WASHINGTON, July 23 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
SAN FRANCISCO - SoftBank Robotics America, Inc. (SoftBank Robotics America), a San Francisco-headquartered robotics business within SoftBank Group Corp., a Japanese multinational investment holding company, has agreed to pay a total of $3,637,499.09 to settle allegations that it knowingly violated the False Claims Act when it received and retained a Paycheck Protection Program (PPP) loan in violation of PPP rules.
Congress created the PPP in March 2020, as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, to provide emergency financial support to the millions of Americans suf...