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« But Is It Right? | Main | Financial Reform School »
Tuesday
Jul202010

The FCPA's Top Ten

DateTuesday, July 20, 2010 at 8:28AM

Here are the top ten FCPA settlements of all time. If our math is right, the financial penalties (criminal fines, civil disgorgement, and prejudgment interest) add up to $2.8 billion, with almost 50% of that coming from the top two settlements. Five of the top six involve non-U.S. companies. The oldest case on the list is Titan Corporation's from 2005; the newest is Snamprogetti / ENI's from July 7, 2010.

They are:

1. Siemens: $800 million in 2008.

2. KBR / Halliburton: $579 million in 2009.

3. BAE: $400 million in 2010.

4. Snamprogetti Netherlands B.V. / ENI S.p.A: $365 million in 2010.

5. Technip S.A.: $338 million in 2010.

6. Daimler AG: $185 million in 2010.

7. Baker Hughes: $44.1 million in 2007.

8. Willbros: $32.3 million in 2008.

9. Chevron: $30 million in 2007.

10. Titan Corporation: $28.5 million in 2005.

Editor's note: This post was updated here.

AuthorThe FCPA Blog | CommentPost a Comment | Reference2 References | Print ArticlePrint Article
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References (2)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Response: What to Watch Now in the World of D&O
    at The D & O Diary on September 8, 2010
    Every fall since I first started writing this blog, I have assembled a list of the current hot topics in the world of directors’ and officers’ liability. This year’s list is set out below. As should be obvious, there is...
  • Response
    Response: The Top Ten D&O Stories of 2010
    at The D & O Diary on January 5, 2011
    2010 was an eventful year in the world of D&O liability. Congress passed massive financial reform legislation, the Supreme Court issued landmark decisions in important cases and numerous claims emerged as litigation landscape continued to evolve. With so much going...

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