Category: Law and Order

By on June 10, 2019

Wells Fargo will reportedly pay customers a minimum of $386 million to settle class-action claims that the bank covertly signed customers up for auto insurance they did not want or need.

Back in the summer of 2017, the bank found itself implicated in widespread auto insurance and mortgage lending abuses. Over a year later, Wells Fargo was slapped with a $1 billion fine from the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency to settle U.S. investigations into the company’s insurance and mortgage practices.

While the auto insurance plan ended in 2016, roughly 800,000 customers (or 600k by Wells Fargo’s estimates) were believed to be affected by the auto insurance issue over roughly a four-year period. For most, that meant being overcharged for insurance they didn’t need., but some customers ended up with their vehicles repossessed and their credit rating demolished, promoting the class-action suit.  Read More >

By on January 18, 2019

Four men tasked with developing a very dirty diesel engine for use in Audi vehicles have been indicted by a U.S. grand jury. The four, including the head of Audi’s Diesel Engine Development department, face charges of wire fraud, violation of the Clean Air Act, and conspiracy, all stemming from the development of an engine that didn’t have a chance of being certified in the U.S.

And, because they’re believed to be living in Germany, they’d best leave the U.S. off their list of vacation destinations. Read More >

By on January 12, 2019

Image: Nissan

Nissan’s chief performance officer, José Muñoz, has resigned from the company amid an broadened investigation into former chairman Carlos Ghosn’s alleged financial misconduct. Muñoz, 54, who also headed up Nissan’s Chinese business, previous had his hand on the tiller of the company’s North American operations.

Muñoz’s sudden departure, which comes just days after the exec took a leave of absence, points to turmoil in the upper ranks of the Japanese automaker, with one insider calling it a “purge.” Read More >

By on January 11, 2019

Michael/Flickr

Can you be pulled over and ordered to blow into a breathalyzer, under threat of arrest, for the simple act of returning empty liquor bottles in the middle of the day? Sure can, at least if you’re living north of the border. It happened to a 70-year-old man in Mississauga, Ontario last weekend.

As part of a massive package of laws enacted in mid-December, Canadian drivers are waking up to the knowledge that the legal standard of “reasonable suspicion” no longer exists when it comes to interactions with the police — at least when pertaining to the combination of alcohol and motor vehicles.

This week, they’re learning it’s possible to face a drunk driving charge, even if you only started drinking after you got home. Read More >

By on January 10, 2019

As we told you yesterday, a settlement in Fiat Chrysler’s diesel quandary could come any day. Today, we’re telling you it could come, well, today.

According to sources who spoke to the New York Times, FCA plans to settle a 2017 Justice Department lawsuit by making a collection of 104,000 trucks and SUVs greener, while adding an average of $2,500 to owners’ wallets. Read More >

By on January 8, 2019

Ghosn, with the help of his team of lawyers, earned the right to speak in a packed Tokyo courtroom on Tuesday, and he used his time efficiently.

Described as looking gaunt, the jailed Renault CEO and ex-Nissan chairman claimed he was “wrongly accused” at the Tokyo district court hearing, adding that there’s nothing improper about the way he managed his finances. Read More >

By on January 7, 2019

A group of Ford owners hoping to cash in on bad nuts did not get their day in court. Instead, their proposed class-action lawsuit was tossed out.

We told you about the 120-count complaint against Ford back in 2017, when the well-known firm Hagens Berman — a veteran of auto litigation — announced the lawsuit. Owners complained about swollen, delaminating lug nuts, stating that this led to out-of-pocket costs, safety concerns, and a reduction in their vehicle’s value. After looking at the case, the judge saw no reason to proceed. Read More >

By on January 7, 2019

Carlos Ghosn - Titan intro - Image: Nissan

Renault CEO and ex-Nissan Chairman Carlos Ghosn is apparently very eager to tell his story, and tomorrow he’ll get his chance. The industry titan, who has resided in a Tokyo jail since his Nov. 19 arrest, is scheduled to appear at a Tokyo court hearing Tuesday — a hearing his team of lawyers fought hard to get.

