Legal & Regulatory

BMW Recalls Over 390,000 US Cars Over Potential Issues With Takata Airbags

BMW Recalls More Than 390,000 US Cars Over Potential Issues With Takata Airbags

BMW has issued a recall for 394,000 cars in the US because of defective Takata airbag inflators that might cause severe or fatal injuries.


Ex-Senator William McCann Sentenced to Prison for Campaign Fraud and Tax Evasion

Former Illinois state senator and gubernatorial candidate William "Sam" McCann was sentenced to 3.5 years in federal prison for fraudulent use of campaign funds and money laundering.

Archegos Founder Bill Hwang Found Guilty of Securities Fraud

Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.

Australian State Requires Retailers to Close for Anzac Day, Retailers Slam Decision

The Australian state of New South Wales announced that general retail trade would be closed for the entirety of April 25 every year in commemoration of Anzac Day.


Latest News

UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.
Chinese Firm Under Fire For Confining Employee in Dark Room to Make Him Resign
Guangzhou Duoyi Network Co. Ltd confined an employee, Liu Linzhu, to a dark room without power or communication for four days to pressure him into resigning.
Swiss authorities have banned the use of the Sarco "suicide capsule," set to debut in euthanasia clinics, citing ethical and legal concerns about the device's method.
Apple, Microsoft Back Out From OpenAI Board Seats Over Antitrust Concerns
Despite initial plans to fill OpenAI's board seats, Apple and Microsoft will exit instead to avoid regulatory concerns but will continue their collaborative partnerships.
Anonymous Messaging App NGL Banned From Serving Minor Users Following FTC Directive
The Federal Trade Commission (FTC) took a historic step by prohibiting the online messaging platform NGL from catering to users younger than 18.
Woman Allegedly Used Dead 'Sugar Daddy's' Severed Thumb to Steal From His Bank Account
A woman was accused of using her deceased "sugar daddy's" severed thumb to access his bank account.
Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance.
Yonge Street Capital Co-Founder Nathanael Aikman Found Guilty of Fraud, Sentenced to 4-Year Jail Time
Yonge Street Capital co-founder Nathanael Anthony Aikman has been found guilty of fraud charges by a Canadian provincial court for accepting millions of dollars from investors.
Crypto Scammers Steal Former Texas Businessman's Nearly $300,000 Retirement Savings
A former Texas businessman has fallen victim to a crypto scam, losing nearly $300,000 of his retirement savings.
US DOJ Disrupts Russian AI-Enhanced Social Media Operation Spreading Pro-Russia Messages
The US Department of Justice has disrupted a Russian operation using fake social media accounts enhanced by artificial intelligence to propagate pro-Kremlin messages covertly in the United States and internationally.
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