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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-01-10T16:33:00
Meta and the Department of Justice agreed on the targets the technology giant must reach when delivering housing ads to customers in order to comply with federal housing antidiscrimination rules, the DOJ announced Monday.
Meta, previously known as Facebook, has hired a third-party, Guidehouse, to verify for the DOJ whether Meta is meeting compliance targets going forward, the agency said.
Meta settled with the DOJ in June after the department filed a complaint alleging the company’s automated housing advertising system, which was based on mathematical algorithms, potentially discriminated against certain populations, a violation of the Fair Housing Act. The advertising platform sorted through known user characteristics, including gender and race, and chose which consumers should receive certain housing ads, according to the complaint filed in U.S. District Court for the Southern District of New York.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2023-04-19T18:10:00Z By Jeff Dale
General Motors agreed to pay $365,000 to settle charges it discriminated against non-U.S. citizens by requiring prospective hires to provide unnecessary documents as part of its export compliance assessment.
2024-07-02T20:35:00Z By Adrianne Appel
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
2024-07-02T19:43:00Z By Aaron Nicodemus
The U.S. Supreme Court extended the statute of limitations for businesses attempting to challenge some federal regulations, allowing regulated entities a longer timeline to appeal a decision.
2024-07-02T14:42:00Z By Adrianne Appel
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
2024-07-02T13:50:00Z By Aaron Nicodemus
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
2024-07-01T21:14:00Z By Adrianne Appel
A Minnesota dermatology practice, its owner, and chief executive agreed to pay $1.6 million to settle allegations, first brought by two whistleblowers, that the company violated the Anti-Kickback Statue by making false claims to Medicare.
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