Jan 21, 2010
WASHINGTON—Pacific Pipeline Systems LLP, a Long Beach, Calif.-based oil transport company, has agreed to pay a $1.3 million civil penalty and discontinue the use of a section of pipeline through an unstable section of mountains to resolve a Clean Water Act violation, the Justice Department and U.S. Environmental Protection Agency (EPA) announced today.
"The United States brought this case to protect an important body of water, Pyramid Lake," said Ignacia S. Moreno, Assistant Attorney General for the Justice Department’s Environment and Natural Resources ... Read More
Nov 9, 2009
(CN) - Railroad shareholders and a pension plan challenged the Burlington Northern Santa Fe's $26.3 billion sale to Berkshire Hathaway. Both lawsuits in Texas state court say railroad directors engaged in self-dealing and breached fiduciary duties by selling out too cheaply to the company run by legendary investor Warren Buffett. The named class-action plaintiff says he was incensed to hear Buffett boast that he had put the deal together in "about 15 minutes."
Both suits seek declaratory and injunctive relief and rescission and ... Read More
Oct 1, 2009
SALT LAKE CITY — Children as young as 13 were manning phone banks for a company that does market research and political surveys from call centers in seven states, federal investigators said Tuesday.
Children that young can't legally be employed except on farms.
The U.S. Department of Labor fined Orem, Utah-based Western Wats for hiring three 13-year-olds, and for working an additional 1,479 children more than three hours on a school day or more than eight hours on a weekend day, among other violations. ... Read More
Sep 21, 2009
In today’s world, the most effective way for the FBI to serve the American people is to be intelligence-led and threat-driven. That means not only investigating violations of federal law after the fact, but also seeing potential threats and crimes on the horizon and being positioned to prevent them.
It’s for that reason that the FBI and the Department of Justice are working now—in concert with our federal, state, and local partners, including the Inspector General community—to get out in front of possible ... Read More
Sep 11, 2009
In the latest but perhaps not the last development in its investigation into a trading scandal at the former Baltimore investment firm Ferris Baker Watts, the Securities and Exchange Commission has fined a senior executive $75,000 for failing to respond to red flags indicating that a broker under his supervision was involved in a stock manipulation scheme.
The SEC ordered Louis J. Akers, who was Ferris' vice chairman, to hand over another $19,187 in improper gains and $5,973 in interest, and prohibited him ... Read More
