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Tech Firm Gets Reprieve From FCPA Prosecution

Jaclyn Jaeger | September 10, 2014

Normally, when the Department of Justice launches an investigation against a company for potential violations of the Foreign Corrupt Practices Act, an enforcement action isn’t far behind.

That wasn’t the case for Image Sensing Systems.

The company, which develops video image processing products for use in traffic management systems, disclosed in a statement this week that the Justice Department and the Securities and Exchange Commission opted not to bring an enforcement action against it over violations of the FCPA. Specifically, the government cited the company’s voluntary disclosure, thorough investigation, cooperation, and voluntary enhancements to its compliance program.  

“From the very beginning, we have voluntarily cooperated with the authorities and have worked diligently to implement measures to enhance our internal controls and compliance efforts,” Kris Tufto, chief...

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