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UPS Pays $40M to End Online Pharmacies Probe

(SAN FRANCISCO) — Shipping company UPS has agreed to pay $40 million to end a federal criminal probe connected to its work for online pharmacies. The U.S. Department of Justice announced Friday that the Atlanta-based company would also “take steps” to block illicit online drug dealers from using their delivery service. The DOJ says the fine amount is the money UPS collected from suspect online pharmacies. UPS won’t be charged with any crimes. Its biggest rival, FedEx Corp., has also been a target of the federal investigation. The investigation of the two companies stems from a global campaign to shutter illicit online pharmacies launched in 2005. Since then, dozens of arrests have been made and thousands of websites closed worldwide as investigators continue to broaden the probe beyond the operators. MORE: Why the Post Office Loves Junk Mail

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Found 1 month ago on channel TIME Business

United States: Retaliation Claim Brought Against Employer Ends In Settlement With DOJ - Littler Mendelson

The Department of Justice has recently reached a settlement with a national employer with regard to a complaint brought forth by an individual alleging that the company retaliated against him for threatening to pursue his legal rights under the anti-discrimination provision of the Immigration and Nationality Act.

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Found more than 1 month ago on channel Mondaq

United States: The Disappearing Exception For Facilitating Payments: Agencies Take Narrow View Of This FCPA Defense - Fried Frank Harris Shriver & Jacobson

The Department of Justice and the Securities and Exchange Commission jointly issued a 120-page "resource guide" to the Foreign Corrupt Practices Act in November 2012, which confirms the DOJ's and the SEC's narrow view of several key defenses under the FCPA.

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Found more than 1 month ago on channel Mondaq

U.S. DOJ probing JPMorgan over Bear Stearns mortgage products

The U.S. Justice Department is investigating JPMorgan Chase & Co over allegations that Bear Stearns provided misleading information about its mortgage products during the lead-up to the financial crisis, according to people familiar with the matter.

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Found more than 1 month ago on channel Reuters

Beer cos., DOJ in resolution talks for $20.1B deal

The U.S. Department of Justice is talking with beer makers Anheuser-Busch InBev and Grupo Modelo about potentially resolving a legal challenge to their $20.1 billion deal....

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Found more than 1 month ago on channel Associated Press