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Former Tesla employee blasted by Elon Musk takes battle to SEC, filing whistleblower complaint
Glencore sets up board committee on U.S. money-laundering probe
Google to Face Multibillion-Euro European Union Antitrust Fine
Odebrecht agrees to pay Brazil government $700m over bribes
McInnis Law: 3 Whistleblower Cases against Health Quest End in Settlements with US and NY for $15.5 Million
Saudi defense ministry official arrested on bribery charges
Switzerland investigating 6 for suspected bribery of foreign officials in 1MDB probe
Apple and Alphabet grilled by US senators on data privacy practices
The Complete Compliance and Ethics Manual — 2018
Workplace Investigations: Techniques and Strategies for Investigators and Compliance Officers
On July 11, The Washington Post reported “Martin Tripp, the fired Tesla technician fighting a corporate legal battle and a war of words with CEO Elon Musk, has formally filed a tip with the Securities and Exchange Commission alleging the automaker lied to investors and used dangerous batteries in its electric cars, his attorney said. Tripp told the SEC on Friday that the Silicon Valley car company, whose $53 billion value rivals that of General Motors, had pushed for a number of potentially damaging measures to meet production quotas, including placing batteries with puncture holes into vehicles and reusing scrapped parts. The company, Tripp said, had also inflated the number of Model 3 sedans it was making each week by as much as 44 percent, skewing the figure that investors and buyers had for months watched closely for clues to Tesla’s performance.”
On July 11, Reuters reported, “Glencore Plc has established a board committee to oversee the mining company’s response to U.S. authorities’ demands for documents on its business in the Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption probe. The committee comprises of Chairman Tony Hayward and Independent Non-Executive Director Leonhard Fischer and Patrice Merrin, the company said in a statement on Wednesday. Swiss-based Glencore received a subpoena from the U.S. Department of Justice (DOJ) last week requesting documents and records on compliance with the U.S. Foreign Corrupt Practices Act and money-laundering statutes.”
On July 10, The Wall Street Journal reported, “The European Union’s antitrust watchdog is expected to find Alphabet Inc.’s Google illegally abused the dominance of its Android operating system for mobile phones, issue a multibillion-euro fine and order changes to the company’s Android-related business practices, people familiar with the matter said. The European Commission, the bloc’s executive arm, is expected to find that the California-based company’s actions allegedly thwarted potential competitors to safeguard its mobile-advertising business. The fine could surpass the €2.4 billion ($2.82 billion) that the EU levied against Google last year for abusing the dominance of its search engine to skew search results in favor of its own comparison-shopping service.”
On July 10, AFP News reported, “Corruption scandal-tainted construction giant Odebrecht has agreed to pay a multi-million dollar settlement to the Brazilian government for bribing public officials. The deal gives Odebrecht 22 years to complete the 2.7 billion reis ($700 million) payment as punishment for having bribed some 150 public officials in order to win massive construction contracts. This payment is part of a wider $2.6 billion package Odebrecht has committed to shell out to the United States, Switzerland and Brazil.”
On July 10, Cision PR Newswire reported, “McInnis Law announces the resolution of three whistleblower lawsuits against Health Quest Systems, Inc., a hospital system and network of healthcare providers headquartered in Lagrangeville, NY. According to settlement agreements released on July 9, 2018, Health Quest will pay the US $14.7 million and New York $880,000 to resolve allegations that it violated the federal and state False Claims Acts by submitting inflated and otherwise ineligible claims for Medicare and Medicaid reimbursement payments. The settlements stem from three separate qui tam whistleblower lawsuits filed in the federal district court in the Albany.”
On July 10, Reuters reported, “Saudi Arabia has arrested a defense ministry official on charges of receiving a 1 million riyal ($267,000) bribe and abusing his position, the SPA state news agency reported on Tuesday. ‘The official sought to facilitate irregular procedures for the disbursement of financial dues to a company, taking advantage of his professional influence,’ a statement quoted Attorney General Sheikh Saud al-Mujib as saying.”
On July 10, The Strait Times (Asia) reported, “Switzerland is investigating six people on suspicion of bribing foreign officials and other offences, as part of a money laundering investigation into Malaysian state fund 1MDB, the Swiss attorney-general's office said on Tuesday (July 10). Former Malaysian prime minister Najib Razak is not one of the ‘public officials under accusation’, the statement said. The six people under investigation by Swiss authorities are two former officials from 1MDB, two former officials from Abu Dhabi sovereign funds and two officials of Saudi energy group Petrosaudi, the Swiss Attorney General’s statement said.”
On July 10, Reuters reported, “Four senior U.S. House Republicans sent letters on Monday to the chief executives of Apple and Google parent Alphabet asking questions about location data and mobile phone privacy practices and the handling of customer data. The chairman of the Energy and Commerce Committee, Greg Walden, along with three other senior Republicans on the panel, wrote the companies ‘to probe the companies' representation of third-party access to consumer data, and the collection and use of audio recording data as well as location information via iPhone and Android devices.’
Alphabet said Monday that it would answer the committee's questions. ‘Protecting our users' privacy and securing their information is of the utmost importance to Google,’ the company said in an emailed statement.
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