United Airlines to Pay $49 Million to Resolve Criminal Fraud Charges and Civil Claims

DOJ

United Airlines Inc. (United), the world’s third largest airline, has agreed to pay over $49 million to resolve criminal charges and civil claims relating to fraud on postal service contracts for transportation of international mail. read more »

SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity

SEC

As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity. read more »

Bioventus Agrees to Pay More Than $3.6 Million to Resolve False Claims Act Violations

DOJ

Bioventus, LLC, a global medical technology company, has agreed to pay the government $3,609,087.00 to resolve allegations that Bioventus violated the False Claims Act by submitting improperly completed certificates of medical necessity (CMN) for medically unnecessary devices from October 1, 2012 through December 31, 2018, U.S. Attorney Matthew G. T. Martin for the Middle District of North Carolina announced. read more »

Baker Hughes discloses SEC probe over projects affected by U.S. sanctions

REUTERS

Oilfield services provider Baker Hughes said the Securities and Exchange Commission is conducting an investigation into the company’s sale of products in projects that were impacted by U.S. sanctions. read more »