DOJ

DOJ: Buffett company discriminated against Black homebuyers

DOJ: Buffett company discriminated against Black homebuyers

NEW YORK — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s company discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday, in what is being called the second-largest redlining settlement in history. Trident Mortgage Co., a division of Berkshire Hathaway’s HomeServices of America, …

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CEO sold worthless crypto tokens and used proceeds for Hawaii condo, DOJ says

CEO sold worthless crypto tokens and used proceeds for Hawaii condo, DOJ says

Getty Images | Namthip Muanthongthae The CEO of a purported cryptocurrency investment company pleaded guilty for his role in a crypto fraud scheme that raised $21 million from investors, the Department of Justice said. Michael Alan Stollery (aka “Michael Stollaire”), 54, was CEO and founder of the California-based Titanium Blockchain Infrastructure Services (TBIS). He pleaded …

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Cargill settles DOJ lawsuit to clear path for $4.5B chicken deal

Cargill settles DOJ lawsuit to clear path for $4.5B chicken deal

Cargill Inc. and other poultry operators agreed to settle a Department of Justice lawsuit filed Monday alleging the companies conspired to suppress wages for its processing plant workers. The DOJ filed the lawsuit, along with the settlement terms — or consent decree — Monday morning. The department’s antitrust investigation was triggered by Cargill’s and Continental …

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