Special Report

30 Scandals That Cost Companies Billions in Fines

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20. Facebook/Meta Platforms
> Fine or settlement amount: $5,000,000,000
> Agency imposing fine: FTC
> Reason: Settlement of FTC charges it violated a 2012 order by deceiving users about their ability to control the privacy of their personal information

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19. Johnson & Johnson
> Fine or settlement amount: $5,000,000,000
> Agency imposing fine: Multi-state AGs
> Reason: Agreement to resolve investigations and litigation over its role in creating and fueling the opioid epidemic

Source: Dan Totilca / iStock Editorial via Getty Images

18. Goldman Sachs
> Fine or settlement amount: $5,060,000,000
> Agency imposing fine: US DOJ
> Reason: Settlement related to conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities between 2005 and 2007

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17. Anadarko Petroleum – now Occidental Petroleum
> Fine or settlement amount: $5,150,000,000
> Agency imposing fine: EPA
> Reason: Settlement to resolve claims brought by the EPA and others in the bankruptcy of Tronox Inc. and its subsidiaries for the clean-up of environmental contamination

Source: yuelan / iStock Editorial via Getty Images

16. Credit Suisse
> Fine or settlement amount: $5,280,000,000
> Agency imposing fine: US DOJ
> Reason: Settlement related to conduct in the packaging, securitization, issuance, marketing and sale of residential mortgage-backed securities between 2005 and 2007

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