Corporate investigations archive- Page 2 of 6

Sporttrade: Prediction Platform’s Struggles to Operate Under State Gambling Laws Illustrate Mismatch Between Sportsbook and Exchange Models

Long before Kalshi was offering contracts on NFL game outcomes, a little-known platform called Sporttrade tried to win permission from state gambling regimes to bring exchange wagering to the sports-betting world. The idea was simple: To create a platform through which people could buy...

Feb 03, 2026 Read Now >

CMS Policy: Proposed 0.09% Medicare Rate Appears More Likely to Climb Due to Technical Changes Than CMS Backing Down on Risk Adjustment Policies

Last week, the Centers for Medicare and Medicaid Services (CMS) published an advance notice proposing both technical and policy-related changes to the Medicare Advantage (MA) and Medicare Part D payment methodologies that would, on average, result in a nearly flat rate increase of 0.09%...

Feb 03, 2026 Read Now >

KKR: Life and Annuity Funds Steered into Natural Gas Project Are Latest in Trend of Affiliated Private Credit Deals

The private equity and asset management firms that have taken over much of the life and annuity (L/A) sector are loading the portfolios of policyholders and annuitants with private credit investments, a trend that has drawn growing concern from regulators, policymakers, and industry...

Feb 02, 2026 Read Now >

Oral Tirzepatide Ads Could Conflict with Meta’s Ad Policy, Raise Other Legal Questions

In December, the attorneys general of 35 U.S. states and territories wrote a letter calling on Meta to address “the surge of misleading marketing for weight loss products on Meta’s platforms,” particularly for compounded GLP-1 products, which do not have Food and Drug Administration...

Jan 20, 2026 Read Now >

Vestager Urges Officials to Abandon X, Compares Social Media to Smoking Indoors

Civil servants and public bodies need to stop posting on X as Europe looks to depend less on American tech platforms and develop homegrown competitors, former EU Competition Commissioner Margrethe Vestager said in an interview. As European regulators confront X over its AI tool Grok,...

Jan 14, 2026 Read Now >

Capitol Forum’s Tech Policy 2026 Predictions: Brinkema Will Break Up Google’s Ad Tech Monopoly, DOJ and/or States Will Appeal Google Search Remedy, Open AI Will Take Feud with Google to Europe, Big Tech Will Push for Trade Policy ‘Get Out of Jail Free Card’

As part of our tech policy coverage, we are launching our annual predictions on some of the most meaningful events expected to take place in 2026, which we will track regularly throughout the year. To discuss these predictions with Executive Editor Teddy Downey, please join us for a...

Jan 08, 2026 Read Now >

DEA Pushing to Restart Program That Allegedly Seized Millions From Innocent Last-Minute Air Travelers Targeted as Drug Couriers

The Drug Enforcement Administration is trying to bring back a controversial program that allowed it to search the carry-on luggage of boarding and exiting airline passengers who fit its profile of drug traffickers, The Capitol Forum has learned. At the same time, the DEA has been telling...

Jan 07, 2026 Read Now >

Inspire Medical Systems: Palmetto Removes Lucrative Billing Code for Hypoglossal Nerve Stimulation; Decision Means No Remaining Medicare Administrative Contractors Recognize Code

The Medicare Administrative Contractor (MAC) Palmetto removed the CPT code 64568 from its list of approved billing codes for Hypoglossal Nerve Stimulation (HGNS), according to an update posted yesterday to the Medicare Coverage Database. The move follows the recent updates by the MACs...

Jan 02, 2026 Read Now >

Inspire Medical Systems: Following Other MACs, WPS Removes Lucrative Billing Code for Hypoglossal Nerve Stimulation

The Medicare Administrative Contractor (MAC) WPS removed the CPT code 64568 from its list of approved billing codes for Hypoglossal Nerve Stimulation (HGNS), according to an update posted today on the MAC’s website. The move follows the recent updates by the MACs Noridian and CGS that...

Dec 29, 2025 Read Now >

Health Care Weekly: Zynex Files for Bankruptcy; Most FTC-Challenged Patents Delisted; TX AG Sues Epic; UnitedHealth Contract Dispute; Analysis of FDA Draft Guidance on Animal Testing; Report on Utilization Management in Traditional Medicare

Zynex files for bankruptcy. Yesterday, Zynex Medical (ZYXI) announced that it was filing for Chapter 11 bankruptcy in the Southern District of Texas. The announcement comes after a turbulent year for the company during which the Defense Health Agency (DHA), Zynex’s largest source of...

