Carolina Varas – Fashion has a price, but accurately representing information to shareholders does not. Yet for Capri Holdings, the cost of failing to do so is proving to be steep. Capri Holdings Limited, a multinational fashion holding company, owns globally recognized brands such as Versace, Jimmy Choo, and Michael Kors. Similarly, Tapestry Inc., an […]
Emily Brafman – On October 10, 2024, the Department of Justice (DOJ) announced that TD Bank has historically become the largest U.S. financial institution to plead guilty to failing to uphold anti-money laundering (AML) standards under the Bank Secrecy Act (BSA), failing to file accurate Currency Transaction Reports (CTRs), and engaging in money laundering. This […]
Noel C. Rodriguez – Last month, the Federal Trade Commission (FTC) filed a lawsuit against “The Big Three” pharmacy benefit managers (PMBs)– CVS Caremark, Express Scripts, and OptumRx– claiming that these companies manipulate drug prices to their advantage and contribute to the harsh realities Americans face in trying to afford life-saving medications. PBMs have played […]
Emma Shapiro – In the world of luxury fashion, where exclusivity reigns supreme, few brands command as much reverence as Hermès. The French luxury house has long epitomized elegance and sophistication, with its Birkin handbag standing as a beacon of status. According to a 2016 study conducted by BagHunter, the Birkin has had an average […]
