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Real estate agent fined for failing to disclose leak

2015-12-14 22:58:38| Real Estate - Topix.net

The complainants had claimed prior to their purchasing the property the agent had failed to disclose there was a historical leak at the property. Photo / File A real estate agent has been fined $2000 and censured over her failure to disclose a serious historic leak and rotting wall.

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US retailers fined $1.3m for mislabelling bamboo

2015-12-10 11:38:00| Daily apparel & textile news and comment - from just-style.com

Four US retailers including JC Penney, Nordstrom and outdoor clothing seller Backcountry.com have been fined a total of $1.3m for falsely labelling and advertising rayon textiles as being made of "bamboo".

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Competition Bureau says Toyo Tire fined $1.7M in bid-rigging scheme

2015-12-10 01:54:09| Automakers - Topix.net

Japanese tire manufacturer Toyo Tire & Rubber has will pay a $1.7-million fine after pleading guilty today to three counts of bid-rigging under Canada's Competition Act. The Competition Bureau says the fine was punishment for Toyo's participation in an international bid-rigging conspiracy related to the supply of anti-vibration components to Toyota Motor Corp. The bureau says that between June 2004 and August 2006 Toyo engaged in secret agreements with other suppliers of anti-vibration components in response to requests for quotes issued by Toyota for certain Corolla, RAV 4 and Lexus 350 RX models.

Tags: competition bureau scheme tire

 

Barclays fined for poor client checks

2015-11-26 10:57:20| BBC News | Business | UK Edition

Banking giant Barclays has been fined 72m for failing to conduct proper checks on very rich clients because it did not want to inconvenience them.

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Shell fined by Aberdeen Sheriff Court over Gannet Alpha oil leak in 2011

2015-11-25 01:00:00| Offshore Technology

Oil giant Shell has been fined 22,500 by the Aberdeen Sheriff Court in Scotland over an oil spill in the North Sea in 2011.

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