FCPA
This archive displays posts tagged as relevant to the Foreign Corrupt Practices Act or FCPA. You may also be interested in the following pages:
May 15, 2014
Marubeni Corporation, a Japanese trading company involved in products and services in a broad range of sectors around the world, including power generation, was sentenced today for violating the Foreign Corrupt Practices Act (FCPA) by paying bribes to high-ranking government officials in Indonesia to secure a lucrative power project. The company signed a plea agreement admitting its criminal conduct and agreeing to pay an $88M fine. DOJApril 9, 2014
Hewlett-Packard Russia agreed to plead guilty to felony violations of the Foreign Corrupt Practices Act for bribing Russian government officials to secure a large technology contract with the Office of the Prosecutor General of the Russian Federation. In addition, the US entered into criminal resolutions with HP subsidiaries in Poland and Mexico relating to FCPA violations for contracts with Poland’s national police agency and Mexico’s state-owned petroleum company. In total, the three HP entities will pay more than $108M in criminal and regulatory penalties. DOJMarch 19, 2014
Marubeni Corp., a Japanese trading company involved in power generation, pled guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and agreed to pay a criminal fine of $88M for its participation in a scheme to bribe high-ranking government officials in Indonesia to secure a lucrative power project. DOJDOJ Scores Big With Record-Breaking Alstom FCPA Sentence -- Who's Next On The DOJ'S FCPA Hit List?
Posted 11/17/15
By Eric Havian and Gordon Schnell (Published in Offshore Alert)
Late Friday, 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. This follows the company's December 2014 guilty plea to the charges. The 9-figure...
DOJ Scores Big With Record-breaking Alstom FCPA Sentence -- Who's Next On the DOJ'S FCPA Hit List?
Posted 11/16/15
Offshore Alert (November 16, 2015)
Click here to read the article.
SEC Enforcement Spotlight – Bristol-Myers Squibb pays over $14 million to settle FCPA charges
Posted 10/8/15
New York-based pharmaceutical company Bristol-Myers Squibb (BMS) will pay more than $14 million to settle SEC findings that it violated the Foreign Corrupt Practices Act (FCPA). According to the SEC’s order instituting settled administrative proceedings, between 2009 and 2014, sales representatives of BMS China sales sought to secure and increase business by providing health care providers in China with...
SEC Enforcement Spotlight – Mead Johnson Nutrition
Posted 07/30/15
Mead Johnson Nutrition Company agreed to pay $12 million to settle SEC findings that it violated the Foreign Corrupt Practice Act (“FCPA”). An SEC investigation found that employees of Mead Johnson’s Chinese subsidiary made improper payments to healthcare professionals at government-owned hospitals to induce them to recommend Mead Johnson’s infant formula to new or expectant mothers. See SEC Press...
In Their Own Words -- Tillipman
Posted 07/10/15
-- “Let’s be clear about one thing: Chuck Blazer is not a whistleblower. And more importantly, the media’s haphazard use of this term to describe Blazer is a disservice to the brave individuals that may legitimately be deemed ‘whistleblowers.’"
-- Jessica Tillipman, Senior Editor of the FCPA Blog and Assistant Dean at The George Washington University Law School. Click here for more.SEC Enforcement Spotlight -- FLIR Systems
Posted 04/9/15
By the C|C Whistleblower Lawyer Team
Oregon-based defense contractor FLIR Systems Inc. agreed to pay more than $9.5 million to settle charges by the Securities and Exchange Commission (SEC) that the company violated the Foreign Corrupt Practices Act (FCPA) by financing a “world tour” of personal travel and gifts for Middle East government officials. FLIR, which develops infrared technology for use in...