Category: US Department of Justice

Category Added in a WPeMatico Campaign

Posted on

Security News in Brief: Stone Canyon Required to Divest US Salt to Acquire Morton Salt

Source: United States Department of Justice

The Department of Justice announced today that Stone Canyon Industry Holdings LLC (Stone Canyon) and its portfolio company SCIH Salt Holdings Inc. (SCIH), which was previously named Kissner Group Holdings LP, will divest their entire evaporated salt business in order to proceed with their proposed acquisition of Morton Salt Inc. (Morton), among other assets. The department said that without the divestiture, the proposed acquisition would substantially lessen competition in the sale of several types of evaporated salt, including round-can table salt, pharmaceutical-grade salt, and bulk evaporated salt.

Posted on

Security News in Brief: Attorney General Merrick B. Garland Delivers Remarks at the Oklahoma City Memorial Ceremony on the 26th Anniversary of the Oklahoma City Bombing

Source: United States Department of Justice News

Every year, on the 19th of April, people gather here at this beautiful memorial to remember those who were killed, those who survived, and those who were changed forever, to commemorate the strength of the community that came together in the face of such great loss, and to celebrate the resilience that makes Oklahoma City a model for communities everywhere.

Posted on

Security News in Brief: Tax Attorney Indicted for Facilitating Tax Fraud

Source: United States Department of Justice News

A federal grand jury in San Francisco returned an indictment today charging a Houston-based tax attorney of conspiring with the Chairman and Chief Executive Officer of a private equity firm to defraud the IRS. The grand jury further charged him with three counts of aiding and assisting in the preparation of the CEO’s false tax returns for the 2012 to 2014 tax years.

Posted on

Security News in Brief: Former Chief Executive Officer of Publicly Traded Petrochemical Company Pleads Guilty to Foreign Bribery and Securities Law Violations

Source: United States Department of Justice News

A Brazilian national who previously served as a chief executive officer (CEO) of Braskem S.A. (Braskem), a publicly traded Brazilian petrochemical company, pleaded guilty today to conspiring to divert hundreds of millions of dollars from Braskem into a secret slush fund and to pay bribes to government officials, political parties, and others in Brazil to obtain and retain business.