The telecom company is under investigation in Sweden over allegations of bribery in Uzbekistan.
The case continues litigation by foreign bribery defendants this year focusing on U.S. jurisdiction over foreign nationals and could help define the reach of the Foreign Corrupt Practices Act for conduct in companies operating almost entirely outside the United States.
The civil penalty may turn out to be the marquee achievement of the government’s pursuit of individuals in the Siemens case.
A European version of the Dodd-Frank oil-and-gas transparency rule takes a step toward becoming reality.
Six years after its offices were searched in Poland, the Dutch electronics maker Philips resolves the SEC’s foreign bribery allegations for $4.5 million.
The company reportedly received a subpoena from the U.S. government last month.
ISS is the latest U.S. company in the cross hairs of Poland’s aggressive anti-corruption enforcers, who are helping churn up possible FCPA issues.
The Czech Republic fares better than Denmark in an OECD assessment of foreign bribery regimes.
The company is reportedly under investigation for relationships and alleged conduct in China, Romania and Italy.
Analogic has yet to disclose any settlement talks with U.S. authorities but its legal costs recently reversed a downward trend.
Two cooperating defendants at the California valve company Control Components Inc. were shown comparative leniency today as a federal judge imposed sentences of three years’ probation and three month’s home confinement for their roles in the company’s widespread foreign bribery.
Richard Morlok, the company’s former finance director, was also ordered to pay a $5,000 fine and [...]
Defendant has already served 11 months in the United States prior to sentencing.
A 2001 superseding indictment that charged Murphy with foreign bribery gave rise in 2004 to a key circuit court ruling which helped define the category of “foreign officials” subject to bribery prohibition under the Foreign Corrupt Practices Act.
CCI’s Former Finance Director Richard Morlok was an early whistleblower who made the government’s entire case possible, defense lawyers say.
Members of the Riga City Council are said to be implicated in the latest embarrassment for the German company.
THE PAST AND FUTURE FOR CORPORATE PROSECUTIONS: Orrick partner Michael Madigan discusses his successful defense in 2006 of the former chairman of KPMG’s Tax Department, which led to reduced leverage for prosecutors in pursuing corporation prosecutions.