The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Commerce, Calif.-based 99 Cent Only Stores Texas Inc. with 19 serious safety and health violations at the company’s Houston distribution center. Proposed penalties total $121,000. The alleged violations …
A Texas company that profited for decades by supplying mentally disabled workers to an Iowa turkey plant at wages of 41 cents per hour must pay the men $1.37 million in back wages, a federal judge has ruled. The judgment …
A Nevada judge has fined Las Vegas Sands Corp. $25,000, citing its failure to disclose important information in a lawsuit filed by a fired executive against the casino company. Clark County District Judge Elizabeth Gonzales has ruled that Las Vegas …
Standard Chartered Plc agreed to pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal that helped push up the emerging market-focused lender’s shares. The deal with New York Superintendent of Financial …
Texas regulators have fined Loya Insurance Co. $300,000 for what investigators call unfair and deceptive business practices. The Department of Insurance also says Loya failed to file accurate information on rates for its 210,000 drivers in Texas. The company has …
A federal judge has spared a former Chicago executive the necessity of serving the final few months of his prison sentence for stealing millions from his insurance brokerage. U.S. District Judge Ruben Castillo, citing glowing reports of his behavior in …
The UK’s Financial Services Authority (FSA) announced that it has fined Mitsui Sumitomo Insurance Company (Europe) Ltd (MSIEu) £3.345 million [$5.4 million] “for serious corporate governance failings, and imposed a ban and fine of £119,303 [$192,622] on its former executive …
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Houston-based IFCO Systems North America Inc. with 10 serious, three repeat and six other-than-serious violations for exposing workers to safety and health violations at its facility on Tacco …
Citgo Petroleum Corp was fined $303,294 for a July 2009 explosion and fire at its 163,000 barrel per day (bpd) Corpus Christi, Texas, refinery that injured one worker and nearly spread toxic hydrogen fluoride over Corpus Christi. The Texas Commission …
