Report: Rail Safety Failing
Washington — Federal regulators are failing to refer serious safety violations involving freight rail shipments of crude oil and other hazardous cargo for criminal prosecution, and are going lightly on civil fines, according to a report released Friday by a government watchdog. The Federal Railroad Administration routinely applies only modest civil penalties for hazardous materials safety violations, even though inspectors request...
Corporate Prosecutions Eased
Washington — Despite the many challenges in bringing such cases, the Justice Department is renewing its commitment to prosecuting corporate executives for financial misdeeds, Deputy Attorney General Sally Yates said Thursday. In a warning shot to Wall Street, Yates unveiled new policies to guide federal prosecutors in bringing more criminal cases against individuals even as she acknowledged that the Justice Department has, at times,...