Latest Corporate legal affairs News

Man charged in federal court with coronavirus relief fraud

May. 23, 2020 10:01 AM EDT

SEATTLE (AP) — A suburban Seattle software engineer submitted false loan applications seeking over $1.5 million meant for businesses financially impacted by the coronavirus pandemic, according to federal court documents. Baoke Zhang, 35, was charged with wire fraud and bank fraud, according to a complaint...

FAA seeks $5.9 million penalty over 270 cargo flights

May. 20, 2020 6:30 PM EDT

WASHINGTON (AP) — Federal regulators are seeking a $5.9 million penalty against an Atlanta aviation company that they say operated illegal cargo flights that were “careless or reckless” and posed a safety risk. The Federal Aviation Administration said Wednesday that Humes McCoy Aviation...

Delaware port operator can't block access to fuel tanks

May. 20, 2020 5:07 PM EDT

DOVER, Del. (AP) — A Delaware judge has granted a preliminary injunction preventing the company that operates the Wilmington port from blocking access to an adjacent fuel storage terminal while he mulls a fee dispute with the owner of the terminal. The judge’s ruling Wednesday comes a week after he...

FILE - In this Friday, April 13, 2018, file photo, Herbert Diess, right, CEO of the Volkswagen, and Hans Dieter Poetsch, left, chairman of the board of directors of Volkswagen address the media during a press conference in Wolfsburg, Germany. Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees the rollout of a new generation of electric cars. (AP Photo/Michael Sohn, File)

Securities case ended against Volkswagen CEO, board chairman

May. 20, 2020 12:39 PM EDT

FRANKFURT, Germany (AP) — Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees the...

Tarah Diffen, far right, chats with customers at the Hot Spot Diner, Monday, May 18, 2020, in Wiscasset, Maine. Diffen's restaurant, which has been closed since March 22 because of the coronavirus, reopened on Monday. Governor Janet Mills is now allowing restaurants in 12 of the state's 16 counties to have dine-in customers.(AP Photo/Robert F. Bukaty)

Maine allows private campgrounds reopen on Friday

May. 19, 2020 9:19 PM EDT

PORTLAND, Maine (AP) — The state is making it easier for residents to get outdoors and breathe some fresh air this Memorial Day weekend by accelerating the opening of private campgrounds across the state, officials said Tuesday. Private campgrounds and RV parks can open Friday while public campgrounds will...

Suit: ADT employee spied on customers' home security systems

May. 19, 2020 6:42 PM EDT

DALLAS (AP) — Two federal class-action lawsuits have been filed against ADT, one of the largest security companies in the country, alleging that an employee spied on customers and children over a seven-year period through their home security cameras. The lawsuits, filed Monday, allege ADT showed negligence...

Employee sues Utah company after contracting COVID-19

May. 19, 2020 6:33 PM EDT

SALT LAKE CITY (AP) — A woman who contracted the coronavirus in Utah has sued her employer arguing the American Fork-based company did not take proper precautions to protect its employees against COVID-19. Juana Victoria Flores filed the lawsuit Wednesday against Built Bar, which manufactures and...

FILE - In this Feb. 18, 2020 file photo, artifacts recovered from the Titanic sit on shelves at a storage facility in Atlanta.  A federal judge in Virginia has ruled that a salvage firm can retrieve the Marconi wireless telegraph machine that broadcast distress calls from the sinking Titanic ocean liner.  In an order released Monday, May 18, U.S. District Judge Rebecca Beach Smith agreed that the telegraph is historically and culturally important and could soon be lost within the rapidly decaying wreck site.  (AP Photo/Angie Wang, File)

Judge: Salvage firm can recover Titanic's telegraph machine

May. 19, 2020 6:03 PM EDT

NORFOLK, Va. (AP) — A federal judge in Virginia has ruled that a salvage firm can retrieve the Marconi wireless telegraph machine that broadcast distress calls from the sinking Titanic ocean liner. In an order released Monday, U.S. District Judge Rebecca Beach Smith agreed that the telegraph is...

FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Musk is threatening to pull the company’s factory and headquarters out of California in an escalating spat with local officials over reopening an electric vehicle plant. On Twitter Saturday afternoon, May 9, 2020. Musk also threatened to sue over Health Department coronavirus restrictions that have stopped Tesla from restarting production at its factory in Fremont south of San Francisco. (AP Photo/Susan Walsh, File)

Tesla shareholder suit over Elon Musk tweets remains on hold

May. 19, 2020 5:58 PM EDT

DOVER, Del. (AP) — A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO Elon Musk from using his personal Twitter account to disseminate information regarding the electric vehicle and solar panel manufacturer. Vice Chancellor Joseph Slights...

Caribbean telecom provider Digicel files for bankruptcy

May. 19, 2020 5:22 PM EDT

SAN JUAN, Puerto Rico (AP) — Digicel, a Caribbean-based telecommunications and entertainment provider that services more than 20 islands in the region as well as Central America and Oceania, has filed for bankruptcy court reorganization. A spokesman for Digicel said Tuesday that the Chapter 15 filing in...