The lawsuit alleged that the drilling company’s board of directors failed to prevent FCPA violations.
Numerous shareholder derivative suits are pending related to FCPA investigations as investors look for damages and payment for attorneys’ fees. Recent settlements haven’t paid big prizes.
In April 2011, three separate federal lawsuits were filed against leadership of Las Vegas Sands Corp. These suits were consolidated Aug. 25 in Nevada federal court with Dallas-based Kendall Law Group LLP as lead counsel. Joe Kendall and other lawyers from the firm represent clients in an unrelated shareholder suit involving Weatherford International in Houston.
Las [...]
The discount off the low-end of the Federal Sentencing Guidelines fine range reflected the company’s self-disclosure of bribery violations, its beefed-up compliance program and cooperation with prosecutors.
The Houston-based oil driller said in a May 2008 regulatory filing that it became a target in pending enforcement investigations by the SEC and DOJ. The company hired former SEC enforcement lawyer Tom Hanusik of Crowell & Moring LLP in Washington, D.C., to investigate.
Pride International Inc., one of more than a dozen oil and gas-related companies that used logistics intermediary Panalpina World Transport Ltd. to bribe customs agents in Nigeria and elsewhere, allegedly paid more than $4 million in bribes and kickbacks from 2001 to 2006.
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.
ERNST & YOUNG LLP's BRIAN LOUGHMAN ON TRENDS IN GLOBAL FORENSIC ACCOUNTING: Loughman, the Americas leader of Fraud Investigation & Dispute Services, discusses how increased government enforcement, awareness of corruption risk and an emphasis on proactive compliance assessments by corporations is driving double-digit growth in the New York-based practice he leads.
FCPA TRIAL FIRM OF THE YEAR: Finalists are announced in Main Justice's 2013 Best FCPA Lawyer Client Service Awards category, Trial Firm of the Year. The diamond award went to Eric Bruce and Matt Menchel of Kobre & Kim LLP for their defense of two FCPA sting trial defendants.
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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- Acting Assistant Attorney General Mythili Raman Delivers Keynote Address at the Global Anti-Corruption Congress
- Owner of Louisiana-based Health Care Company Sentenced in Texas to 97 Months in Prison in Connection with $6.7 Million Medicare Fraud Scheme
- Former University Professor Charged in California with Engaging in Sexual Conduct with Minors and Producing Child Pornography
- Axius CEO Roland Kaufmann Sentenced for Conspiracy to Pay Bribes in Stock Sales
- Former Security Contractor Executives Sentenced for Illegally Obtaining More Than $31 Million Intended for Disadvantaged Small Businesses
- Philadelphia Drug Kingpin Sentenced to Death, Co-defendant to Face Life in Prison
- Philadelphia La Cosa Nostra Associate Pleads Guilty to Loan Sharking
- County Commissioner Sentenced for Attempted Extortion and Bribery
- Managing Partner of U.S. Broker-Dealer Charged in Manhattan Federal Court with Participating in Massive International Bribery Scheme
- Former Chief Executive of Mortgage Servicing Company Pleads Guilty to Bank Fraud for Scheme to Withhold Funds from Wells Fargo Bank
- 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
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- U.S. Securities and Exchange Commission Litigation Releases
- U.S. Senate Permanent Select Committee on Intelligence
- United Nations Convention Against Corruption
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- World Economic Forum - Corruption Initiative