With sales growth slowing, Wal-Mart discloses rising legal costs that continue to quicken in pace over last year.
The IT services provider Juniper Networks says the DOJ and SEC are investigating possible foreign bribery but gives few details.
Five years after uncovering potentially corrupt payments in Russia, the struggling vault, ATM and voting machine maker says it has reached a tentative agreement with U.S. enforcers.
Judge Elizabeth Gonzalez says Steve Wynn and Kazuo Okada must hold off for another six months while the DOJ gathers evidence.
Chinese officials on Monday released new details of their bribery allegations against GlaxoSmithKline PLC and said that four executives have been detained, intensifying a probe into the drug maker.
The SEC’s Salt Lake Regional Office tells Wynn Resorts its investigation is over and no action will be taken over a donation in Macau.
U.K. drug maker GlaxoSmithKline PLC is investigating allegations that sales personnel in China rewarded doctors with cash and perks for prescribing Botox, and allegedly tried to cover their tracks by using private email, as part of a broader probe into allegations of bribery that date back several years.
U.S. Dodd-Frank protections don’t extend to a whistleblower in China making bribery allegations against a German engineering company, lawyers for Siemens argued.
The World Bank’s external panel of experts in their final report has not made any final assessment of the probe into the Padma Bridge corruption conspiracy, saying it will have to wait until the end of the Anti-Corruption Commission’s investigation to say whether it was “full and fair.”
EXCLUSIVE: It isn’t just Hollywood — the SEC is also examining music companies’ dealings in China, where the staging of concerts and the selling of ringtones may have run afoul of the Foreign Corrupt Practices Act.
The former director said he acted in good faith and did not harm Wynn.
Discovery has been stayed in a related civil suit.
After presenting the internal probe’s findings to the U.S., the Minnesota company said it could not predict any outcome.
William Pomponi, a former sales executive at a Connecticut subsidiary of Alstom, is the third individual to face foreign bribery charges over a power project in Indonesia.
Wynn Resorts Ltd. asserts that it had scant details on suspicious business deals by former director Kazuo Okada until a 2011 investigation by Arkin Group LLC.
STEPTOE & JOHNSON LLP's JASON WEINSTEIN ON CYBERSECURITY: As a Deputy Assistant Attorney General, Weinstein oversaw the Criminal Division's Computer Crime and Intellectual Property Section. He now advises corporations grappling with the complex legal issues they face from hackers and data breaches.