Corporate legal affairs

FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money.(AP Photo/Matthias Schrader, file)
June 25, 2020 - 7:40 am
FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of fraud, led to questions about the country’s ability to oversee its corporate titans. Some...
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FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money.(AP Photo/Matthias Schrader, file)
June 24, 2020 - 3:02 pm
FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of fraud, led to questions about the country’s ability to oversee its corporate titans. Some...
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FILE - In this, Feb. 24, 2019, file photo, containers of Roundup are displayed at a store in San Francisco. German pharmaceutical company Bayer announced Wednesday, June 24, 2020, it’s paying up to $10.9 billion to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer. (AP Photo/Haven Daley, File)
June 24, 2020 - 1:42 pm
BERLIN (AP) — Bayer will pay up to $10.9 billion to settle litigation over the subsidiary Monsanto’s weedkiller Roundup, which has faced thousands of lawsuits over claims it causes cancer, the German-based company said Wednesday. Bayer said it was also paying up $1.22 billion to settle two...
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June 23, 2020 - 11:29 am
BERLIN (AP) — Facebook’s fight against German regulators was dealt a blow Tuesday after a top court agreed with antitrust authorities that the company was abusing its dominant market position in its use of users' data to better target ads. The Federal Cartel Office, or Bundeskartellamt, last year...
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FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money. (AP Photo/Matthias Schrader, file)
June 23, 2020 - 6:25 am
BERLIN (AP) — The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company's balance sheet in an accounting scandal that centers on a missing sum of 1.9 billion euros ($2.1 billion), prosecutors in Munich said Tuesday. Markus Braun resigned on...
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June 18, 2020 - 1:00 pm
Pacific Gas & Electric on Thursday was fined $4 million for the deaths of 84 people killed in a nightmarish Northern California wildfire ignited by the its long-neglected electrical grid. The sentencing comes as the nation's largest utility prepares to end a 17-month bankruptcy proceeding...
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Bill Johnson, chief executive officer and president of PG&E Corp., lowers his head after admitting the company's guilt in the deaths of 84 people in a 2018 wildfire, during a hearing in Butte County Superior Court in Chico, Calif., Tuesday, June 16, 2020. Johnson entered guilty pleas on behalf of the company for 84 felony counts of involuntary manslaughter stemming from the fire which was blamed on the company's crumbling electrical grid the wiped out the town of Paradise in November of 2018.(AP Photo/Rich Pedroncelli, Pool)
June 17, 2020 - 6:22 pm
The families of some of the 85 people killed by a horrific Northern California wildfire ignited by Pacific Gas & Electric's long-neglected equipment vilified the company Wednesday as greedy, corrupt and reckless, telling heartbreaking stories of their loss in court. The speakers tearfully told...
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FILE - This April 26, 2017, file photo shows the Twitter app icon on a mobile phone in Philadelphia. A tech-focused civil liberties group on Tuesday, June 2, 2020, sued to block President Donald Trump's executive order that seeks to regulate social media, saying it violates the First Amendment and chills speech. Trump's order, signed in late May, could allow more lawsuits against internet companies like Twitter and Facebook for what their users post, tweet and stream. (AP Photo/Matt Rourke, File)
June 17, 2020 - 5:01 pm
WASHINGTON (AP) — The Justice Department proposed Wednesday that Congress roll back long-held legal protections for online platforms such as Facebook, Google and Twitter, putting down a legislative marker in President Donald Trump’s drive against the social media giants. The proposed changes would...
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FILE - This Oct. 14, 2015 file photo shows the Food and Drug Administration campus in Silver Spring, Md. On Wednesday, June 17, 2020, the FDA said it has sent warning letters to three companies for marketing adulterated and misbranded COVID-19 antibody tests. The companies targeted by FDA include: Medakit Ltd. of Hong Kong, Antibodiescheck.com of the United Arab Emirates and Sonrisa Family Dental D.B.A. My COVID19 Club of Chicago. (AP Photo/Andrew Harnik, File)
June 17, 2020 - 5:01 pm
WASHINGTON (AP) — U.S. health regulators are cracking down on three companies for selling at-home blood tests for coronavirus, warning that the products have not been shown to safely and accurately screen for COVID-19. The Food and Drug Administration sent warning letters to the companies Wednesday...
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Butte County Superior Court Judge Michael Deems discusses the felony charges against PG&E Corp., regarding the deaths of 84 people in a 2018 wildfire that wiped out the town of Paradise, during a hearing in Chico, Calif., Tuesday, June 16, 2020. PG&E CEO Bill Johnson entered guilty pleas on behalf of the company for 84 felony counts of involuntary manslaughter stemming from the fire which was blamed on the company's crumbling electrical grid.(AP Photo/Rich Pedroncelli, Pool)
June 16, 2020 - 4:11 pm
SAN FRANCISCO (AP) — A scathing grand jury report released Tuesday after a 2018 Northern California wildfire killed 85 people found that Pacific Gas & Electric officials repeatedly ignored warnings about its failing power lines, performed inadequate inspections to focus on profits and refused...
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