The company expects to spend as much as $45 million in its first quarter.
The battle for FCPA reform is not dead, it is merely resting.
Mark Botti and J. Brady Dugan join the firm from Akin Gump Strauss Hauer & Feld LLP.
Investigative reporter David Barstow discusses the thinking behind Wal-Mart’s failure to self-report corruption in Mexico.
The New York Times strikes another blow, alleging in lurid detail how Wal-Mart’s Mexican subsidiary paid bribes to open 19 different locations.
Wal-Mart Stores Inc. sees a jump in legal costs and acknowledges it is investigating possible foreign bribery in at least three new countries.
As part of efforts to resume funding for a corruption-plagued, $3 billion bridge project in Bangladesh, three prominent anti-corruption jurists concluded a visit to the country where they are assessing an investigation by local authorities.
The decision, which forgoes lengthy punishments in light of remedial actions, is the first of this kind to be taken by the Sanctions Board and appears explicitly modeled on the non-prosecution and deferred prosecution agreements used by the U.S. Justice Department to resolve foreign bribery cases. UPDATED Oct. 15, 2012 with a correction and amplification.
The company anticipates spending $35 million to $40 million in each of the remaining quarters.
The big-box retailer may have issues complying with laws against anti-money laundering and tax evasion, Democratic Reps. Henry Waxman and Elijah Cummings assert in a new letter.
Wal-Mart has hired outside attorneys to look at compliance measures in other corruption-prone countries.
Reps. Elijah Cummings (D-Md.) and Henry Waxman (D-Calif.) pressed for answers on potential conflicts of interest between the Chamber of Commerce’s push to amend U.S. foreign bribery laws and corporate representatives on its board. UPDATE: 4:14 p.m.
Apple, Macmillan and Penguin have brought on defense attorneys from O’Melveny & Myers, Sidley Austin and Akin Gump as litigation looms.
Nicole H. Sprinzen is back in the firm’s Washington, D.C.-based office after a 9-year stint earlier in her career.
But pressure on Democrats has lifted, and it’s unlikely that any bill will move without bipartisan backing.
Ogden also came out strongly against mandatory exclusion from Medicare and Medicaid business for health care companies that violate the law, saying it gives prosecutors too much power to force mega settlements without the scrutiny of a trial.
The former Deputy Attorney General will moderate a panel titled “The Very Long Arm of the Law.” The business lobby has previously enlisted other former, high-ranking DOJ officials to speak on policies with which it has taken issue.
U.S. prosecutors reportedly have obtained bank records and witness testimony regarding large unexplained transactions by Dahdaleh through offshore bank accounts. Such payments could violate the U.S. Foreign Corrupt Practices Act.
Elite Washington lawyers participated in a corruption investigation of former Ukraine Prime Minister Yulia Tymoshenko that helped set the stage for what the White House condemned as her “politically motivated” prosecution and conviction this week.
Richard Zabel is expected to become deputy U.S. Attorney.
New reports show $110,000 went to Debevoise & Plimpton and partner Michael Mukasey, who testified before Congress last month on a set on potential changes to the Foreign Corrupt Practices Act.
The trick is to find “pervasive error” rather than try to “chip away” at the verdict.
The team assembled by the Chamber already consisted of a former attorney general, several former Justice Department officials and counsels to the Senate Judiciary Committee prior to the new additions. UPDATED 3:30 p.m.
Prosecutors from the Southern District of New York have joined the investigation, as more than a dozen top law firms have been hired to represent executives at the company.
Five former Justice Department officials and federal prosecutors made the list.
Assistant U.S. Attorneys Jonathan Streeter, Reed Brodsky and Andrew Michaelson in Manhattan are prosecuting the hedge fund titan.
The company said while it had not received formal word the investigations are closed, it had no reason to believe inquiries by the Justice Department and Senate were still active.
Dallas plaintiffs’ lawyer Hamilton Lindley believes he’s at the vanguard of a potentially lucrative new legal practice: the filing of shareholder derivative lawsuits sparked by Foreign Corrupt Practices Act disclosures.
Rep. Don Young (R-Alaska) was accused of accepting illegal campaign donations and gifts from businessman associated with Veco Corp., a now-defunct Alaskan oil services company.
No Asian or Pacific American has ever served in one of the Justice Department’s top four slots — Attorney General, Deputy Attorney General, Associate Attorney General, Solicitor General. But if Elena Kagan is confirmed, odds are good that will change. UPDATED: June 15.
BEST FCPA LAWYERS PRACTICE GROUP OF THE YEAR. Main Justice held an awards luncheon in Washington, D.C., to honor top firms in the Foreign Corrupt Practices Act arena. This video shows announcement of the finalists and winner in the Practice Group of the Year category.
Mary Jacoby is the founder of Main Justice and Editor-in-Chief of Just Anti-Corruption.
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Dealing with complex issues of fraud, regulatory compliance and business disputes can detract from efforts to achi...
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- Army National Guard Captain Charged for Alleged Role in Bribery and Wire Fraud Scheme and Two Former Soldiers Sentenced for Their Roles in a Related Scheme
- Two Foreign Nationals Sentenced in Houston to Prison for Human Smuggling
- Former Dallas Securities Broker Sentenced in Oklahoma to 84 Months in Prison for Role in Stock Manipulation Scheme
- Oregon Man Indicted for Alleged Role in $50 Million Securities Fraud Scheme
- Pennslyvania Inmate Sentenced to Life in Prison for Violent Murder of Fellow Inmate
- Former Construction Company Owner Indicted in Nevada for Income Tax Evasion
- Michigan Physician Pleads Guilty for Role in Medicare Fraud Scheme
- Medicare Fraud Strike Force Charges 89 Individuals for Approximately $223 Million in False Billing
- Community Mental Health Center Program Coordinator Sentenced to 70 Months for Role in $63 Million Fraud Scheme
- High Ranking Gulf Cartel Member Sentenced in Washington, D.C., to 35 Years in Prison for Drug Trafficking
- Anti-Corruption Portal of the Americas
- City of London Police
- Global Financial Integrity
- GRECO
- Organization for Economic Co-operation and Development
- Pacer (U.S. Court Documents)
- State Department Bureau of International Narcotics and Law Enforcement Affairs
- TRACE International
- Transparency International
- U.K. Courts
- U.K. Ministry of Justice
- U.K. Office of Fair Trading
- U.K. Serious Fraud Office
- U.S. Department of Justice
- U.S. Department of Justice FCPA Page
- U.S. Federal Bureau of Investigation
- U.S. House Committee on Oversight and Government Reform
- U.S. House Permanent Subcommittee on Investigations
- U.S. Internal Revenue Service Criminal Investigations
- U.S. Securities and Exchange Commission
- U.S. Securities and Exchange Commission Litigation Releases
- U.S. Senate Permanent Select Committee on Intelligence
- United Nations Convention Against Corruption
- World Bank Governance and Anti-Corruption
- World Economic Forum - Corruption Initiative