By
Aaron Nicodemus2023-05-30T17:30:00
Gartner agreed to pay nearly $2.5 million as part of a settlement with the Securities and Exchange Commission (SEC) addressing alleged violations of the Foreign Corrupt Practices Act (FCPA) in South Africa.
The Connecticut-based technological research and consulting company will pay a $1.6 million civil penalty and disgorgement and prejudgment interest totaling $856,764 for violating the anti-bribery, books and records, and internal accounting controls provisions of the FCPA, according to the SEC’s order published Friday.
Gartner neither admitted nor denied the SEC’s findings.
2024-08-01T17:01:00Z By Aaron Nicodemus
The International Police Organization will launch a pilot anti-money laundering initiative in Africa that will trace and recover funds stolen by corrupt officials and criminals.
2023-08-11T14:52:00Z By Kyle Brasseur
Colombian conglomerate Grupo Aval agreed to pay nearly $81 million as part of settlements addressing alleged bribes paid by its bank subsidiary Corficolombiana to win a highway construction contract.
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Chemical company Albemarle Corp. disclosed it is set to pay $218.5 million as part of proposed settlements reached with the Department of Justice and Securities and Exchange Commission regarding apparent violations of the Foreign Corrupt Practices Act.
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A probe into Fannie Mae uncovered compliance and governance concerns involving FHFA director Bill Pulte and other senior officials. The result, so far at least, was not to address the concerns uncovered but to fire staff in Fannie Mae’s ethics and internal investigations unit.
2025-11-13T20:34:00Z By Jaclyn Jaeger
The DOJ dropped a June 2024 indictment against a Cassava Sciences advisor, closing a case tied to an alleged short-selling scheme and related government probes. The case was criticized for fundamental flaws in evidence and legal procedures.
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The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
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