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...Shortly afterwards, the company paid $18mn to settle a Securities and Exchange Commission investigation over disclosures made around its 2021 initial public offering....
...Once you’re in the system you can have an insight into all our customs declarations in Belgium,” Vanderwaeren said. “You can have a complete insight into the in and out of movement [through] Belgium.”...
...Petrobras was also at the centre of a massive bribery scandal revealed in the vast “Car Wash” investigation....
...oversight that’s occurring in Petrobras.”...
...“By 2050, even in the most conservative scenario, we’re still going to need around half the oil that we consume today....
...The litigation “will cost millions”, he said, “but we’re not only committed to going all the way, we’re going all the way.”...
...In the aftermath of the Enron and WorldCom fraud scandals in the early 2000s, US regulators introduced new security laws that required general counsel to report adverse information to audit committees, directors...
...Two-thirds of TPLF settlements for commercial litigation go to large rather than small companies, according to Swiss Re. But even funders working with big companies like to claim the moral high ground....
...The move to raise $500m in art-backed securities comes at a moment of deep distrust of Drahi in the bond market, however....
...In another recent story, a subsidiary of JPMorgan Chase reached an $18mn settlement with the US Securities and Exchange Commission resulting from violations of whistleblower protection rules, wherein JPMorgan...
...Petrobras also publishes annual results after the markets close in Brazil Economic data: New applications for unemployment aid for the week ended March 2 are published later and Mexico’s national statistics...
...“You ought to be very frightened if you’re a CEO,” reckons former Unilever chief executive Paul Polman, who has supported some climate litigation....
...In February, Prime Minister Rishi Sunak vowed to publish an annual “food security index”, as part of a push to win over rural communities ahead of the election....
...“We’re doing what the public wants, we’re being a cop on the beat,” he says. Some question whether Gensler’s broad agenda will ultimately prove too ambitious....
...so we’re able to get that market back,” Phelan added....
...Energy security is necessary, but we also must think about transition. Both things must happen.”...
...We’re also reading . . . US shale: The non-reaction of the oil market to recent events in the Middle East has been notable....
...“The filing will allow TFL to execute on its business plan while navigating ongoing legal proceedings, including representative litigation pending in Singapore and US litigation involving the Securities...
...“We’re really trying to get it off the ground again,” he said. “This is going to be a tremendous transformative process for Africa.”...
...They are affecting all aspects of security. [Not only] national security, homeland security, but they also address food security, energy security, water security, economic security....
...The years-long securities litigation, led by the UK’s Norfolk County Council, came after a rare and unexpected warning Apple issued on Chinese sales in January 2019....
...Exxon’s litigation is not the only live case involving shareholder proposals....
...And there is little room for manoeuvre in Brazil’s federal budget, since some 90 per cent of it is earmarked for non-discretionary items like social security and pensions....
...A court challenge was widely expected after the US securities regulator imposed a long-anticipated rule on company climate risks. In the event, the first lawsuit was filed in two hours....
...So collectively, this is, you know, some of the biggest litigation facing Berkshire in at least my time covering the company for many years....
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