VW to Pay $1.2 Billion or More to US Owners of Big Diesels

Posted by Chris Jaramillo. This article from CNBC dated February 1, 2017 states Volkswagen rigged many of their automobiles that have larger diesel engines to cheat and pass emissions tests. Wolfsburg-based Volkswagen has admitted it equipped diesel engines with software that turned the emissions controls off during every day driving which resulted in cars emitting …

Wells Fargo Phony Account Scandal

Posted by Varundeep Singh. Over the past few years Wells Fargo employees have been secretly scheming customers and breaking rules and crossing ethical boundaries that should not be crossed. Wells Fargo employees were making “dummy accounts,” or best described as fake accounts, to meet their sales quotas and receive bonuses. These accounts were not authorized, but …

High Court Enters Ruling on Headscarf Case

The High Court rendered an opinion in EEOC v. Abercrombie & Fitch Stores, Inc. The bottom line is unless the employer can show it is unduly burdensome to accommodate a religious practice, it must accommodate the person even if it has a mandatory dress code or other neutrally-applied policy. The employer is required to do so …

Antitrust Lawsuit Against AT&T

Posted by Keith DeYoung. On Thursday, March 23rd, The Justice Department ended its antitrust lawsuit against AT&T’s DIRECTV with a settlement. In early November 2016, The Justice Department filed the lawsuit, after they claimed DIRECTV was in talks with three of its rivals, then AT&T, Charter Communications, and Cox Communications. These communications allegedly contained confidential information …

High Court Enters Ruling on Headscarf Case

The High Court rendered an opinion in EEOC v. Abercrombie & Fitch Stores, Inc. The bottom line is unless the employer can show it is unduly burdensome to accommodate a religious practice, it must accommodate the person even if it has a mandatory dress code or other neutrally-applied policy. The employer is required to do so …

Audi Raided By German Police

Posted by Nicole M. Encalada. After Volkswagen faced its emissions scandal in back in 2015, German police have decided to further the criminal investigation by searching Audi’s German headquarters and offices in Ingolstadt. Back in March, Audi had been placed under a fraud investigation in regards to its parent company, Volkswagen. The main goal in this …

Airlines Adjusting to the US Government’s Laptop Ban

Posted by Krista Cerpina. Last week the Department of Homeland Security placed a ban on large electronics during non-stop flights to the US from airports in North Africa and Middle East. The ban forbids passengers to carry on board any electronic devices larger than a cell phone. Many passengers traveling for business are almost “inseparable” …

Fake it “Till Ya” Make It : Fraud In The World of Finance

Posted by Arleen Frias-Arias. According to NPR News.com, Ocwen Mortgage, who has been tasked by FDIC (Federal Depose Insurance Corporation) and US Department of Treasury to assist consumers that are delinquent in their mortgages, is being sued. New York State’s top financial regulator has launched an investigation into Ocwen’s practices as it turns out they are …

How Do I Declare Bankruptcy?

Posted by Orintia Daniels. Bankrupt: “(of a person or organization) declared in law unable to pay outstanding debts.” According to dictionary.com, this adjective simply means that a particular person or organization is in debt and owes money to another organization or person. I have came across an article called “How do I declare Bankruptcy?” which explains …