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January 22, 2015

Florida-based engineering and construction firm The PBSJ Corporation (now known as The Atkins North America Holdings Corporation) agreed to pay $3.4M to settle charges of violating the Foreign Corrupt Practices Act (FCPA) by offering and authorizing bribes and employment to foreign officials to secure Qatari government contracts.  SEC

December 17, 2014

Global beauty products company Avon Products Inc. agreed to pay $135M to settle charges it violated the Foreign Corrupt Practices Act (FCPA) by failing to put controls in place to detect and prevent payments and gifts to Chinese government officials from employees and consultants at a subsidiary.  According to the government, Avon’s subsidiary in China made $8M worth of illicit payments to Chinese officials to secure business there.  SEC

December 15, 2014

Massachusetts-based manufacturer of scientific instruments Bruker Corporation agreed to pay $2.4M to settle charges of violating the Foreign Corrupt Practices Act (FCPA) by providing non-business related travel and improper payments to various Chinese government officials in an effort to win business.  SEC

November 17, 2014

The SEC sanctioned Stephen Timms and Yasser Ramahi, two former employees in the Dubai office of US-based defense contractor FLIR Systems Inc., for violating the Foreign Corrupt Practices Act (FCPA) by taking government officials in Saudi Arabia on a “world tour” to help secure business for the company.  The two employees later falsified records in an attempt to hide their misconduct.  FLIR is headquartered in Oregon and produces thermal imaging, night vision, and infrared cameras and sensor systems.  SEC

November 3, 2014

Clinical diagnostic and life science research company Bio-Rad Laboratories agreed to pay $55M to settle charges it violated the Foreign Corrupt Practices Act (FCPA) when its subsidiaries made improper payments to foreign officials in Russia, Vietnam, and Thailand in order to win business.  An SEC investigation found Bio-Rad lacked sufficient internal controls to prevent or detect approximately $7.5M in bribes that were paid during a five-year period and improperly recorded in books and records as legitimate expenses like commissions, advertising, and training fees.  The improper payments enabled Bio-Rad to earn $35M in illicit profits.  Whistleblower Insider

October 27, 2014

Texas-based global water management, construction, and drilling company Layne Christensen Company agreed to pay more than $5M to settle charges it violated the Foreign Corrupt Practices Act (FCPA) by making improper payments to foreign officials in several African countries in order to obtain beneficial treatment and reduce its tax liability.  SEC

July 28, 2014

Massachusetts-based firearm manufacturer Smith & Wesson agreed to pay $2M to settle charges it violated the Foreign Corrupt Practices Act (FCPA) by providing guns and cash to Pakistani police officials in order to win a contract with the Pakistani police department.  SEC

April 9, 2014

The SEC charged Hewlett-Packard with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries in Russia, Poland and Mexico made improper payments to government officials to obtain or retain lucrative public contracts.  Hewlett-Packard agreed to pay more than $108M to settle the SEC’s charges and a parallel criminal case by the DOJ.  SEC

January 9, 2014

The SEC charged global aluminum producer Alcoa Inc. with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries repeatedly paid bribes, collectively valued at more than $110M,  to government officials in Bahrain to maintain a key source of business.  Alcoa agreed to settle the SEC’s charges and a parallel criminal case by the DOJ for $384M.  SEC

November 13, 2015

French power and transportation company Alstom S.A. was sentenced to pay a $772 million fine for violating the Foreign Corrupt Practices Act (FCPA) through its payment of millions of dollars in secret bribes to government officials across the globe.  According to the company’s own admissions, Alstom paid bribes to government officials and falsified books and records in connection with power, grid and transportation projects for state-owned entities around the world, including in Indonesia, Egypt, Saudi Arabia, the Bahamas and Taiwan.  Alstom concealed the bribes by retaining consultants purportedly to provide consulting services but that actually served as conduits for the illegal payments.  In total, Alstom paid more than $75 million in bribes to secure more than $4 billion in projects around the world, with a profit to the company of approximately $300 million.  Whistleblower Insider
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