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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-04-14T17:39:00
Adobe agreed to pay $3 million to settle allegations it paid kickbacks in an attempt to win more software purchase orders from the federal government.
Adobe gave improper payments to companies between January 2011 and December 2020 that had contracts with the federal government and were in position to influence the government to buy Adobe software, the Department of Justice (DOJ) said in its settlement agreement published Thursday.
Adobe paid the companies a percentage of the purchase price of the software under its “Solution Partner” program, the DOJ alleged.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-05-18T18:57:00Z By Jeff Dale
A judge affirmed more than $487 million in penalties and damages against Precision Lens and its owner after a jury found they filed tens of thousands of false claims to Medicare and violated the Anti-Kickback Statute.
2023-05-12T18:48:00Z By Jeff Dale
Alaska-based telecommunications provider GCI Communications Corp. agreed to pay more than $40.2 million as part of a settlement agreement with the Department of Justice for alleged violations of the False Claims Act.
2023-04-25T19:10:00Z By Adrianne Appel
Utah-based military equipment manufacturer L3 Technologies agreed to pay $21.8 million to settle false claim charges levied by the Department of Justice regarding double-billing the Department of Defense for certain parts.
2024-11-21T20:19:00Z By Oscar Gonzalez
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
2024-11-20T18:15:00Z By Aaron Nicodemus
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
2024-11-19T21:05:00Z
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
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