Financial Fraud Law

Recent Posts

Bridgestone to Plead Guilty to Price Fixing on Automobile Parts and Will Pay $425 Million Criminal Fine
Posted on 13 Feb 2014 by Steven A. Meyerowitz

Bridgestone Corp., a Tokyo, Japan-based company, has agreed to plead guilty and to pay a $425 million criminal fine for its role in a conspiracy to fix prices of automotive anti-vibration rubber parts installed in cars sold in the United States and elsewhere... Read More

$544.8 Million in Attorneys’ Fees Awarded in Credit Card Class Action
Posted on 17 Jan 2014 by Steven A. Meyerowitz

The U.S. District Court for the Eastern District of New York has granted attorneys’ fees in the amount of $544.8 million, and expenses in the amount of $27,037,716.97, in the antitrust class action brought in 2005 by merchants against Visa, MasterCard... Read More

$8 Billion Collected by Justice Department in Civil and Criminal Cases in Fiscal Year 2013
Posted on 10 Jan 2014 by Steven A. Meyerowitz

The Justice Department collected a lot of money in civil and criminal cases during the last fiscal year. Attorney General Eric Holder totaled it up, and came to at least $8 billion. “The department’s enforcement actions not only help to... Read More