Government officials are putting new emphasis on a company’s efforts to cooperate in the investigation and prosecution of culpable individuals.
The Securities and Exchange Commission said it accepted the company’s settlement offer because of its “high level” of cooperation investigating misconduct in Africa and Australia.
The Avon plaintiffs attempt to bolster allegations that executives at the New York-based cosmetics corporation knowingly violated the Foreign Corrupt Practices Act.
Although FinCEN handles investigations and settlements with other more traditional regulators and law enforcement agencies, it occasionally acts on its own and against enterprises other than banks.
Exposure to potential violations of US law can arise from a number of circumstances, and it is more critical than ever to identify and mitigate those risks.
In stark contrast with the position of other components of the U.S. Department of Justice, U.S. antitrust enforcers delivered the message that they will not consider a company’s pre-existing compliance program as a basis for a reduction in punishment for a cartel offense.
Novartis has an ongoing internal investigation into bribery allegations in China.
But Chancellor Andre G. Bouchard ruled that Wal-Mart will have to supply a privilege log of the 2011 documents to comply with a books and records demand regarding its alleged Mexican bribery and cover-up.
Receiving a subpoena or a federal grand jury “target letter” in connection with an FCA or FCPA investigation is likely to prompt a company to ask a multitude of questions, not the least of which is: “Does our insurance cover this?”
A timely reminder of the importance of having an effective compliance program that is up- to-date and fully implemented, as well as the dire consequences of failing to maintain such a program.
John P. Gavin’s startup Probes Reporter specializes in Freedom of Information Act requests for SEC information.
Joseph Sigelman’s attorneys have claimed the government improperly interacted with an alleged bribe recipient.
GSK is probing payments in numerous countries and facing a number of corruption investigations.
Shell argues a Texas circuit court ruling could undermine government-corporation cooperation on FCPA cases.
Marshall L. Miller spoke about the FCPA and Weatherford’s settlement at the conference.
President Obama announces Loretta Lynch as nominee for Attorney General.