Thursday - April 25, 2024
Federal Tipoffs Involving New York Newsletter for Sunday September 27, 2020 ( 23 items )  

Acting Manhattan U.S. Attorney Announces $11.5 Million Settlement With Biotech Testing Company for Fraudulent Billing and Kickback Practices
NEW YORK, Sept. 23 -- The Acting U.S. Attorney for the Southern District of New York, Audrey Strauss, issued the following news release on Sept. 22: Audrey Strauss, the Acting United States Attorney for the Southern District of New York, Scott J. Lampert, Special Agent in Charge of the New York Regional Office of the U.S. Department of Health and Human Services, Office of Inspector General ("HHS OIG"), and Leigh-Alistair Barzey, Special Agent in Charge of the Northeast Field Office of the U.S.   more

Acting U.S. Attorney: Head of Investment Management Firm Sentenced to 85 Months In Prison In Connection With $18M Pre-IPO Securities Fraud Scheme
NEW YORK, Sept. 26 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release on Sept. 25: Audrey Strauss, the Acting United States Attorney for the Southern District of New York, announced today that FRED ELM, a/k/a "Frederic Elmaleh," the founder and manager of Elm Tree Investment Advisors LLC ("ETIA"), was sentenced today to 85 months in prison for participating in a scheme to defraud investors in multiple investment funds created and controlle  more

BLS: An Introduction to Behavioral Economics - Using Psychology to Explain Economic Behavior
WASHINGTON, Sept. 24 -- The U.S. Department of Labor's Bureau of Labor Statistics issued the following book review: Behavioral Economics: The Basics. By Philip Corr and Anke Plagnol. London and New York: Routledge, 2019, 250 pp., $25.95 paperback. In this book, authors Philip Corr and Anke Plagnol provide an introduction to behavioral economics, a relatively new field of study that uses insights from psychology to understand economic behavior. Books in behavioral economics are plentiful and gr  more

BLS: Nonfarm Payroll Employment Up in 40 States in August 2020
WASHINGTON, Sept. 24 -- The U.S. Department of Labor's Bureau of Labor Statistics issued the following article from Economics Daily: Nonfarm payroll employment increased in 40 states and was essentially unchanged in 10 states and the District of Columbia in August 2020. The largest job gains occurred in New York (+153,300), Texas (+106,800), and California (+101,900). The largest percentage increases occurred in New Jersey, New York, and Virginia (+1.8 percent each). Over the year, nonfarm pay  more

CFTC Fines New York and UK-Based Firms for Net Capital Deficiencies
WASHINGTON, Sept. 25 -- The Commodity Futures Trading Commission issued the following enforcement news release on Sept. 24: The Commodity Futures Trading Commission today issued orders filing and settling charges against Marex North America LLC, a registered futures commission merchant with its principal place of business in New York, New York, and Marex Spectron International Limited, a registered introducing broker with its principal place of business in London, United Kingdom, for failure to  more

Court of International Trade Issues Opinion in Taizhou United Imp. & Exp. Case
NEW YORK, Sept. 26 -- The U.S. Court of International Trade issued the following slip opinion and order (Court No. 16-00009): TAIZHOU UNITED IMP. & EXP. CO. LTD., Plaintiff, and GUANGZHOU JANGHO CURTAIN WALL SYSTEM ENGINEERING CO., LTD., JANGHO GROUP CO., LTD., BEIJING JIANGHEYUAN HOLDING CO., LTD., BEIJING JANGHO CURTAIN WALL SYSTEM ENGINEERING CO., LTD., JANGHO CURTAIN WALL HONG KONG LTD., SHANGHAI JANGHO CURTAIN WALL SYSTEM ENGINEERING CO., LTD., Consolidated Plaintiffs, v. UNITED STATES,   more

Department of Justice Identifies New York City, Portland, Seattle as Jurisdictions Permitting Violence, Destruction of Property
WASHINGTON, Sept. 22 -- The U.S. Department of Justice's Office of the Attorney General issued the following news release on Sept. 21: The U.S. Department of Justice today identified the following three jurisdictions that have permitted violence and destruction of property to persist and have refused to undertake reasonable measures to counteract criminal activities: New York City; Portland, Oregon; and Seattle, Washington. The Department of Justice is continuing to work to identify jurisdictio  more