Following Ghosn’s appearance, those lawyers plan to go before the media. Read More >

By on January 4, 2019

public domain

We’ve told you before about the legal saga of Mats Järlström, a Swedish-born man living in the green and uber progressive state of Oregon. A few years ago, Järlström found himself in the crosshairs of the Oregon Board of Examiners for Engineering and Land Surveying after performing and submitting an analysis of his town’s traffic light timing — specifically, the duration of the amber light cycle.

What ensued was a constitutional legal battle over over the ability to refer to one’s self as an expert in the field of their expertise; in this case, engineering.

This all came about after Järlström’s wife received a red light camera ticket. Read More >

By on December 28, 2018

Elon Musk

Tesla’s nine-member board now numbers eleven, with many shareholders hoping that the addition of two independent directors — a key directive of Tesla’s SEC settlement — helps keep a lid on CEO Elon Musk’s stock-rocking shenanigans.

Whether or not the two new members can actually do this remains to be seen. Musk continued antagonizing the Securities and Exchange Commission even after agreeing to the settlement that saw him removed as chairman, and he insists no one’s vetting his tweets. Speaking of ill-considered tweets, Musk’s lawyers claim the British cave diver suing Musk for defamation should just let it go. Read More >

By on December 27, 2018

Carlos Ghosn Rogue Introduction - Image: Nissan

Ousted Nissan Chairman Carlos Ghosn didn’t have the kind of Christmas he’d have liked, cooling his heels in a Tokyo jail after new allegations led to his third arrest on Friday. This served to lengthen the already six-week-long internment of the industry titan.

Now, details have emerged of the alleged crime that’s keeping Ghosn behind bars.  Read More >

By on December 21, 2018

Nissan CEO Carlos Ghosn unveils redesigned Maxima “4 Door Spor - Image: Nissan

Just yesterday, it looked as if Renault CEO and former Nissan chairman Carlos Ghosn might make it out of jail by the weekend. Japanese prosecutors had another idea, however. The industry titan was re-arrested Friday morning on suspicion of aggravated breach of trust, pushing the possibility of bail and a hotel Christmas further from the realm of possibility.

Detained since his initial Nov. 19 arrest, Ghosn is now accused of covering losses incurred through derivatives trading with Nisan funds. Those losses — totalling $16.6 million — took place in 2008. Read More >

By on December 20, 2018

Detained in a Tokyo jail since his Nov. 19 arrest, Renault CEO and former Nissan chairman Carlos Ghosn could soon find himself out on bail. A Tokyo district court has rejected an appeal aimed at keeping Ghosn in detention, meaning Christmas might be brighter for the auto industry titan than previously thought.

Meanwhile, Nissan’s scrambling to ensure that, if Ghosn does walk free, he won’t return to a number of glitzy homes. Read More >

By on December 13, 2018

Waymo began testing its self-driving Chrysler Pacifica minivans in the Phoenix-area city of Chandler, Arizona two years ago, and the local populace hasn’t left them alone since.

A report in the Arizona Republic describes a multitude of incidents where citizens, apparently enraged by the sight of the Waymo vans, decided to threaten and attack their autonomous invaders. Unbeknownst to many of them, the vans were recording their every move. Read More >

By on December 13, 2018

Carlos Ghosn

Two automakers, two investigations, and two very different outcomes for one man.

Renault’s board of directors met in France today, deciding that CEO and chairman Carlos Ghosn should stay on in his current role in the wake of an internal investigation that members say showed no signs of criminality. Meanwhile, Ghosn sits in a Tokyo jail, indicted on charges of financial misconduct at Renault’s alliance partner, Nissan.

Away from the Paris streets, it seems everything’s hunky dory in France. Read More >

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