Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

How Layne Christensen and Hewlett-Packard Earned Favorable Treatment After an FCPA Charge

Tom Fox | November 18, 2014

Some compliance commentators continue to complain about the dearth of information coming out of the Justice Department about enforcement of the Foreign Corrupt Practices Act.

It hasn’t been completely silent, however. The recent declination provided to Layne Christensen Co., for example, continues what I believe to be a trend of significant communications to the compliance community as to what a company needs to do if it finds itself in FCPA hot water. Moreover, while the company agreed to a Securities and Exchange Commission cease and desist order, which required payments of fines, penalties, and disgorgement of a little over $5 million,...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.