Department of State Breaks Ground on the New U.S. Consulate General in Chiang Mai, Thailand
WASHINGTON, Sept. 26 -- The U.S. Department of State issued the following media note on Sept. 25: In a concrete sign of the enduring U.S. - Thai alliance and friendship, Ambassador Michael George DeSombre, Consul General Sean K. O'Neill, Thai Vice Minister of Foreign Affairs Ambassador Vijavat Isarabhakdi, and Chiang Mai Governor Charoenrit Sanguansat broke ground today on the new U.S. Consulate General in Chiang Mai, Thailand. The new U.S. Consulate General will provide a secure, modern, and   more

EPA Announces 2020 Safer Choice Partner of the Year Award Winners
NEW YORK, Sept. 26 -- The Environmental Protection Agency issued the following news release: As part of Pollution Prevention (P2) week the U.S. Environmental Protection Agency (EPA) is recognizing 18 Safer Choice Partner of the Year award winners across 10 states and the District of Columbia for achievement in the design, manufacture, selection, and use of products with safer chemicals which advances innovative source reduction. The Safer Choice program helps individual consumers and large-scal  more

EPA to Fund Projects at Two New Jersey Universities to Help Businesses in New Jersey Become Sustainable and Profitable
NEW YORK, Sept. 24 -- The Environmental Protection Agency issued the following news release on Sept. 23: Today, during Pollution Prevention (P2) Week, the U.S. Environmental Protection Agency (EPA) is announcing the selection of 42 organizations across 39 states to receive grant funding totaling $9.3 million, supporting pollution prevention across the country. These grants will fund projects that provide businesses and other facilities with information, training, and tools to help them develop   more

Federal Reserve Bank of New York: Labor Market Survey Shows a Sharp Increase in Transitions Into Unemployment
NEW YORK, Sept. 22 -- The Federal Reserve Bank of New York issued the following news release on Sept. 21: The Federal Reserve Bank of New York' Center for Microeconomic Data today released the July 2020 SCE Labor Market Survey, which shows a rise in transitions into unemployment and a decline in employer-to-employer transitions, compared to a year ago. Regarding expectations, the average expected likelihood of receiving an offer in the next four months declined sharply while the average expecte  more

Federal Reserve Bank of Richmond: Economy and the Question of Inflation
RICHMOND, Virginia, Sept. 25 -- The Federal Reserve Bank of Richmond issued the following speech on Sept. 24 by President Tom Barkin to the Money Marketeers of New York University webinar: * * * I thought today I might share some quick perspectives on the economy, and then dig in on a topic generating much interest: the question of inflation. These thoughts are my own and not those of the Federal Open Market Committee or the Federal Reserve System. That frees me up to be as direct as I want, a  more

Justice-Criminal Division: Oil Trader Indicted in International Bribery and Money Laundering Conspiracy Involving Corrupt Payments to Ecuadorian Officials
WASHINGTON, Sept. 23 -- The U.S. Department of Justice's Criminal Division issued the following news release on Sept. 22: A federal grand jury in the Eastern District of New York returned an indictment today against a trader at the U.S. subsidiary of a multinational oil distributor and trading company (Trading Company), for his alleged participation in a five-year international bribery and money laundering scheme involving corrupt payments to Ecuadorian officials. Acting Attorney General Brian  more

Lucy's Cantina Royale and Restaurant Group Sued by EEOC for Firing Pregnant Employee
NEW YORK, Sept. 23 -- The Equal Employment Opportunity Commission issued the following news release on Sept. 22: A restaurant group that includes Lucy's Cantina Royale, a Mexican restaurant operating in Manhattan, unlawfully fired an employee because she was pregnant, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit filed yesterday. That restaurant group includes the managing companies Host Restaurants and Imian Partners; the Manhattan restaurants Bill's Townhouse,   more

N.Y. Fed President Williams: Building an Equitable Future
NEW YORK, Sept. 25 -- The Federal Reserve Bank of New York issued the following remarks via videoconference on Sept. 24 by President and CEO John C. Williams at the 3rd Economic Inequality Policy Forum entitled "the Impacts of COVID-19 on Communities of Color and Policy Insights for an Equitable Economic Recovery": * * * Hello everyone, and welcome to the New York Fed's third Economic Inequality Policy Forum. It's a pleasure to speak with all of you who are joining us for this conversation. Fo  more

