On February 25, 2020, the Tenth Circuit Court of Appeals upheld the dismissal of shareholders’ securities-fraud class action against the Western Union Company (“Western Union”) and several of its current and former executive...more
3/2/2020
/ Aiding and Abetting ,
Anti-Fraud Provisions ,
BSA/AML ,
Class Action ,
Danske Bank ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Derivative Suit ,
Enforcement Actions ,
Failure to Comply ,
Federal Trade Commission (FTC) ,
Financial Transactions ,
FinCEN ,
Foreign Financial Institutions (FFI) ,
Misleading Statements ,
Pleading Standards ,
Popular ,
PSLRA ,
Public Statements ,
Regulatory Violations ,
Scienter ,
Securities Fraud ,
Shareholder Litigation ,
Stock Prices ,
Suspicious Activity Reports (SARs) ,
Western Union ,
Wire Fraud
Former Bankers Allegedly Concealed “Master of Kickbacks” from Internal Compliance Department -
A detailed indictment unsealed on January 3 in the Eastern District of New York alleges that former Credit Suisse bankers, a...more