fine

    By David Schepp

    | 3:05PM 8/26/2010
    American Airlines was hit with a record $24.2 million fine by the Federal Aviation Administration on Thursday for failing two years ago to comply with mandatory safety rules.

    By Sarah Coffey

    | 6:00AM 8/20/2010
    The Federal Aviation Administration is ready to slap a record $25 million or more penalty against American Airlines for maintenance lapses involving wiring in the MD-80 jet that caused flight cancellations in 2008, according to the Wall Street Journal. The official fine letter isn't expected to be...

    By Gil Rudawsky

    | 6:23PM 7/23/2010
    Exploiting a rule that allows the SEC to give money to sources in insider trading cases, the agency has award $1 million to a source in a case involving Pequot Capital Management.

    By Josh Smith

    | 1:00PM 10/06/2009
    The FTC has finally updated a long-overdue guide on endorsements and testimonials to address changes in technology and advertising mediums. The new rules are designed to bring greater truth and disclosure to blogs, TV ads relying on testimonials and social media. The updated guide has garnered the...

    By Josh Smith

    | 7:00PM 7/01/2009
    Ticketmaster is facing a $50,000 fine and a change in how it does business after an Illinois Attorney General investigation found that the company had not clearly told customers they were paying marked up ticket prices. As part of the agreement, TicketsNow, owned by Ticketmaster, will also close...

    By Josh Smith

    | 10:00AM 12/17/2008
    We've all been on the receiving end of a parking ticket we felt was unjust wishing there was some way to, "stick it to the man," while avoiding a night in jail. One New Jersey man recently decided he was going to "fight back" by paying his $56 fine completely in pennies, only to be turned down...