Category: settle

Amazon will pay $135,000 to settle alleged US sanction violations
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Amazon will pay $135,000 to settle alleged US sanction violations

In a statement issued this week, the U.S. Treasury Department notes that Amazon has agreed to pay $134,523 to settle potential liability over alleged sanctions violations. The charges specifically pertain to goods and services sent to people located in Crimea, Iran and Syria, which are covered by Office of Foreign Assets Control (OFAC) sanctions, between…

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VW Group to pay $96.5M to settle inflated fuel economy lawsuit
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VW Group to pay $96.5M to settle inflated fuel economy lawsuit

VW Group of America said Friday it has reached an agreement with thousands of U.S. customers over alleged inflated fuel economy information on about 98,000 gas-powered vehicles from its four brands, Audi, Bentley, Porsche and Volkswagen. The agreement involves alleged misinformation about fuel economy on 98,000 vehicles, or about 3.5% of the model year 2013-2017…

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