Dec 17, 2025 Read Now >

Roblox: Child Exploitation Lawsuits Consolidated in California Federal Court as Attorney Says Thousands of Similar Cases Still Under Investigation

On Friday the U.S. Judicial Panel on Multidistrict Litigation granted a petition to consolidate dozens of private lawsuits that allege gaming platform Roblox facilitates the sexual exploitation and grooming...

Dec 17, 2025 Read Now >

Inspire Medical Systems: Medicare Administrative Contractors Working on ‘Consensus Approach’ to Resolve Billing Issue

At least three Medicare Administrative Contractors (MACs) are working on a “consensus approach” to resolving a billing dispute that could see some MACs paying much more than other MACs for hypoglossal nerve stimulation (HGNS) procedures, The Capitol Forum has learned. The rest of this...

Dec 15, 2025 Read Now >

Kalshi: Prediction Platform May Have to Block Access for Nevada Users

A federal judge said Friday that he was considering reversing a prior decision that had allowed prediction market operator Kalshi to continue offering sports event-based contracts in Nevada while its legal battle with state gambling regulators plays out in court. After hours of oral...

Nov 14, 2025 Read Now >

MAUDE Monthly: Beta Bionics Reports Remain High; Dexcom Says It Has Fixed Sensor Issues; FDA Warns Patients Against RF Microneedling; Pyxis Problems Persist Despite Over a Dozen Recalls; Boston Scientific Spinal Implants Breaking During Surgery; Update on Dentsply Sirona Class Action

The information contained in this report is compiled from the FDA’s Manufacturer and User Facility Device Experience (MAUDE) database. The MAUDE database contains reports of deaths, injuries, and malfunctions relating to the use of medical devices and is updated monthly with reports...

Nov 13, 2025 Read Now >

Roblox: Judge Rules Roblox’s Arbitration Agreement Unenforceable Under Federal Law in Pending Child Sexual Exploitation Lawsuit

A California Superior Court judge rejected Roblox’s (RBLX) motion to compel arbitration in one of the dozens of child sexual exploitation lawsuits filed against the gaming platform this year. Issued October 30, the ruling found Roblox’s arbitration agreement to be unenforceable as to...

Nov 13, 2025 Read Now >

FanDuel, DraftKings: Entrance Into Prediction Markets Puts Sports Betting Platforms Crosswise With State Regulators; Companies Can No Longer Operate in Nevada

FanDuel (FLUT) can no longer operate in Nevada after deciding to launch a predictions market platform that will give customers access to sports event contracts in states where online sports betting is not legal, The Capitol Forum has learned. Shortly after FanDuel and CME Group announced...

Nov 12, 2025 Read Now >

Linde Gas: Company Appears to Have Been Aware of Dangerous Problems With Nitric Oxide Device for Years but Represented to Customers and FDA That Product Was Safe

A Capitol Forum investigation has found that Linde Gas (LIN) appears to have been aware of a fatal flaw with its NOxBOXi nitric oxide therapy device for newborns for several years but continued to market the device to hospitals and represent to the Food and Drug Administration that it was...

Nov 10, 2025 Read Now >

Stride Learning, Inc.: Texas Shutters One Campus with a Teacher Student Ratio of 65:1; Requires Another School to Implement a ‘Turnaround Plan’

A Stride Learning, Inc. (LRN) elementary school in Texas will close at the end of the year after repeatedly failing to meet state academic standards. The forced closure comes after the Texas Online Preparatory School (TOPS) Elementary, which serves 824 students in grades three through...

Nov 10, 2025 Read Now >

DEA Seizing Fewer Fentanyl Pills Following Agent Shift to Surges, Immigration Enforcement

The DEA is seizing far fewer fentanyl pills than it did a year ago, signaling the impact of the agency’s deployment of resources to help with National Guard surges in cities and immigration enforcement, a Capitol Forum analysis of department data indicates. DEA agents are seizing fewer...

Nov 07, 2025 Read Now >

Kalshi: Cracks in Legal Theory Beginning to Emerge After Early Court Victory

Kalshi, the U.S.-based prediction market operator that recently introduced sports betting to its platform, notched an early courtroom win in Nevada earlier this year, bolstering the notion that the company’s novel interpretation of the law could open the door for nationwide sports...

