Also known as “mulct,” a fine is a monetary penalty that a court imposes as punishment for committing a crime. In the US, Pfizer paid the largest criminal and civil fine in pharmaceutical industry. The company paid a total of $2.3 billion in fines. Quick take: what does a criminal fine mean? Willful failure to ... Read more The post What does a criminal fine mean and who paid the largest criminal fine in US history? appeared first on Recording Law.| Recording Law
In the US, Pfizer paid $2.3 billion in criminal and civil fines, the largest in recent pharmaceutical history. Across the ocean, TEPCO has already paid billions in fines for failing to meet nuclear powerplant safety requirements in Japan, and may end up paying much more. Class action lawsuits and individual claims against TEPCO continue to ... Read more| Recording Law
Cyberattacks are costly. Learn what the latest $250K HIPAA fine after a ransomware data breach in healthcare means for your practice.| Abyde
On 31 July 2025, the UK Office of Financial Sanctions Implementation (“OFSI”) announced that it had imposed a monetary penalty totalling GBP 300,000 on Markom Management Limited (“MML”), a provider of fiduciary, management, administration, bookkeeping and accounting services incorporated in the UK. The monetary penalty related to conduct in 2018 and a breach of the [...] The post UK Financial Sanctions Update: OFSI Imposes Monetary Penalty on Markom Management Limited appeared first o...| Global Sanctions and Export Controls Blog
In his inaugural speech as Information Commissioner, in 2022, John Edwards said my focus is on bringing certainty in what the law requires of you and your organisations, and in how the regulator ac…| informationrightsandwrongs
Protect your dental practice from costly HIPAA fines in dentistry! Learn from real-world examples of hefty penalties in dentistry.| Abyde
Fining students is a surface level approach to save face for the University rather than ensure student safety.| Cherwell
Casino Days fined $54,000 by the AGCO for promoting a deceptive bonus offer that encouraged high-risk gambling behavior and failed to disclose critical terms.| World Casino News
The sixth Risk Analysis Initiative HIPAA fine since the end of last year cost a practice $350,000. Learn more about this initiative here.| Abyde
John Pavitt is one of the few Melburnians who is allowed to break curfew, but the city he is waking up to has been transformed over the past month.| www.abc.net.au