Latest Corporate investigations News

Former VW boss to pay firm $13 million over diesel scandal

Jun. 09, 2021 09:35 AM EDT

FRANKFURT, Germany (AP) — Former Volkswagen CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the 2015 scandal over diesel engines rigged to cheat on emissions tests, the company...

Ohio utility gets SEC subpoena regarding tainted energy bill

Jun. 08, 2021 17:07 PM EDT

CLEVELAND (AP) — The electric utility AEP Ohio said Tuesday that the Enforcement Division of the U.S. Securities and Exchange Commission has subpoenaed documents related to subsidies it has received from a now-tainted energy bill for two aging coal plants partly owned by the company. ...

European regulators launch fresh probes of Facebook, Google

Jun. 04, 2021 11:59 AM EDT

LONDON (AP) — European Union and British regulators opened dual antitrust investigations Friday into whether Facebook distorts competition in the classified advertising market by using data to compete unfairly against rival services. German officials, meanwhile,...

Boston schools expands investigation into student counseling

May. 28, 2021 11:22 AM EDT

BOSTON (AP) — The Boston school system is expanding its investigation into a nonprofit contractor that provided group therapy to student leaders that was described as “weird, uncomfortable and cult-like.” Superintendent Brenda Cassellius met Thursday with members of...

FirstEnergy fires another executive over consulting contract

May. 27, 2021 18:24 PM EDT

CLEVELAND (AP) — A FirstEnergy senior vice president was fired Thursday for her “inaction” regarding a 2015 amendment to a “purported” consulting contract with someone who was later appointed as Ohio's top utility regulator, the company announced in a U.S. Securities and Exchange...

Woman in racist Central Park confrontation sues over firing

May. 26, 2021 17:28 PM EDT

NEW YORK (AP) — The white woman who was widely condemned and fired after a videotaped dispute with a Black birdwatcher in Central Park filed a lawsuit against her former employer, accusing the company of not doing an investigation before her termination because of her race and gender. ...

New grand jury seated for next stage of Trump investigation

May. 25, 2021 21:46 PM EDT

NEW YORK (AP) — New York prosecutors have convened a special grand jury to consider evidence in a criminal investigation into former President Donald Trump's business dealings, a person familiar with the matter told The Associated Press on Tuesday. The development...

Top California rail official out in another project shakeup

May. 25, 2021 21:23 PM EDT

SACRAMENTO, Calif. (AP) — California's high-speed rail project lost a top leader this week without a replacement on tap, injecting fresh uncertainty into a project constantly in flux. Joe Hedges, the project's chief operating officer, left his job Monday, said rail...

US got ex-Ukrainian officials' data in Giuliani probe

May. 25, 2021 20:03 PM EDT

NEW YORK (AP) — U.S. prosecutors in 2019 sought the electronic messages of two ex-Ukrainian government officials and a Ukrainian businessman as part of their probe of Rudy Giuliani's dealings in that country, a lawyer accidentally revealed in a court filing Tuesday. The...

Boston schools end work with nonprofit over misconduct

May. 25, 2021 14:16 PM EDT

BOSTON (AP) — Boston schools will not work with a nonprofit after an independent report found the director pressured students to participate in uncomfortable counseling sessions, among other accusations of misconduct. The school district has ended its contract with...