington for claiming its products, specifically copper water bottles, can protect people from the coronavirus. The website copperH20.com invites customers to “experience the benefits of a copper water...

FILE - CNN legal analyst Jeffrey Toobin leaves the Supreme Court after it finished the day's arguments on the health care law signed by President Barack Obama in Washington on March 27, 2012. The New Yorker has parted ways with longtime staff writer Toobin after he reportedly exposed himself during a Zoom conference last month. He had already been on suspension and is also on leave from CNN, where he has been a legal commentator. (AP Photo/Charles Dharapak, File)

New Yorker fires writer Jeffrey Toobin after Zoom incident

Nov. 11, 2020 5:36 PM EST

NEW YORK (AP) — The New Yorker has fired longtime staff writer Jeffrey Toobin after he reportedly exposed himself during a Zoom conference last month. He had already been on suspension and is also on leave from CNN, where he is chief legal analyst. “I was fired today by @NewYorker after 27 years as...

FILE - In this 2015 file photo, FirstEnergy Corp. President and CEO Charles

Ohio utility at center of $60 million bribery case fires CEO

Oct. 30, 2020 4:50 PM EDT

TOLEDO, Ohio (AP) — A power company under investigation for its role in an alleged $60 million bribery scheme involving one of Ohio’s most powerful politicians fired its chief executive following an internal review. FirstEnergy Corp. said its investigation found that CEO Chuck Jones and two other...

2 major Ohio cities sue to block nuclear bailout fee

Oct. 27, 2020 11:49 AM EDT

COLUMBUS, Ohio (AP) — Two of Ohio's major cities are attempting to block the law at the center of a $60 million federal bribery probe from going into effect Jan. 1. Columbus City Attorney Zach Klein and Cincinnati Mayor John Cranley filed a complaint Tuesday, citing the need to save the state's electric...