Oct 29, 2025 Read Now >

UnitedHealthcare’s Cost-Cutting Drive Could Mean Fewer Mental Health Services—Especially for Kids

As CEO of Sun Behavioral Health, Steve Page has the unenviable task of trying to maintain services at his small chain of four mental health facilities amid federal cuts to Medicaid. Sun Behavioral Health provides services for children and adults who suffer from conditions ranging from...

Oct 22, 2025 Read Now >

Zillow: Realtors Are Required to Drive Business to Zillow’s In-House Lending Arm, Potentially Raising Buyer Costs; Agents Express Concern They Are Violating RESPA

Zillow’s (Z) commission-splitting Flex program could violate anti-kickback provisions of the Real Estate Settlement Procedures Act (RESPA) because it requires that real estate agents steer homebuyers to Zillow’s mortgage arm, realtors tell The Capitol Forum. The Flex program is an...

Oct 22, 2025 Read Now >

Harrow Shakes Up Imprimis Leadership Following Accusation from CA Board of Pharmacy

Amid significant scrutiny of its drug compounding practices, ophthalmic pharmaceutical company Harrow (HROW) announced October 6 that John Saharek, the former CEO and president of its drug compounding arm, ImprimisRx, had stepped down. On the same day, Harrow said Frank Mullery would...

Oct 09, 2025 Read Now >

SHEIN and Temu Look to Europe for Growth After End of De Minimis Exemption in U.S., Raising Concerns Among EU Policymakers

Chinese e-commerce companies Temu and SHEIN will no longer be able to rely on their low-cost direct-to-consumer model in the U.S. following the end of a trade exemption known as de minimis. As the companies look to Europe for growth, however, European policymakers are preparing to push...

Oct 06, 2025 Read Now >

Linde Gas: FDA Observes Serious Problems with NOxBOXi Device that Led to Neonatal Deaths and Injuries; Company Repeatedly Failed to Identify Patterns in Malfunctions, Investigate and Address Known Issues That Could Cause Death, and Report Problems to the FDA

Linde Gas (LIN), the world’s largest industrial gas supplier, repeatedly failed to appropriately investigate and fix serious problems with its NOxBOXi device, which administers inhaled nitric oxide therapy to newborns and monitors nitrogen dioxide and oxygen levels, according to a...

Sep 30, 2025 Read Now >

Financials Friday: Trump Debanking Crusade Could Buttress a Consumer Protection Law; Cboe Joins Rush to Offer Popular Crypto Bets; U.S. Banks Look to Shed Low-Yielding Loans and Investments; Banks Fair Lending Gets an Inadvertent Boost in Debanking Crusade

The Trump administration’s vow to end “debanking” could end up fortifying a federal law that requires banks to help vulnerable communities, said a leading consumer advocate. Banks may not jettison clients based on their political allegiance or other factors deemed to constitute a...

Sep 19, 2025 Read Now >

Health Care Policy: Analysis of Potential Policy Outcomes, Industry Effects of MAHA’s Efforts to Target Direct-to-Consumer Pharma Ads

The White House’s Make America Healthy Again (MAHA) Commission, led by Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., is expected to release a “Make Our Children Healthy Again” policy plan tomorrow. The strategy may include a crackdown on...

Sep 08, 2025 Read Now >

Roblox: We Created 95 Underage Roblox Accounts in 1 Hour; Why It Matters and What It Says About Safety Issues With the Platform

As Roblox (RBLX) continues to announce new safety features and policies amid a growing wave of lawsuits alleging the company facilitates the sexual exploitation of children and teens, one thing remains constant—it is remarkably easy for individuals claiming to be any age to create...

Aug 28, 2025 Read Now >

LiveRamp: Data Broker Distances Itself From Sensitive Consumer ‘Segments’ in Response to Privacy Class-Action Complaint

LiveRamp (RAMP) tried to distance itself from sensitive audience “segments” sold on its Data Marketplace in a recent response to an amended data privacy class-action complaint against the company, after a federal judge ruled last month that the case could proceed. LiveRamp repeatedly...

