Jaclyn Jaeger is an Editor at Compliance Week. She writes on a wide variety of topics, including ethics and compliance, regulatory enforcement matters, risk management, technology, and more. Jaeger welcomes questions and comments from readers; she can be reached via e-mail at firstname.lastname@example.org.
CA, an information technology management software and services company, agreed to pay $45 million to resolve allegations under the False Claims Act that it made false statements and claims in the negotiation and administration of a General Services Administration contract, the Department of Justice announced.
Attorney General Jeff Sessions over the weekend asked 46 U.S. Attorneys General who served under the Obama administration to immediately—and suddenly—tender their resignations, including Preet Bharara as U.S. Attorney for the Southern District of New York. Bharara refused to resign, announcing he was fired.
The countdown begins for when the compliance community will soon find out the fate of the Pilot Program initiated last year by the Criminal Division’s Fraud section. Until then, “the program will continue in full force until we reach a final decision on those issues,” Acting Assistant Attorney General Kenneth Blanco has announced.
Telecommunications company ZTE has agreed to pay a record-high combined civil and criminal penalty of $1.19 billion, pending approval from the courts, for violating U.S. sanctions by sending U.S.-origin items to Iran.
Crawford & Co, an independent claims management firm, disclosed in a quarterly report this week that the Securities and Exchange Commission said it will not be bringing charges following a Foreign Corrupt Practices Act investigation.
With little fanfare, the Department of Justice last week published a list of sample topics and questions, entitled the “Evaluation of Corporate Compliance Programs.” Ethics and compliance officers will find the document useful as it provides a more explicit explanation as to what common questions the Fraud Section may ask in evaluating a corporate compliance program. Jaclyn Jaegerhas more.
Cobalt International Energy said the Department of Justice does not intend to recommend any enforcement action after looking into potential violations of the Foreign Corrupt Practices Act related to Cobalt's operations in Angola. The SEC reached a similar conclusion last year when it closed its investigation. Jaclyn Jaegerreports.
The U.K. Serious Fraud Office has commenced an investigation into the activities of ABB’s U.K. subsidiaries, their officers, employees, and agents for suspected offenses of bribery and corruption. Jaclyn Jaegerhas more.
Panasonic, a Japanese multinational electronics company, today issued a statement disclosing that it’s being investigated for potential violations of the Foreign Corrupt Practices Act. Jaclyn Jaegerreports.
The Securities and Exchange Commission last week charged two former executives at Och-Ziff Capital Management Group with being the driving forces behind a far-reaching bribery scheme that violated the Foreign Corrupt Practices Act. Jaclyn Jaegerreports.