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A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals).
By Blake Brittain. GlobalFoundries and IBM said on Thursday that they have settled dueling lawsuits claiming that GlobalFoundries breached a contract with IBM and that the computer giant misused ...
Shares of Convoy Global Holdings, the financial services company at the centre of Hong Kong's biggest corporate scandal, will be delisted on Tuesday as it had failed to fulfil its obligation that ...
NEW DELHI (Reuters) -Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ...
In 2012, the Estonian Financial Supervision Authority published a critical report on the Danske Bank's activities. One of Russian whistleblower Sergei Magnitsky's stolen Hermitage Capital Management subsidiaries, Diron Trade LLP which had a Great Britain postal box, assisted in $5.8 billion in money laundering transfers between Swedbank's Baltic subsidiaries and Danske Bank during 6 months in ...
The 2014 JPMorgan Chase data breach was a cyberattack against American bank JPMorgan Chase that is believed to have compromised data associated with over 83 million accounts—76 million households (approximately two out of three households in the country) and 7 million small businesses. [1]
WASHINGTON (Reuters) -The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave and its CEO Jason Wilk for alleged ...
Attorneys for Meta shareholders asked a Delaware judge Monday to sanction the company's former Chief Operating Officer Sheryl Sandberg and fellow Facebook board member and current White House ...