Home Depot will pay at least $19.5m in compensation to the 50 million customers hit by hackers who infiltrated the chain’s sales tills in 2014. The US home improvement warehouse will create a $13m fund to reimburse shoppers and spend a further $6.5m providing a year’s worth of identity protection for those impacted. Those are the terms of an agreement disclosed in federal court in its home town …
The big appeal behind Jessica Alba’s Honest Company–besides the celebrity factor, if that dazzles you–is the simplicity it promises. The transparent bottles clearly label the good stuff that’s in the product and the bad stuff that isn’t. On its website, the company offers its “honestly free guarantee”: “Providing clear, credible, transparent information.
After receiving an inquiry from a government agency, such as a subpoena, a Civil Investigative Demand (“CID”), or an informal request for information, public companies ask whether they must disclose publicly that they may be under investigation. A corollary question to public disclosure is how broadly to disclose internally, to lenders, or to D&O insurers. The standards for disclosing …
Volkswagen deleted documents and obstructed justice after the U.S. Environmental Protection Agency accused the automaker of cheating on emissions tests, a former employee alleged in a lawsuit. Daniel Donovan says in a whistleblower case that he was wrongfully fired Dec. 6 after refusing to participate in the deletions and reporting them to a supervisor. The lawsuit says the evidence deletion …
Does that look like a foot to you? Photo via Flickr user Rusty Clark
A recent class-action lawsuit has ensured that Subway will start selling $5 footlongs that actually measure 12 inches, the Guardian reports. The case of the missing inches began back in 2013, when an Australian boy’s incriminating photo of an 11-inch “footlong” sub went viral.
Volkswagen’s top executive in the US, Michael Horn, has left the company almost six months after the emissions scandal came to light in the country. VW confirmed that Michael Horn was leaving “to pursue other opportunities effective immediately”. The statement did not give any further information on the decision, which was a surprise given he was a veteran of 25 years at the company and had …
The suit also mentions a tweet posted by Patriarch Partners CEO Lynn Tilton about the February bankruptcy. In 2011, TransCare EMTs Arlene Testa and Frank Maddalena delivered a baby at the White Plains TransCenter. TransCare employees have not been paid in what CEO Glenn Leland called a “short-term payroll crisis.”(Photo: TJN) 156 CONNECTTWEETLINKEDINCOMMENTEMAILMORE Former employees for a …
(WASHINGTON) — Volkswagen’s top U.S. executive is stepping down amid the company’s ongoing emissions cheating scandal, the company announced Wednesday. U.S. President and CEO Michael Horn is leaving “to pursue other opportunities effective immediately,” the automaker said in a statement. He had been with the German auto maker for 25 years, assuming his most recent post in 2014.
When Apple launched its first iPad back in 2010, the company also unveiled an e-books marketplace. Federal courts say the company broke antitrust laws by setting prices with book publishers to target Amazon and its Kindle reader.Saeed Khan/AFP/Getty Imageshide caption When Apple launched its first iPad back in 2010, the company also unveiled an e-books marketplace. Federal courts say the …
Federal authorities sought Thursday to drop a criminal indictment of bid rigging against Oklahoma energy tycoon Aubrey McClendon, who died in a fiery single-car crash just hours after the indictment was announced. Meanwhile, attorneys for a northwest Oklahoma landowner filed a class-action lawsuit Thursday against McClendon’s former company, Chesapeake Energy, alleging a conspiracy that …