Summer temperatures are just starting to arrive, but anti-corruption fervor is already sizzling. Headlined by a wave of extraordinary and even historic developments in enforcement of the Foreign Corrupt Practices Act, the month of May was a blistering lead-in to this summer. And turning up the heat even more, Britain's long-awaited Bribery Act finally goes into effect in July.
First, the historic. On May 10, a jury convicted Lindsey Manufacturing; its CEO, Keith Lindsey; and its CFO, Steve K. Lee, on one count of conspiracy to violate the FCPA and five counts of violating the FCPA itself. With the verdict, Lindsey ...