Aug 20, 2025 Read Now >

Roblox: Moderation Loopholes Raise Child Safety Concerns as New Lawsuits Call Platform a ‘Hunting Ground’ for Predators

“Ultimately, ‘Roblox’ is the safest place for anyone on the internet.” That’s what Roblox (RBLX) CEO David Baszucki told NPR on July 23 when asked whether parents should be worried about child predators using the immensely popular gaming platform to reach minors. The company...

Aug 07, 2025 Read Now >

Stride Learning, Inc: New Mexico School District Pursues Debarment of Online Learning Provider

A New Mexico school district is pursuing an action against Stride Learning, Inc. (LRN) that could cause the company to be placed on a registry of vendors that are excluded from receiving state government contracts, potentially jeopardizing Stride’s ability to secure or renew contracts...

Jul 28, 2025 Read Now >

Encompass Health: Facilities Across the Country Misusing Neurological Diagnosis to Increase Medicare Payments; Conduct Echoes Those Highlighted in 2019 DOJ Settlement

In 2019, Encompass Health (EHC), the country’s largest operator of inpatient rehabilitation facilities (IRF), entered into a settlement with the Department of Justice for $48 million to resolve allegations that its hospitals falsely diagnosed patients to increase Medicare payments and...

Jul 25, 2025 Read Now >

Novo Nordisk: Company Did Not Report or Investigate Deaths Potentially Caused by Ozempic

Novo Nordisk (NVO) did not report multiple deaths that may have been caused by its blockbuster weight loss drug Ozempic to the FDA, according to an agency inspection report obtained by The Capitol Forum through a Freedom of Information Act request… The rest of this article is...

Jul 15, 2025 Read Now >

Prestige Consumer Healthcare: Subsidiary Kept Mold-Contaminated Enemas on Market and Declined to Investigate Source of Outbreak, According to FDA Inspection

Between 2023 and 2025, Fleet, a subsidiary of Prestige Consumer Healthcare (PBH) that manufactures enemas and suppositories, received several complaints that its adult and pediatric enemas were being shipped to customers with visible signs of mold. Despite these complaints, however, the...

Jul 11, 2025 Read Now >

Inspire: Company Files Patent Lawsuit Seemingly to Delay Competition; A Closer Look at the Patents at Issue and Potential Paths Forward

Nyxoah, a Belgian company whose implantable sleep apnea device, Genio, has been on the market in Europe since 2020, plans on launching its device in the U.S. upon earning final approval from the Food and Drug Administration (FDA)—a decision company executives say is...

Jul 11, 2025 Read Now >

The Trade Desk: Adtech Company Reports Low Opt-Out Numbers Despite Developing Unique Identifier Tied to 245 Million Individuals

Last year only nine Californians asked The Trade Desk (TTD) to delete personal data processed by the company, despite the adtech giant developing and utilizing a persistent identifier created from the information of more than 245 million individuals to facilitate targeted advertising...

Jul 10, 2025 Read Now >

Medicaid Policy: Approval Timeline for Tennessee’s 1115 Waiver Amendment Remains Uncertain, Could Be Complicated by Forthcoming Legislative Changes

Tennessee is waiting on the Centers for Medicare and Medicaid Services (CMS) to approve an amendment to its Medicaid managed care program, TennCare III, that would authorize additional payments to hospitals that meet certain access and quality improvement benchmarks. While it remains...

Jun 27, 2025 Read Now >

Life360: Family Safety App Selling Datasets Based on Users’ Personal Information on LiveRamp’s Data Marketplace

More than three years after family safety app Life360 (LIF) announced it would transition away from the sale of users’ precise geolocation data in favor of providing business partners with “aggregated” data analytics, the company appears to be creating thousands of audience...

Jun 26, 2025 Read Now >

Equitable Financial Life Insurance Company: Modified Coinsurance Transactions Obscure Company’s Financial Condition

Equitable Financial Life Insurance Company has reinsured nearly half of its in-force life insurance and annuity policies with an affiliate insurer in a series of transactions that have allowed it to upstream billions of dollars out of policyholders’ reach while maintaining the slimmest...

Jun 25, 2025 Read Now >

Universal Health Services: Problematic Hospital in California Did Not Consistently Report Patient Abuse to Regulators Because It ‘Would Be Reporting All the Time,’ Administrators Told State

Del Amo Behavioral Health, a psychiatric hospital in Torrance, California, owned by Universal Health Services (UHS), is not reporting severe physical and sexual assault of patients in its care, a Capitol Forum investigation has...

