Credit Suisse agreed to the payout as part of a more than $2.5 billion settlement with several government authorities, including the U.S. Department of Justice and New York State’s financial services department.
The president nominated Roseann A. Ketchmark to serve as District Judge for the Western District of Missouri.
The heads of the SEC and DOJ Foreign Corrupt Practices Act units spoke on a panel at the 31st annual defense-bar and compliance industry conference in National Harbor, Md., near Washington, D.C.
Thanks to record-setting fines against banks, the amount was more than triple what was collected in 2013.
Obama’s Justice Dept. pick will likely be taken up by the GOP-controlled Senate next year.
In a congressionally mandated annual report, DOJ Inspector General Michael E. Horowitz identified seven areas that he believes represent the Department’s most urgent concerns.
The Justice Department is reportedly using planes to intercept phone data.
The Attorney General also addressed the pending grand jury decision related to the August shooting of Michael Brown in Ferguson, Mo.
Prosecutors Say Martin Dunki Conspired to Help U.S. Citizens Hide Hundreds of Millions of Dollars.
David Rivera’s consideration has been pending since June.
Kelly T. Currie could be acting U.S. Attorney for the Eastern District of New York if Lynch is confirmed as Attorney General and until the president names a permanent replacement.
With the appointment of Loretta Lynch, the two-time U.S. Attorney for the Eastern District of New York, there is an opportunity for the Justice Department to take a tougher approach to financial crime.
There is a wide gap between the perception and reality concerning corruption within the continent. While the vein of corruption is a tributary shared among nearly all corners of the continent, the perceived risks are overstated, and Africa is in fact a surging, growing economy rife with economic possibility.
U.S. Sen. Chuck Grassley, the ranking member of the Judiciary Committee, is in line to chair the committee that considers federal judicial appointments, including Supreme Court nominations, as well as oversight of the Department of Justice and agencies within the Department of Homeland Security.
But the head of the Justice Department’s Criminal Division expressed skepticism in a recent talk about the so-called collateral consequences companies often claim they will suffer through aggressive criminal enforcement.
Justice Department Inspector General Michael E. Horowitz found that Executive Office for Immigration Review may have violated federal nepotism laws by hiring student relatives of the office’s three most senior officials.
Harsh penalties for fraudsters are in the offing, and stock exchange regulators will be in a position to enforce those penalties.
The life sciences corporation was accused of $7.5 million in bribes to officials in Russia, Vietnam, and Thailand resulting in $35 million in profits.
U.S. corporate defense lawyers have urged reforms to the Bank’s system of investigating and punishing corrupt contractors, amid a fight over selection of corporate monitors and due process concerns.
Fraud in China has become less about fraud and more about pretenses. Most executives who perpetrate these crimes, compelled to explain their transgressions, would likely point to the stable well being of the company as their prime motivator.
The Criminal Division veteran has, since 2011, served in the Justice Department Inspector General office.
The reorganization lets Assistant Attorney General John Carlin put his stamp on the division amid increasing concern about hacks of major American companies like JPMorgan Case & Co.