rigging
A cybersecurity company filed a $110m lawsuit in New York this week, accusing the Spanish global energy company Iberdrola and its US subsidiary Avangrid of bid rigging and racketeering. The 72-page federal court complaint outlines an elaborate scheme by Iberdrola executives to generate millions of dollars in wasteful equipment expenditures in order to turn a […]
It’s the foundational concept of US democracy: voters choose the politicians they want to represent them. Yet the reality in 2021 is much more depressing. As politicians undertake the once-a-decade process of redrawing political districts across the country, they are essentially rigging the system by deciding among themselves exactly which voters in which areas they […]
WASHINGTON, Oct 21 (Reuters) – A U.S. regulator on Thursday doled out a record reward of nearly $200 million to a whistleblower who provided information for a case involving the rigging of crucial financial benchmarks, according to the agency and a law firm involved in the award. The U.S. Commodity Futures Trading Commission (CFTC)announced the […]
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