scandal News

Viewpoint: How Engineering Fraud Inspired Birth of the American Policyholder Assn.

The morning dawned cold and gray on Feb. 18, 2015 in Uniondale, N.Y. Law enforcement officers gathered outside the offices of HiRise Engineering.1 It was a leading engineering firm that issued storm-damage causation reports for some of the nation’s largest …

Facebook Pays Record $5 Billion to Settle U.S. Privacy Claims

Facebook Inc. agreed to pay a record $5 billion to resolve a U.S. investigation into years of privacy violations, a settlement that increases the board of directors’ responsibility for protecting users’ data while changing little about the company’s lucrative advertising …

News Corp Investors Face Long Odds Over Hacking

News Corp shareholders angry over the hacking scandal engulfing Rupert Murdoch’s media conglomerate face an uphill fight trying to hold company executives and directors responsible in court. In the nearly six weeks since the scandal erupted, shareholders have seen roughly …