All Justice Department articles – Page 6
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Blog
No Charges in News Corp. Phone Hacking Scandal
Twenty-First Century Fox and News Corp. announced in separate regulatory filings with the SEC that the Justice Department will not file charges following the completion of its investigation into the phone hacking scandal. Both companies faced potential charges for violations of the Foreign Corrupt Practices Act concerning alleged bribes paid ...
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Blog
Obama Nominates Stuart Delery as Associate Attorney General
President Barack Obama has nominated Acting Associate Attorney General Stuart Delery to permanently serve in the Justice Department’s third-ranking post. He must still be confirmed by the Senate. “Stuart has proven himself to be an outstanding attorney, an extraordinarily dedicated public servant, and an indispensable part of our senior leadership ...
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Blog
Japanese Firm Fined $3.2M on Price-Fixing Charges
Japan-based auto parts maker Sanden has agreed to pay a $3.2 million criminal fine to the Department of Justice for its role in a conspiracy to suppress competition for the purchase of compressors sold to Nissan North America. “The Division continues to vigorously prosecute companies and individuals that seek to ...
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Blog
Antitrust Division: $1.86B in Fines Last Year
The Antitrust Division of the Justice Department had one of its biggest years ever in fiscal 2014: $1.86 billion in fines and penalties from various enforcement actions. The lion’s share of that sum stems from a widespread price-fixing and bid-rigging scheme in the auto parts industry, as well as the ...
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Blog
Engineering Firm Nicked $3.4M on FCPA
Engineering and construction firm PBSJ has agreed to pay $3.4 million in financial remedies to the SEC for violations of the Foreign Corrupt Practices Act by offering and authorizing bribes and employment to foreign officials to secure Qatari government contracts. Details inside.
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Blog
New Chair Named to Attorney General’s Advisory Committee
Attorney General Eric Holder today appointed U.S. Attorney John Walsh for the District of Colorado as chair of the Attorney General’s Advisory Committee of U.S. Attorneys, and U.S. Attorney Richard Hartunian for the Northern District of New York to serve as vice chair. Both appointments are effective immediately. Details ...
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Blog
Daiichi Sankyo to Pay $39 Million for FCA Violations
Japanese pharmaceutical company Daiichi Sankyo this month agreed to pay $39 million to the government to resolve allegations that it violated the False Claims Act by paying kickbacks to induce physicians to prescribe Daiichi drugs. “Settlements like this one show that the government will continue to pursue health care companies ...
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Blog
Nortek Launches FCPA Probe
Nortek disclosed last week in a regulatory filing with the Securities and Exchange Commission that it has launched an internal investigation into potential violations of the Foreign Corrupt Practices Act concerning potential improper payments made by its Chinese manufacturing unit. Details inside.
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Blog
A Recap of FCPA Enforcement in 2014
Foreign Corrupt Practices Act enforcement actions brought by the Justice Department and the Securities Exchange Commission in 2014 held steady in comparison to the previous year's enforcement numbers, while the average price tag in penalty amounts continued to skyrocket. In 2014, the average total value of monetary resolutions in FCPA ...
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Article
Lessons to Learn From the Alstom Fiasco
The record $772 million criminal penalty reached between the Justice Department and French power and transportation giant Alstom is yet another real-life example of corporate governance gone haywire. Abounding with cover-ups and an overall lack of due diligence, “The Alstom case is the antithesis of the hallmarks of an effective ...
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Blog
Justice Department Names New Chief of Criminal Division's Fraud Section
Andrew Weissmann today was selected as the Chief of the Criminal Division’s Fraud Section. Weissmann returns to the Criminal Division after serving as the FBI’s general counsel under former Director Robert Mueller and, most recently, teaching criminal procedure and national security law courses and seminars at NYU School of Law. ...
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Blog
Justice Department Intervenes in Whistleblower Suits Against Omnicare
The Justice Department recently intervened in two consolidated whistleblower lawsuits against drug company Omnicare over allegations that it solicited and received millions of dollars in kickbacks from drug maker Abbott Laboratories. “Although the U.S. Attorney’s Office for the Western District of Virginia is small, we will not waver in our ...
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Blog
Alstom to Pay Record $772 Million for FCPA Violations
Image: French power and transportation giant Alstom SA agreed Monday to pay $772 million to settle criminal violations of the Foreign Corrupt Practices Act, setting a record for largest FCPA settlement ever. Deputy Attorney General James Cole called Alstom’s misconduct "astounding in its breadth, its brazenness and its worldwide consequences," ...
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Analogic Nears End of FCPA Probe
Analogic, an airport security and medical-imaging technology provider, has disclosed that it’s likely to face sanctions by the Department of Justice and SEC for violations of the Foreign Corrupt Practices Act. The potential sanctions concern certain questionable transactions involving Analogic’s Danish subsidiary BK Medical and certain of its foreign distributors. ...
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Blog
Petrobras Creates Risk and Compliance Executive Director Role Amid Bribery Probe
Brazilian state-owned oil company Petrobras has created a new position of executive director of governance, risk, and compliance. The move comes as the company faces several investigations for its involvement in a widespread money-laundering scandal.
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Dallas Airmotive Pays $14 Million for FCPA Violations
Dallas Airmotive, a provider of aircraft engine maintenance, repair and overhaul services, has reached a $14 million settlement with the Department of Justice to resolve criminal charges over violations of the Foreign Corrupt Practices Act. The settlement resolves charges that Dallas Airmotive bribed government officials in Latin America in order ...
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Blog
Justice Department Extends Standard Chartered DPA
The U.S. Attorney's Office for the District of Columbia and the Department of Justice have decided to extend for three more years a deferred prosecution agreement reached with British bank Standard Charted Bank in 2012, finding that it has not satisfied the requirements of the original agreement—and may have ...
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Blog
Justice Department Launches New Digital Services
The Department of Justice today announced the launch of two new digital services: the News API and the Law Jobs API. These new Web application programming interfaces add search, sort, and filter capabilities to thousands of Supreme Court briefs, legal opinions, Freedom of Information Act court decisions, Congressional testimony, and ...
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Blog
DoJ Creating Dedicated Cybersecurity Unit Within Criminal Division
Image: Assistant Attorney General Leslie Caldwell has announced that the Justice Department is creating a cyber-security unit within the Criminal Division. Prosecutors will serve as a “central hub for expert advice and legal guidance regarding the criminal electronic surveillance statutes for both U.S. and international law enforcement conducting complex cyber-investigations,” ...
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Blog
Toyota Motor Credit Probed for Lending Discrimination
The Department of Justice and the Consumer Financial Protection Bureau last month launched an investigation against Toyota Motor Credit over allegations of auto-lending discrimination practices, Toyota announced in a recent Form 8-K with the Securities and Exchange Commission. According to the agencies, “such practices resulted in discriminatory pricing of loans ...