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  • Boeing Reaches Agreement with Department of Justice

    Boeing Reaches Agreement with Department of Justice

    Boeing Reaches Agreement with Department of Justice | site |


    (Information contained in The Boeing Company press release dated: January 7, 2021) Chicago, Jan. 7, 2021 - - Today, Boeing (NYSE:BA, “the Company”) announced that it has entered into an agreement with the U.S. Department of Justice (DOJ), which resolves the Department’s investigation into the Company relating to the evaluation of the Boeing 737 MAX airplane by the Federal Aviation Administration (FAA). As part of Boeing’s resolution with DOJ, the Department has agreed to defer prosecution of the company, provided that Boeing abides by the obligations set forth in a three-year deferred prosecution agreement, after which time the charge will be dismissed. Under the agreement, Boeing will pay a penalty of $243.6 million and provide $500 million in additional compensation to the families of those lost in the Lion Air and Ethiopian Airlines accidents. The agreement also includes a commitment t...
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  • U.S. Education Department Reaches Agreement with Palo Alto Unified School District to Ensure Prompt and Equitable Responses to Reports of Violations of Title IX

    U.S. Education Department Reaches Agreement with Palo Alto Unified School District to Ensure Prompt and Equitable Responses to Reports of Violations of Title IX




    Washington, DC - - (March 9, 2017) - - The U.S. Department of Education's Office for Civil Rights (OCR) has reached an agreement with the Palo Alto Unified School District in Palo Alto, California after finding that the district's handling of complaints violated Title IX of the Education Amendments of 1972. Title IX prohibits discrimination on the basis of sex in education programs and activities receiving federal financial assistance.

    During OCR's June 2013 proactive investigation of the district's handling of Title IX complaints, OCR received a complaint in March 2014 alleging that the district failed to respond promptly and equitably to reports that students were subjected to sexual harassment. OCR's investigation included reviewing the policies and procedures utilized by the district,
    ...
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  • Treasury Department Reaches 100 Million Dollars Settlement With Zhongxing Telecommunications Equipment Corporation

    Treasury Department Reaches $100 Million Settlement With Zhongxing Telecommunications Equipment Corporation

    Treasury Settlement Part of Interagency Investigation into Apparent Violations of Iranian Transactions and Sanctions Regulations





    Washington, DC - - (March 7, 2017) - - As part of a combined $1.192 billion resolution, pending court approval, with federal agencies, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $100,871,266 settlement agreement with Zhongxing Telecommunications Equipment Corporation and its subsidiaries and affiliates, as well as with ZTE Kangxun Telecommunications Ltd. and its subsidiaries and affiliates (collectively referred to as “ZTE”), to settle ZTE’s potential liability for apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560. If ZTE’s criminal plea is approved in federal court, the combined resolution figure would
    ...
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  • Staff Reporter 1
    Boeing Reaches Agreement with Department of Justice
    by Staff Reporter 1
    Boeing Reaches Agreement with Department of Justice | site |


    (Information contained in The Boeing Company press release dated: January 7, 2021) Chicago, Jan. 7, 2021 - - Today, Boeing (NYSE:BA, “the Company”) announced that it has entered into an agreement with the U.S. Department of Justice (DOJ), which resolves the Department’s investigation into the Company relating to the evaluation of the Boeing 737 MAX airplane by the Federal Aviation Administration (FAA). As part of Boeing’s resolution with DOJ, the Department has agreed to defer prosecution of the company, provided that Boeing abides by the obligations set forth in a three-year deferred prosecution agreement, after which time the charge will be dismissed. Under the agreement, Boeing will pay a penalty of $243.6 million and provide $500 million in additional compensation to the families of those lost in the Lion Air and Ethiopian Airlines accidents. The agreement also includes a commitment t...
    01-11-2021, 07:09 PM
  • OverSeer
    U.S. Education Department Reaches Agreement with Palo Alto Unified School District to Ensure Prompt and Equitable Responses to Reports of Violations of Title IX
    by OverSeer
    U.S. Education Department Reaches Agreement with Palo Alto Unified School District to Ensure Prompt and Equitable Responses to Reports of Violations of Title IX




    Washington, DC - - (March 9, 2017) - - The U.S. Department of Education's Office for Civil Rights (OCR) has reached an agreement with the Palo Alto Unified School District in Palo Alto, California after finding that the district's handling of complaints violated Title IX of the Education Amendments of 1972. Title IX prohibits discrimination on the basis of sex in education programs and activities receiving federal financial assistance.

    During OCR's June 2013 proactive investigation of the district's handling of Title IX complaints, OCR received a complaint in March 2014 alleging that the district failed to respond promptly and equitably to reports that students were subjected to sexual harassment. OCR's investigation included reviewing the policies and procedures utilized by the district,
    ...
    03-16-2017, 02:00 AM
  • OverSeer
    Treasury Department Reaches 100 Million Dollars Settlement With Zhongxing Telecommunications Equipment Corporation
    by OverSeer
    Treasury Department Reaches $100 Million Settlement With Zhongxing Telecommunications Equipment Corporation

    Treasury Settlement Part of Interagency Investigation into Apparent Violations of Iranian Transactions and Sanctions Regulations





    Washington, DC - - (March 7, 2017) - - As part of a combined $1.192 billion resolution, pending court approval, with federal agencies, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $100,871,266 settlement agreement with Zhongxing Telecommunications Equipment Corporation and its subsidiaries and affiliates, as well as with ZTE Kangxun Telecommunications Ltd. and its subsidiaries and affiliates (collectively referred to as “ZTE”), to settle ZTE’s potential liability for apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560. If ZTE’s criminal plea is approved in federal court, the combined resolution figure would
    ...
    03-10-2017, 03:53 PM

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