DOJ launches fraud investigation over Elon Musk's tweets
"Musk said 'funding secured,' which is not a prediction, but a statement in past tense which seems like a fact, and this could be a strong case from the government side."
"Musk said 'funding secured,' which is not a prediction, but a statement in past tense which seems like a fact, and this could be a strong case from the government side."
SAN FRANCISCO - The U.S. Department of Justice has begun a criminal investigation into Uber Technologies Inc's use of a software tool that helped its drivers evade local transportation regulators, two sources familiar with the situation said. Uber has acknowledged the software, known as "Greyball," helped it identify and circumvent government officials who were trying to clamp down on Uber in areas where its service had not yet been approved, such as Portland, Ore. The company
Takata agrees to a deal with the feds.
James Robert Liang is facing five years in prison and a $250,000 fine.
Harley disagrees with the EPA, saying its Screamin' Eagle Pro Super Tuner was sold for off-road use only.
Wells Fargo allegedly violated the Servicemembers Civil Relief Act, a federal law that protects active duty servicemen from things like repossessions.
Pressure to maintain sales streak cited as main reason for the misreporting.
Investigators are looking into claims that FCA fudged its year-end sales numbers last December.
District Court Judge Charles Breyer has given VW less than a month to deliver a fix for the nearly 600,000 TDI vehicles in violation of emission regulations.
Volkswagen and environmental regulators can't come to terms on a fix for the automaker's emissions cheating diesel engines, according to a company insider.
The United States filed a lawsuit Monday against Volkswagen for concealing defeat devices in nearly 600,000 cars that were designed to cheat on emissions testing.
Volkswagen and the Department of Justice agree that the US District Court in Detroit, MI, would be a good location to combine the class-action lawsuits against the automaker.
Senators Richard Blumenthal and Amy Klobuchar are requesting that the Department of Justice pursue civil and criminal charges against VW for its emissions evasions. They don't want the agency to accept any kind of plea deal from the automaker.
Sumitomo Electric Industries and KYB have been ordered pay out millions to settle civil and federal price-fixing cases, respectively.
Honda is altering its lending policies and setting up a $24-million compensation fund after the Consumer Financial Protection Bureau charged that some of its dealers have engaged in discriminatory practices.
Auto parts supplier Bosch has agreed to pay a $57.8 million criminal fine to the Department of Justice for bid rigging and price fixing of spark plugs, oxygen sensors and starter motors.
The Ferguson Police Department used traffic enforcement as a means to systemically discriminate against minorities, a new report from the Department of Justice found.
The Fact Checker column in the Washington Post takes issue with a key report attacking dealer franchise laws. The paper, written at the Department of Justice in 2009, attempts to justify allowing manufacturers to sell directly to consumers, but because of some bad research, tried to make its case by citing a failed GM direct-sales program that had shut down years earlier.
The US government is tracking the whereabouts of millions of American motorists. Through the use of license-plate readers, federal authorities have collected and stored approximately 343 million records that detail the location of drivers around the country and housed them in a new national database.
The US Department of Justice is pursuing a case against an executive from Japanese parts supplier Takata for alleged price fixing of seatbelts from 2005 to 2011. If found guilty, he could face a maximum punishment of 10 years behind bars and a $1 million fine.