Legal & Regulatory
Audit Finds Australia's Treasury Overspending on Budget Night Functions
A recent report by the Australian National Audit Office found that the country’s Treasury department apparently spent over $22,000 on food, alcohol, and venues for its budget night functions, which allegedly breached its own probity laws and internal policies.
Under Armour Agrees to Pay $434 Million to Resolve Lawsuit Alleging It Misled Shareholders
Under Armour settled a class action lawsuit accusing company of misleading shareholders about sales growth for $434 million.
CDK Still Reeling from Cyberattack as Dealers Improvise to be Productive
CDK Global said that it would likely take several days to fix its system after it was hacked last week, urging affected dealerships to use alternative methods to become more productive.
Boeing may be Charged by US Prosecutors for Violating 2021 Settlement, According to Sources
Prosecutors recommended that the US Department of Justice file charges against Boeing after discovering it allegedly violated a settlement made in 2021 that shielded it from criminal charges.