French multinational building products company Lafarge pleaded guilty to providing material support and resources to two U.S.-designated foreign terrorist groups in Syria, representing the Department of Justice’s (DOJ) first corporate material support for terrorism prosecution.

Lafarge and its defunct Syrian-based subsidiary, Lafarge Cement Syria (LCS), agreed Tuesday to pay nearly $778 million in fines and forfeiture to resolve a charge laid in U.S. District Court for the Eastern District of New York. Lafarge was accused of providing material support and resources from 2013-14 to the Islamic State of Iraq and al-Sham (ISIS) and the al-Nusrah Front (ANF).

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...