U.S. Department of Justice

The U.S. Justice Department plans to slap a second anti-competitive lawsuit against Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) over its digital advertising business, Bloomberg reports. The Trump government-led scrutiny into Google's ad tech market dominance...

Citing competition concerns, the U.S. Department of Justice (DOJ) is asking the Surface Transportation Board (STB) not to approve a request by Canadian railway CN (NYSE: CNI) to form a voting trust. The voting trust would be used to acquire Kansas City Southern (NYSE: KSU). CN is seeking to...

The Justice Department (DOJ) has formed a task force to curb the ransomware cyberattacks and target the digital ecosystem that supports the attacks, the Wall Street Journal reports. Acting Deputy Attorney General John Carlin’s internal memorandum stated that the cyber threats...

The U.S District Judge presiding over the antitrust hearing against Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) dominance in the internet search remarked that the case warrants a new proposal over the sensitive nature of the content being discussed, especially the data collected from...

Nikola Corporation (NASDAQ: NKLA), in a regulatory filing on Monday, disclosed that the company is facing legal proceedings from multiple federal bodies, stemming from the short seller allegations in September. The electric vehicle company, along with current and former employees, has...

Pfizer Inc (NYSE: PFE) in the SEC filing, disclosed that the U.S. stock market regulator and the Justice Department have informally sought information related to its operations in China. What Happened: The initial request for information was made in June by the U.S. Department of...

The United States Department of Justice has seized Bitcoin worth more than $1 billion associated with the illegal Silk Road marketplace. What Happened: The seized cryptocurrency, about 69,000 bitcoins, belonged to the founder of Silk Road — Ross Ulbricht — who was convicted of...

The United States Department of Justice is considering filing a lawsuit in a bid to stop Visa Inc’s (NYSE: V) acquisition of fintech company Plaid Inc. over antitrust concerns, the Wall Street Journal reported Tuesday. What Happened: The Justice Department is...

Walmart Inc (NYSE: WMT) has taken preemptive legal action against the federal government to avoid a civil lawsuit against the company related to the operation of its 5,000 in-store pharmacies, the Wall Street Journal reported Thursday. What Happened: The Bentonville, Arkansas-headquartered...

John McAfee, the founder of the eponymous software firm McAfee Corporation, has been arrested in Spain and faces extradition to the United States over tax evasions charges, the U.S. Department of Justice said Monday. What Happened: The Tax Division of the Justice Department unsealed an...

Gilead Sciences, Inc (NASDAQ: GILD) has agreed to pay $97 million to settle allegations that it illegally paid for Medicare co-pays for its own pulmonary arterial hypertension drug Letairis through a charitable entity. What Happened: The Foster City, California-based drugmaker allegedly used...

Short seller allegations against Nikola Corporation (NASDAQ: NKLA) have caught the eye of the United States Department of Justice, the Financial Times reported Tuesday. What Happened: The inquiry into the electric vehicle startup is being handled by the U.S. Attorney’s Office for...

Class I railroads' discussions about setting local and interline rates can be included as evidence in dozens of shippers' lawsuits over price fixing in the 2000s, various federal agencies have concluded. Attorneys with the U.S. Department of Justice, speaking on behalf of itself, the Federal Trade...

Six former employees of eBay Inc. (NYSE: EBAY) have been formally charged for carrying out a cyberstalking campaign against a couple who run a newsletter that criticized the e-commerce company. What Happened On Monday, the U.S. Department of Justice said the attacks against the...