Special Report

30 Scandals That Cost Companies Billions in Fines

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25. Boeing
> Fine or settlement amount: $2,513,600,000
> Agency imposing fine: US DOJ
> Reason: Settlement to resolve a criminal charge related to a conspiracy to defraud the FAA AEG in connection with its evaluation of Boeing’s 737 MAX airplane

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24. Morgan Stanley
> Fine or settlement amount: $2,600,000,000
> Agency imposing fine: US DOJ
> Reason: Penalty related to its residential mortgage backed securities – failed to disclose critical information to investors about the quality of the mortgage loans

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23. GlaxoSmithKline
> Fine or settlement amount: $3,000,000,000
> Agency imposing fine: US DOJ
> Reason: Plead guilty to a three-count criminal information, including the unlawful promotion of Paxil and Wellbutrin and failure to report safety data about Avandia to the FDA

Source: David McNew / Getty Images

22. American Electric Power
> Fine or settlement amount: $4,675,000,000
> Agency imposing fine: EPA
> Reason: AEP agreed to install state-of-the-art emission controls on most of the units in its system at a cost estimated to reach $4.6 billion

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21. Google/Alphabet
> Fine or settlement amount: $5,000,000,000
> Agency imposing fine: EU
> Reason: Antitrust penalty imposed for stifling competition through the dominance of its Android operating system

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