- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2024-07-23T14:07:00
The Federal Communications Commission (FCC) is preparing to take enforcement action against AT&T for a data outage in February that blocked 92 million phone calls.
The FCC’s Public Safety and Homeland Security Bureau referred the matter, which occurred Feb. 22 and prevented 25,000 911 calls from being completed, to the agency’s Enforcement Bureau, the FCC said.
The outage impacted users in every state, plus Washington, D.C., Puerto Rico, and the U.S. Virgin Islands, the FCC said in a report, published Monday.
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2024-04-01T14:00:00Z By Aaron Nicodemus
AT&T said personal account data on approximately 73 million current and former customers was released on the dark web two weeks ago but has not yet identified when and where the breach occurred.
2022-12-05T21:16:00Z By Adrianne Appel
AT&T agreed to pay $6.25 million as part of a settlement with the Securities and Exchange Commission addressing allegations three of its executives fed sensitive financial information to Wall Street research analysts and not investors.
2022-10-17T18:10:00Z By Aaron Nicodemus
An Illinois-based subsidiary of AT&T will pay $23 million and revamp its ethics and compliance program following a criminal investigation into bribes the company paid attempting to influence the Illinois state legislature.
2025-04-18T17:45:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
2025-04-15T07:30:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
2025-04-11T08:00:00Z By Adrianne Appel
Block Inc., maker of the popular Cash App, has been hit with a $40 million fine by New York for its alleged failure to report suspicious activity. The move marks the latest in a string of recent state and federal enforcement actions against the company.
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