Jun 25, 2025 Read Now >

Influential Conservative Think Tank’s President Touts Legislation Targeting ACA, Medicaid Enrollment and Spending at House Hearing, Says Expansion Match Rate is Still a Problem

Brian Blase, the president of a conservative health policy group with links to the Trump administration, called on Congress at a June 25 House Budget Committee hearing to crack down on enrollments in the Affordable Care Act (ACA) Marketplace, de-incentivize states from expanding their...

Jun 25, 2025 Read Now >

‘Just Get on with It’: Growing Frustrations with EC’s Digital Rules Rollout

As the European Commission begins hearings on Big Tech’s compliance with the bloc’s digital antitrust rules, critics say the law is triggering unintended consequences and that the regulator has been too slow and soft when policing some of the world’s most powerful...

Jun 20, 2025 Read Now >

Under EU Pressure, Google Revamps Travel Search Page to Avoid Antitrust Fines

Google (GOOG) has proposed a new design of its search results page for travel queries in an attempt to dodge fines under the EU’s digital antitrust rules, according to two sources familiar with the matter. The Alphabet unit is also planning to...

Jun 19, 2025 Read Now >

Privacy Policy: New State Laws and Enforcement Actions Target Collection of Children’s Data, Precise Geolocation

Nearly halfway through 2025 a flurry of new state privacy laws and enforcement actions are taking aim at invasive data collection practices, including the sale of precise geolocation and minors’ data, amid the continued absence of comprehensive federal privacy legislation. While policy...

Jun 16, 2025 Read Now >

USTR Fees on Chinese Ships Likely to Lead to Increase in Orders for Korean, Japanese, and European Shipbuilders, Experts Say; Shipping Industry Cartel Could Raise Prices, Increase Profits

New fees on Chinese ships proposed by the United States Trade Representative (USTR) are likely to raise freight prices but are unlikely to generate significant revenue as companies will have multiple strategies available to avoid the fees, according to experts and industry members. ...

Jun 03, 2025 Read Now >

Bancorp: Struggling Biotech Firm Steps in as Prospective Buyer of Foreclosed Aubrey Multifamily Property After Original Purchaser Twice Delayed Purchase

After The Bancorp (TBBK) failed to offload a 436-unit multifamily foreclosed property in Houston to the original prospective buyer, an unlikely purchaser—a flailing biotech firm—has acquired the right to close the...

May 29, 2025 Read Now >

Financials Friday: Flagstone’s Nonperforming Loan Level Referred to as ‘Frightening’; Crypto Threats Result in Democratic Support for Stablecoin Bill; Appeal to Vacate Real Estate Price-Fixing Settlement Alleges Widespread Circumvention as New Study Shows Commissions Remain High

Flagstar’s amount of nonperforming loans called “frightening.” U.S. banks reported billions more dollars in loans have gone 90 days or more without a payment, according to first-quarter data. These loans, categorized as “nonperforming,” span everything from car loans to credit...

May 23, 2025 Read Now >

FICO: A Simple Change Could Widen Access to U.S. Mortgages. Why Won’t Fannie and Freddie Make It?

Lenders and mortgage industry watchers say a simple change to allow competition in credit scoring for U.S. mortgages could help more people get real estate loans, but government-sponsored enterprises Fannie Mae (FNMA) and Freddie Mac (FMCC) are dragging their feet. Veterans Affairs and...

May 21, 2025 Read Now >

U.S. Film Tariffs Could Violate WTO Agreement Prohibiting Tariffs on Digital Services, Inviting Retaliation and Complicating Efforts for Extension, Experts Say

Tariffs on foreign-produced films would violate a WTO moratorium on customs duties for digital services, known as the “e-Commerce Moratorium,” said Greg Shaffer, a professor of International Law at Georgetown University Law Center. While “e-Commerce” can sometimes refer to items...

May 21, 2025 Read Now >

In Win for Big Tech, Trump USTR, in Change from Biden Administration, Calls Canadian and Australian Laws Compelling Big Tech to Pay for News ‘Discriminatory Non-Tariff Barriers’

The Biden Administration’s approach to trade policy included a rethink of Big Tech’s role in establishing U.S. trade policy priorities. In contrast, the Trump administration, despite continuing major antitrust litigation against Big Tech, has been vocal in its criticism of European...

May 20, 2025 Read Now >

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