Leslie Caldwell, chief of the DOJ's criminal division, talked at last week's Annual Ethics and Compliance Conference in Atlanta. She covered the ten hallmarks of an effective compliance program and cooperation with the DOJ in FCPA and other white-collar investigations. Her examples of good and bad corporate behavior came from real life.
Entries in Alcoa World Alumina LLC (6)
Acting Assistant Attorney General Mythili Raman of the Department of Justice's Criminal Division announced on Wednesday that she is leaving the agency, effective as of March 21, 2014.
Avon Products Inc. said it could pay as much as $132 million to settle an ongoing investigation into whether it paid bribes in China and other countries in exchange for government permits it needed to open new markets.
A unit of Alcoa agreed to plead guilty Thursday in the Western District of Pennsylvania to one count of violating the anti-bribery provisions of the FCPA with a 2004 corrupt transaction. Alcoa World Alumina LLC, a majority-owned subsidiary, will pay a criminal fine of $209 million and forfeit $14 million to settle the DOJ’s charges. Alcoa Inc., the corporate parent, also agreed to resolve civil charges brought by the Securities and Exchange Commission by disgorging $161 million.