Harnisch, a former branch chief at the Enforcement Division of the Securities and Exchange Commission, will head the firm’s SEC enforcement practice in its Washington, D.C., office.
Hines launched an internal investigation into its dealings with the Brazilian state-controlled oil company after Brazilian media reported corruption allegations in July.
According to reports, the new guidelines lay out the circumstances under which a company will be required to plead guilty to Foreign Corrupt Practices Act violations.
Several attorneys told GIR Just Anti-Corruption that the “all-or-nothing” nature of cooperation in the memo may coerce companies into implicating employees.
U.S. District Judge John Gleeson called for additional arguments over making a critical monitor report in HSBC’s ongoing deferred-prosecution agreement public after a purported whistleblower filed a request to unseal the document.
The claims management company said it had spent $3.4 million on legal and professional fees related to its investigation into potential Foreign Corrupt Practices Act violations.
The trial of former Alstom SA executive Lawrence Hoskins, who is charged with violating the Foreign Corrupt Practices Act, will now begin on April 18, 2016, and run through May 6, 2016.
The requests, sent to courts in France, South Korea, England, Italy, and the Netherlands, target seven companies who are allegedly involved in the Petrobras bribe scheme.
Harnisch, a former branch chief at the Enforcement Division of the Securities and Exchange Commission, will be the head of the firm’s SEC enforcement practice in its Washington, D.C., office.
Thai prosecutors in August charged former Tourism Authority of Thailand governor and her daughter with taking $1.67 million in bribes from American filmmakers between 2002 and 2007, after declining to extradite the two to the U.S.
The move comes in a case believed to be among the first few Foreign Corrupt Practices Act-related putative class-action lawsuits that have reached this stage of litigation.
The lawsuit alleges that VimpelCom lied in its Securities and Exchange Commission filings to cover up a massive bribery scheme in Uzbekistan.
The technology company had previously argued that a regulatory filing by the Mexican state-owned oil company had discredited the lawsuit.
Stellmach and Brockmeyer were joined by Shearman & Sterling partner Claudius Sokenu and Ropes & Gray partner Robert Rice, in a Foreign Corrupt Practices Act enforcement panel moderated by Morrison & Foerster partner James Koukios.
The monitor, imposed as a result of the company’s 2014 Foreign Corrupt Practices Act settlement with the Justice Department, began work at Avon in July 2015.