Ghislaine Maxwell faces new charges as US prosecutors expand criminal case THE GUARDIAN
EY drops appeal against $10.8m whistleblower payment BBC Global accounting and consultancy firm EY has dropped its appeal against a judge's decision ordering it to pay $10.8m to a whistleblower who flagged money laundering concerns. read more »
Cuomo-accuser Boylan, other survivors back bill to take alleged abusers to court NPR
Volkswagen recalls Audi A3s in the U.S. over air bag concerns REUTERS Volkswagen has issued a recall for more than 150,000 Audi vehicles in the United States on concerns that their passenger air bags might not activate, according to a filing to the National Highway Traffic Safety Administration. read more » Tesla’s Touchscreen Shifter Seems Like a Really Bad Idea MOTORTREND
Federal Court Orders UK Man to Pay More Than $571 Million for Operating Fraudulent Bitcoin Trading Scheme CFTC
USC will pay $1.1 billion to settle scores of sexual abuse cases involving former campus gynecologist CNN
Volkswagen to seek dieselgate damages from former CEO, Audi boss REUTERS Volkswagen will claim damages from former Chief Executive Martin Winterkorn and former Audi boss Rupert Stadler over its diesel emissions scandal, the carmaker said on Friday, trying to draw a line under its biggest-ever crisis. read more »
GM's large SUVs recalled for potential seat belt defect CNET
U.S. regulator opens inquiry into Wall Street's blank check IPO frenzy REUTERS The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter. read more »
UK Mercedes-Benz car owners seek damages over alleged emissions cheating THE GUARDIAN
U.S. SEC begins roll-out of law aimed at delisting Chinese firms REUTERS The top U.S. securities regulator on Wednesday said it has adopted a measure that would kick foreign companies off U.S. stock exchanges if they do not comply with U.S. auditing standards. read more » Three Indicted in Bribery Scheme Related to U.S. Military Contracts in Alaska DOJ
Ghislaine Maxwell’s third request to leave jail is denied by N.Y. judge WASHINGTON POST
How Volkswagen’s emissions scandal set the stage for a pivot to electric vehicles NEW YORK TIMES
McKinsey settles with holdout Nevada for $45 million over role in opioid crisis REUTERS McKinsey & Co will pay $45 million to settle an investigation by Nevada of the big consulting firm’s role in fueling the U.S. opioid epidemic. read more » Texas Doctor Accused of False Claims Act Violations DOJ
How Volkswagen’s Sins Fueled Its Redemption NEW YORK TIMES Not long ago Volkswagen was a global pariah after pleading guilty to the biggest emissions fraud in automotive history. Now it is the toast of the stock market, with its shares worth twice as much as they were a year ago. read more »