All Department of Justice articles – Page 37

  • Blog

    Former U.S. Deputy Attorney General Sally Yates rejoins King & Spalding

    2018-05-08T10:45:00Z

    International law firm King & Spalding today announced that former Acting Attorney General and Deputy Attorney General Sally Yates has returned to the firm as a partner on its Special Matters & Government Investigations team.

  • Blog

    Panasonic must pay $280M to resolve FCPA charges

    2018-04-30T15:15:00Z

    Panasonic Avionics has agreed to pay more than $280 million to resolve civil and criminal charges arising out of a scheme to retain consultants for improper purposes and conceal payments to third-party sales agents.

  • Blog

    Dun & Bradstreet to pay $9M to resolve FCPA case

    2018-04-24T12:30:00Z

    The SEC announced on Monday that Dun & Bradstreet will pay $9 million for violations of the Foreign Corrupt Practices Act arising from improper payments made by two Chinese subsidiaries. Meanwhile, the Department of Justice said it has declined prosecution “consistent with the FCPA Corporate Enforcement Policy.”

  • Blog

    Cemex FCPA investigation widens

    2018-04-17T14:00:00Z

    Cemex has disclosed in a securities filing that the U.S. Department of Justice has requested from it information regarding an ongoing Foreign Corrupt Practices Act investigation.

  • Blog

    Knorr, Wabtec must end ‘no-poach’ agreements

    2018-04-03T15:45:00Z

    The Department of Justice reached a settlement with rail equipment suppliers Knorr-Bremse and Westinghouse Air Brake Technologies (Wabtec) to resolve allegations that these companies had for years maintained unlawful agreements not to compete for each other’s employees.

  • Blog

    Sanofi: Department of Justice ends FCPA probe

    2018-03-09T11:45:00Z

    French pharmaceutical company Sanofi said that the U.S. Department of Justice has closed its inquiry into allegations concerning potential violations of the U.S. Foreign Corrupt Practices Act.

  • Blog

    Exterran FCPA investigation ends without enforcement action

    2018-03-01T15:00:00Z

    Exterran said it will not face an enforcement action following a Foreign Corrupt Practices Act investigation, but an SEC investigation related to circumstances giving rise to a previous restatement is continuing.

  • Blog

    Deloitte settles claims tied to mortgage lender collapse

    2018-02-28T21:45:00Z

    Deloitte will pay $149.5 million to settle claims with the Justice Department over its audit work at Taylor, Bean & Whitaker, a mortgage lender that collapsed in 2009.

  • Blog

    DoJ to file ‘Statement of Interest’ in cases against opioid makers, distributors

    2018-02-28T13:45:00Z

    The Department of Justice this week announced it will be filing a Statement of Interest in a multi-district action regarding hundreds of lawsuits against opioid manufacturers and distributors.

  • Article

    New DoJ policies favor corporate defendants

    2018-02-27T12:00:00Z

    The Justice Department has issued a trio of memoranda that provides a wealth of legal, compliance, and internal audit insight on whistleblower complaints or false claims cases.

  • Blog

    Fresenius Medical Care reserves €200 million in FCPA case

    2018-02-27T11:45:00Z

    Germany-based Fresenius Medical Care, a provider of dialysis products and services, has set aside €200 million concerning its ongoing settlement negotiations with the U.S. government regarding potential violations of the Foreign Corrupt Practices Act.

  • Blog

    Department of Justice creates Cybersecurity Task Force

    2018-02-20T16:00:00Z

    A new Cyber-Digital Task Force will assess how the Department of Justice is combatting the global cyber-threat and how federal law enforcement can more effectively accomplish its mission in this evolving area.

  • Blog

    U.S. Bancorp to pay $613M for AML compliance failures

    2018-02-15T16:00:00Z

    U.S. Bancorp, the parent company of U.S. Bank, announced today that it will pay a total of $613 million in total penalties for willfully failing to have an adequate anti-money laundering compliance program and willfully failing to file a suspicious activity report in violation of the Bank Secrecy Act.

  • Blog

    Third highest Department of Justice official to leave for Walmart

    2018-02-12T09:30:00Z

    Rachel Brand, Associate Attorney General of the Department of Justice, will join Walmart on April 2 as executive vice president, global governance and corporate secretary.

  • Blog

    Thirty-six Indicted for $530 million in global cyber-crime losses

    2018-02-08T10:30:00Z

    A federal indictment charges 36 individuals from around the world for their roles in the Infraud Organization, an Internet-based cybercriminal enterprise engaged in the large-scale acquisition and sale of stolen identities and credit cards.

  • Blog

    Did OSI Systems commit FCPA and securities trading violations?

    2018-02-02T12:30:00Z

    OSI Systems said the SEC and Department of Justice have commenced investigations into potential violations of the Foreign Corrupt Practices Act, and also are investigating trading in the company’s securities.

  • Blog

    HSBC to pay $101.5M in front-running scheme case

    2018-01-29T10:00:00Z

    U.K.-based global financial services company HSBC Holdings will pay a total of $101.5 million to resolve charges that it engaged in a scheme to defraud two bank clients through a multi-million dollar scheme commonly referred to as “front-running.”

  • Blog

    Amid fraud, conspiracy charges, should inspection results be restated?

    2018-01-23T13:15:00Z

    Former KPMG leaders gamed up to two years of inspection results, federal authorities say, but no one will discuss whether those results can or should be corrected.

  • Blog

    Dropbox, HSBC, and the CFPB

    2018-01-19T11:00:00Z

    In case you missed it this week, Dropbox filed confidentially for an IPO, HSBC settles over money-laundering allegations, and the CFPB is giving loan-sharks some slack.

  • Article

    Lessons from the FCPA corporate enforcement policy

    2018-01-17T09:30:00Z

    The Department of Justice’s new FCPA Corporate Enforcement Policy offers valuable lessons for companies that are considering how best to address a potential FCPA violation.