Sentence examples for prosecution settlement from inspiring English sources

Exact(1)

The company, accused of concealing the defect from regulators and lying about it to customers, agreed to pay a $900 million fine as part of a deferred prosecution settlement.

Similar(59)

Another concerns what are known as deferred prosecution settlements.

But the city contends that all the money prosecutors receive in deferred prosecution settlements belongs to it — just as fines levied in convictions do.

In an interview in his office, he said the city had known about the accounts for years, and that the dispute stemmed from the city's wish to have greater control over money the agency wins in what are known as deferred prosecution settlements.

It prompted the DOJ to announce a new policy in 2003 that allowed non-prosecution or deferred prosecution settlements with companies as a way to enforce important laws without causing a corporate collapse.

It has been paying off a penalty of $105m under a non-prosecution settlement with the American authorities, for offences it admits to committing before it withdrew.

One likely consequence would be what Corporate Crime Reporter's Russell Mokhiber calls "a wishy-washy non-prosecution settlement" wherein News Corp would admit to the crime without being convicted, and pay a financial settlement.

The district attorney's office has taken in millions in deferred-prosecution settlements since 2003 in deals with Bank of America, Chevron, JPMorgan Chase and Citigroup.

Daniel J. Castleman, who was Mr. Morgenthau's chief aide until May, said the city has been aware since 2003 that the office was taking in millions of dollars in deferred-prosecution settlements and providing equal payments to the city and the state.

Mr. Morgenthau's office has said that the city knew about the accounts for years, and that the dispute stemmed from the city's wish to have greater control over money the office wins in what are known as deferred-prosecution settlements.

It cannot investigate and wring a prosecution or settlement out of every corrupt deal.

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