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Daily Compliance News

June 29, 2022 the Spies, Lies and Money-Laundering Edition


In today’s edition of Daily Compliance News:
·      Credit Suisse found guilty. (FT)
·      EY hit with a $100MM fine for cheating. (WSJ)
·      Uber ex-security chief facing criminal fraud charges. (Reuters)
·      Does Cfius review include corruption? (WSJ)

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Daily Compliance News

April 19, 2022 the Cesspool of Corruption Edition


In today’s edition of Daily Compliance News:

  • Ohio a cesspool of GOP corruption. (TheHill)
  • Can SEC require gag orders? (NYT)
  • Loretta Lynch to lead racial audit at Amazon. (Bloomberg)
  • If you remove litigation to arbitration, you must pay the fees. (Reuters)
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Daily Compliance News

December 16, 2020-Uber Fine edition


In today’s edition of Daily Compliance News:

  • Uber fined $59MM for withholding assault data. (HuffPost)
  • Another Covid side effect-pilot rustiness. (BBC)
  • Why did Toobin did it. (NYT)
  • PPP overhaul. (WaPo)
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Daily Compliance News

August 24, 2020-the Uber Pays edition

What are of the top compliance and corruption stories for August 24, 2020? Check on the Daily Compliance News to find out.
In today’s edition of Daily Compliance News:

  • Should Fed rethink its mandate. (WaPo)
  • Business write downs surge. (WSJ)
  • Lyft and Uber back off threats to abandon California. (NPR)
  • Uber paid hush money to hackers. (NPR)
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Daily Compliance News

March 21, 2020-the Levandowski pleads guilty edition


In today’s edition of Daily Compliance News:

  • PG&E reaches deal with CA. gov. (NYT)
  • Levandowski pleads guilty to trade-secret theft. (Washington Post)
  • The palm oil industry and the FCPA. (WSJ)
  • Boards need to review succession plans. (WSJ)
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Daily Compliance News

March 20, 2020-the Where are you working?edition


In today’s edition of Daily Compliance News:

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12 O’Clock High-a podcast on business leadership

Leadership Lessons from Super Pumped

I turn the tables on Richard Lummis this week as I interview him on the recent bestseller Super Pumped-the Battle for Uber by Mike Issac. Highlights of this podcast include:

  1. What were Kalanick’s leader failures?
  2. How did Trump’s first Muslim ban negatively impact Uber and start Kalanick’s downfall?
  3. What was the role of the Susan Fowler blog in the downfall of Kalanick
  4. What was the role of the Board and what were the Board missteps?
  5. What were the structural issues around stock ownership and how did they negatively impact corporate governance?
  6. Does Uber have a valid business model going forward?
  7. What is disruption and why can it be so powerful?
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Daily Compliance News

November 26, 2019, the Uber Loses its License (again) edition

In today’s edition of Daily Compliance News:

  • Petrofac identified as Unaoil client and under SFO investigation. (The Guardian)
  • Uber license not renewed in London. (NYT)
  • Feds charge former executives of startup Outcome Health with fraud. (WSJ)
  • Alstom’s UK sub ordered to pay $21.2MM for corruption in Tunisia. (WSJ)
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Daily Compliance News

August 28, 2019- the ‘Did he just say that?’ edition

In today’s edition of Daily Compliance News:
  • Former Uber engineer charged with theft of trade secrets. (NYT)
  • Deutsche Bank has Trump tax returns. (WSJ)
  • Will Perdue Pharma settle in Bankruptcy Court? (Reuters)
  • Lowe’s EVP puts big foot in wide open mouth. (WSJ)
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Daily Compliance News

August 26, 2019-Uber got lost edition

In today’s edition of Daily Compliance News:

  • How Uber lost its way. (NYT)
  • J&J faces judgment over opioid crisis . (FT)
  • Mandatory company praise. What could go wrong? (FT)
  • Doing business with the world’s 2nd largest economy? Better start making contingency plans. (NYT)