Hints and tips:
...In a regulatory filing, NYCB said the weakness in its internal controls resulted from “ineffective oversight, risk assessment and monitoring activities”, noting that it would disclose a remediation plan...
...Nets owner Joe Tsai, the co-founder of Alibaba, wrote on Twitter on November 11 that he and his wife met with Irving as part of the remediation process....
...The numbers do not include the costs of Covid-19 remediation measures or supply chain disruption because these are regarded as temporary....
...“While we understand that the lack of a firm restart date is frustrating for many of our stakeholders, our focus is on the remediation plan and its successful execution which, in turn, will restore confidence...
...Today, as group executive for legal and commercial services, Cook leads a team of about 1,500 lawyers and other business professionals that look after legal, customer complaints and remediation....
...Jinyi Guo, Luckin’s chairman and chief executive, said in a statement: “This settlement with the SEC reflects our co-operation and remediation efforts, and enables the company to continue with the execution...
...The Fed ordered Citi to submit a remediation plan within four months....
...The company has established an “initial remediation plan” to deal with the shortcomings, which it said “did not result in any error or restatement of our financial statements”....
...Allergan, best known for its popular wrinkle treatment Botox, has been under pressure by Appaloosa to take “radical remediation measures” to improve its performance....
...“Of course, fully arresting Allergan’s decline will require rigorous follow-through and likely more radical remediation measures to be taken by this board.”...
...We have zero tolerance for failure to comply with our standards and we ensure swift action and appropriate remediation if we discover [supplier code] violations.”...
...The company booked $27m of pre-tax expenses related to the data breach, including investigation, legal and remediation costs....
...Initial investigation and remediation expenses, as well as the costs of lawyers and other professionals dealing with the fallout, contributed to a $27m charge in the third quarter....
...It’s important to note that we have both in anticipation that there will be some expenditures for remediation costs as well as the fact that there could be some sales impacts due to the temporary delays...
...Rising costs associated with remediation of the stricken facility threaten the financial viability of Tepco. So far this week, shares have rallied by a cumulative 18 per cent....
...However, remediation and strategic project expenditure “was greater than planned “ at £106m, up from £84.7m in the first half of last year, as the bank moved to address the “historic under-investment” in...
...Indeed, the DoJ alleged that the attacks resulted in “tens of millions of dollars in remediation costs as they worked to neutralize and mitigate the attacks on their servers”....
...“Defending a network against a determined nation state is an extremely tall order, particularly for a private entity, but we must ensure that there is emphasis placed on post-breach discovery and remediation...
...VW has also agreed to pay $2.7bn, over three years, to fund an environmental remediation trust operated by the Environmental Protection Agency....
...Analysts suggested the mine may not operate for years and estimated the groups could have to pay more than $1bn in remediation costs, fines and compensation....
...It’s the regulatory fines and cost of remediation that influence corporate strategy.”...
...In its most recent quarterly earnings Sony said its movies division expected to report a 90 per cent year-on-year drop in operating profit to Y2.4bn after booking $15m in investigation and remediation costs...
...“The impact of lost sales, remediation, costs, lawsuits and brand damage will probably be very large in comparison to the annual security budget at Sony Pictures,” he wrote in a note....
...electronics and entertainment group, said this week that it expected the film division to report a 90 per cent year-on-year drop on operating profit to Y2.4bn ($20.2m) after booking $15m in investigation and remediation...
...The UK will carry out an industry-wide “supervisory remediation programme” that will in some cases look at precious metals trading, the Financial Conduct Authority said on Wednesday....
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