Office Depot's membership in the Better Business Bureau was revoked after the Florida Attorney General's office settled a more than two-year investigation with the company for $5.9 million, the Daily News has learned. The Boca Raton office supply giant has been the subject of at least 24 government inquiries in the past three years, among them several in Southwest Florida, but is currently the front-runner to win an office supplies contract from the state worth an estimated $42 million a year.
State requirements are becoming more stringent now that Gov. Charlie Crist has signed House Bill 7243. The measure, which takes effect July 1, will require each county's recycling goal to jump from 30 percent currently to 75 percent of materials by 2020, with several milestones to reach along the way.
Naples-based Bank of Florida Corp. faces new enforcement actions from its regulators. The Federal Deposit Insurance Corp., or FDIC, has entered into consent orders with each of the holding company's three banks, according to a filing with the U.S. Securities and Exchange Commission. In those orders, the company does not deny or admit any wrongdoing. The orders require the boards of directors to get more involved in their banks by holding meetings at least once a month and more closely monitoring activities.