All FCPA articles – Page 20

  • Blog

    Former Assistant U.S. Attorney joins Hinshaw & Culbertson

    2017-01-31T13:00:00Z

    The U.S. law firm of Hinshaw & Culbertson has named Kenneth Yeadon, Previously an Assistant U.S. Attorney for the Northern District of Illinois and a senior attorney with the Securities and Exchange Commission’s Division of Enforcement, as a partner in the Chicago office.

  • Blog

    Hosted hunting trips in Sweden and Texas

    2017-01-30T10:45:00Z

    Tom Fox explores the ethical implications of hosted hunting trips and specifically the case of Fredrik Lundberg, chairman of Sweden-based Industrivarden, and Anders Borg, the former finance minister of that country, who was given just such a trip by Lundberg.

  • Blog

    Two former Och-Ziff executives charged with FCPA violations

    2017-01-30T09:00:00Z

    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 Jaeger reports.

  • Blog

    Anything of value really means anything

    2017-01-24T15:00:00Z

    Tom Fox explores recent cases that fall under the FCPA “anything of value” standard, including JPMorgan Chase, Rolls-Royce, VimpelCom, and Qualcomm.

  • Blog

    Las Vegas Sands pays $7M for FCPA violations

    2017-01-20T15:45:00Z

    Las Vegas Sands agreed to pay a $6.96 million criminal penalty to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act. This resolution is in addition to the $9 million related civil penalty paid to the SEC in April. Jaclyn Jaeger reports.

  • Blog

    Orthofix to pay $15M for accounting failures and FCPA violations

    2017-01-19T09:30:00Z

    Medical-device company Orthofix International has agreed to admit wrongdoing and pay more than $14 million to settle SEC charges that it improperly booked revenue in certain instances and made improper payments to doctors at government-owned hospitals in Brazil in order to increase sales. Jaclyn Jaeger reports.

  • Blog

    Chilean chemicals and mining company to pay $30.5M in FCPA case

    2017-01-19T09:00:00Z

    Chilean chemicals and mining company Sociedad Química y Minera de Chile (SQM) agreed to pay a combined $30.5 million in criminal and civil penalties in connection with payments to politically connected individuals in Chile in violation of the Foreign Corrupt Practices Act. Jaclyn Jaeger has more.

  • Blog

    How General Cable’s FCPA mess looks to the past and the future

    2017-01-18T14:45:00Z

    General Cable’s sprawling FCPA enforcement action seemed to go everywhere at once. Tom Fox explains.

  • Article

    Debating ‘anything of value’ under the FCPA

    2017-01-18T08:45:00Z

    Are U.S. enforcement agencies interpreting the term “anything of value” under the FCPA too broadly? Jaclyn Jaeger explores both sides of the debate.

  • Blog

    Wither the attorney-client privilege?

    2017-01-17T12:15:00Z

    Attorney-client privilege is once again under siege, writes Tom Fox—this time in a lawsuit being brought by the former general counsel of Bio-Rad, Sanford Wadler, who is suing his former employer for wrongful termination.

  • Blog

    Zimmer Biomet to pay $30M to resolve FCPA violations

    2017-01-13T12:30:00Z

    Medical-device maker Zimmer Biomet Holdings has agreed to pay more than $30 million to resolve parallel SEC and Department of Justice investigations into the company’s repeat violations of the Foreign Corrupt Practices Act. Jaclyn Jaeger reports.

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    Article

    Anti-corruption compliance lessons from Teva’s FCPA case

    2017-01-10T15:00:00Z

    Teva Pharmaceuticals conducted bribery on a massive, international scale and became a case study for FCPA watchers everywhere. Jaclyn Jaeger reports.

  • Blog

    Greek authorities raid Novartis offices in bribery probe

    2017-01-05T10:15:00Z

    Novartis is facing a fresh bribery probe, this time in Greece, where authorities there have raided the company’s offices searching for electronic documents and files. Jaclyn Jaeger reports.

  • Blog

    General Cable to pay $76M in FCPA case

    2016-12-29T13:30:00Z

    General Cable today agreed to pay a combined $76 million to resolve parallel investigations with the SEC and Department of Justice related to violations of the Foreign Corrupt Practices Act. The company agreed to pay an additional $6.5 million penalty to the SEC to settle separate accounting-related violations. Jaclyn Jaeger ...

  • Blog

    Odebrecht-US leads a massive global corruption settlement

    2016-12-23T15:45:00Z

    The Odebrecht and Braskem global corruption settlements portend a new level of international cooperation in both investigation and enforcement.

  • Blog

    Laureate Education launches FCPA probe into charitable donation

    2016-12-20T11:00:00Z

    Laureate Education, a for-profit higher education institution, said that it is conducting an internal investigation into possible violations of the U.S. Foreign Corrupt Practices Act concerning an $18 million donation that one of its network institutions made in Turkey to a charitable foundation. Jaclyn Jaeger has more.

  • Blog

    Compliance has become the heart of the business

    2016-12-15T10:15:00Z

    Compliance has taken center stage in investors' eyes according to Tom Fox. Large institutional investors are beginning to evaluate companies by considering a mix of metrics, such as regulatory warnings, tangential civil lawsuit, and social responsibility. Fox has more.

  • Blog

    How JPMorgan Chase avoided prosecution over ‘Sons and Daughters’

    2016-12-13T14:00:00Z

    At one time, it looked like JPMorgan Chase had landed in fairly hot water with its ‘Sons and Daughters’ bribery scandal. But for every misstep, says Tom Fox, there is a path to freedom.

  • Blog

    The FCPA and ‘Islands of Honesty’

    2016-12-12T09:30:00Z

    The Man From FCPA Tom Fox explores a recent article that hopes to answer the question: Why are so many governments around the world collapsing amid corruption scandals?”

  • Blog

    Under the FCPA, 'anything of value' means precisely that

    2016-12-07T10:45:00Z

    A recent U.S. Supreme Court decision makes it very clear that when it comes to issues of potential bribery, absolutely anything that could be considered as having value is fair game as a potential agent of corruption. Tom Fox reports.