Standard Chartered sought on
Tuesday to persuade a London court to remove from an investor
lawsuit allegations that it broke U.S. sanctions against Iran in
a more widespread and systematic way than.
In 2018, Patrick Hogan brought a putative securities-fraud class action against Pilgrim's Pride Corp., a poultry producer, alleging violations of Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
A whistleblower’s False Claims Act suit accusing Standard Chartered Bank of violating US sanctions against Iran was properly targeted for dismissal by the Department of Justice, the Second Circuit affirmed Monday.
On February 7, 2023, the U.S. Department of Justice (“DOJ”) announced that settlements and judgements under the False Claims Act (“FCA”) exceeded $2 billion for the 2022 fiscal year..