Tag Archives: Settles

Crypto firm BlockFi settles with SEC, states for $100M over interest, lending accounts

The Securities and Exchange Commission on Monday settled charges with BlockFi Lending over its failure to register its cryptocurrency interest account, bringing the largest ever penalty against a crypto firm. The SEC found BlockFi violated three areas of federal securities laws – including selling unregistered securities, operating as an unregistered investment company and making “material false and misleading statements” on its website that the loans were over collateralized. “This is… Source link

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Google settles children’s privacy suits brought by New Mexico

Google has agreed to set up a privacy and online safety initiative for children in New Mexico, after being accused of violating U.S. law that governs children’s privacy on the internet. Driving the news: Google LLC and New Mexico Attorney General Hector Balderas announced a settlement Monday over allegations Google violated the Children’s Online Privacy Protection Act (COPPA) and New Mexico state consumer protection laws. Two federal court cases New Mexico filed against Google are resolved by… Source link

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Google settles with Laurence Berland, who was allegedly fired for his workplace activism

Google reached a settlement with a fired employee who the National Labor Relations Board (NLRB) claims was let go from the company for his workplace activism, Bloomberg reports. The employee, Laurence Berland, was fired in 2019 allegedly for violating Google’s data security policies. He had been a vocal critic of Google’s work with the US Customs and Border Protection and was terminated amid internal organizing. The settlement was approved in July by the NLRB, though the terms… Source link

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Google settles with French trustbusters

Jun 12th 2021 San Francisco ANOTHER DAY, another antitrust case against big tech. In May alone the attorney-general of the District of Columbia filed a complaint against Amazon, Germany’s competition authority went after Amazon and Google to determine whether they have “paramount significance for competition across markets”, and its Italian counterpart hit Google with a €100m ($122m) fine for restricting access to Android Auto, a version of the firm’s mobile operating system for… Source link

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Google settles with labor board in win for new union

Google must allow workers at one of its data centers in South Carolina to talk about their pay and inform them of their rights to organize under a settlement it reached with the National Labor Relations Board. Alphabet Inc. GOOGL, +0.78% GOOG, +0.64% and subcontractor Modis E&T have agreed to post notices telling employees, among other things, that they have the right to form, join or assist a union; discuss pay and working… Source link

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Google Settles Pay and Hiring Bias Case for $3.8 Million

Google has agreed to pay about $3.8 million to settle allegations of systemic compensation and hiring discrimination at California and Washington worksites. More than 5,500 current employees and job applicants will receive payments under a conciliation agreement, according to the U.S. Department of Labor (DOL). The DOL’s Office of Federal Contract Compliance Programs (OFCCP) uncovered pay disparities for female software engineers during a routine compliance review, the agency said on Feb. 1…. Source link

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Google Settles With Labor Department Over Hiring, Pay Discrimination Claims

Alphabet Inc.’s GOOG 1.84% Google LLC agreed to pay more than $3.8 million to resolve a case of hiring and pay discrimination at several locations in California and Washington state, the Labor Department said. Under the terms of the agreement, Google agreed to pay nearly $1.4 million in back pay and interest to 2,565 female employees in engineering positions and about $1.2 million in back pay and… Source link

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