N.Y. U.S. Attorney: Sargeant Marine Pleads Guilty, Agrees to Pay Over $16 Million in Criminal Fines
BROOKLYN, New York, Sept. 23 -- The Acting U.S. Attorney for the Eastern District of New York, Seth D. DuCharme, issued the following news release on Sept. 22: Earlier today, in federal court in Brooklyn, Sargeant Marine Inc., an asphalt company incorporated and formerly headquartered in Boca Raton, Florida, pleaded guilty and agreed to pay $16.6 million to resolve foreign bribery charges stemming from conduct by the company and its employees and agents in Brazil, Venezuela and Ecuador. In each  more

N.Y. U.S. Attorney: Town of Brookhaven Agrees to Settle Federal Complaint by Complying With Clean Air Act Requirements
BROOKLYN, New York, Sept. 25 -- The Acting U.S. Attorney for the Eastern District of New York, Seth D. DuCharme, issued the following news release on Sept. 24: Seth D. DuCharme, Acting United States Attorney for the Eastern District of New York, and Pete D. Lopez, Regional Administrator of the United States Environmental Protection Agency, Region 2 (EPA), announced today that the United States filed suit under the Clean Air Act (CAA) against the Town of Brookhaven (the Town) to address its long  more

NRC Issues Event Notification 54902 for Roswell Park Cancer Institute in Buffalo
WASHINGTON, Sept. 25 -- The Nuclear Regulatory Commission issued the following event notification (No. 54902) involving Roswell Park Cancer Institute, Buffalo: AGREEMENT STATE REPORT - LOST I-125 SEED The following information was obtained from the state of New York via facsimile: "On September 9, 2020, the Department [New York State Department of Health] was notified of a missing I-125 localization seed (Best Medical International, Inc., Model 2301, Activity: 251 microCuries) at Roswell Park  more

Pacific Northwest Lab: Network Resilience Is Key to Surviving Compound Hazard Events, Scientists Say
WASHINGTON, Sept. 23 -- The U.S. Department of Energy's Pacific Northwest National Laboratory issued the following web feature: As weather extremes such as Superstorm Sandy, which swamped New York City's subway system in 2012, increase in frequency and intensity and as cybercriminals ramp up attacks on technologies that tie together urban infrastructure systems, networks critical to the flow of data, people, goods, and services must be made more resilient to failure, according to a team of scie  more

TSA Checkpoint at Albany International Airport Gets New State-Of-The-Art 3-D Checkpoint Scanner to Improve Explosives Detection
ALBANY, New York, Sept. 22 -- The U.S. Department of Homeland Security's Transportation Security Administration issued the following news release: A new state-of-the-art advanced technology computed tomography checkpoint scanner (CT) that provides 3-D imaging has been installed and is in use at the Transportation Security Administration checkpoint at Albany International Airport. The new technology provides critical explosives detection capabilities at the checkpoint and improves the capability  more

U.S. Department of Commerce Invests $557,254 to Support Manufacturing Sector in Eastern New York
WASHINGTON, Sept. 25 -- The U.S. Department of Commerce's Economic Development Administration issued the following news release on Sept. 24: Today, the U.S. Department of Commerce's Economic Development Administration (EDA) is awarding a $557,254 grant to the Town of Erwin Industrial Development Agency, Painted Post, New York, to support the installation of a new groundwater supply well to meet water capacity demands of manufacturing businesses in the region. The EDA grant, to be matched with   more

U.S. Merchant Marine Academy & Coast Guard Announce Three Fall Dates for Volleyball, Soccer & Football
KINGS POINT, New York, Sept. 23 -- The Maritime Administration's U.S. Merchant Marine Academy issued the following news release: The U.S. Merchant Marine Academy and the U.S. Coast Guard Academy Athletic Departments are pleased to announce that the rivals have agreed to compete during the Fall 2020 season in women's volleyball, men's soccer and football. The Mariners and Bears will meet three-out-of-four Saturdays from late October to mid-November. "This is extremely exciting news for our stud  more

White House: 4 Nominations, 1 Withdrawal Sent to Senate
WASHINGTON, Sept. 23 -- The White House issued the following news release on Sept. 22: NOMINATIONS SENT TO THE SENATE: Charles Edward Atchley, Jr., of Tennessee, to be United States District Judge for the Eastern District of Tennessee, vice Harry Sandlin Mattice, Jr., retired. Katherine A. Crytzer, of Tennessee, to be United States District Judge for the Eastern District of Tennessee, vice Pamela L. Reeves, deceased. Joyce Campbell Giuffra, of New York, to be a Member of the National Council  more