Search

Editors

Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Legg Mason (6)

Tuesday
Sep252018

15 companies disclose new FCPA investigations

So far in 2018, 15 companies have disclosed new FCPA-related investigations. That means the pace of disclosure has slowed from the past couple of years.

Click to read more ...

Tuesday
Sep182018

Scott Shaffer: Due diligence isn't nice to have, it's a must have

After reviewing the FCPA Blog's post, “When do issuers disclose their FCPA problems?” which focused  on the seven resolved FCPA cases during the first half of 2018, I also examined each of the enforcement actions with a specific goal of determining the impact of due diligence in these cases.

Click to read more ...

Monday
Aug272018

SEC completes Legg Mason FCPA enforcement action

The Securities and Exchange Commission issued an administrative order Monday that completed the feds' earlier $64 million FCPA enforcement action against investment manager Legg Mason Inc.

Click to read more ...

Monday
Jun042018

Legg Mason resolves Libya-related FCPA charges for $64 million

Legg Mason Inc., a Maryland-based investment management firm, settled FCPA violations in Libya caused by its partner Société Générale S.A., by agreeing Monday to pay $64.2 million in penalties and disgorgement.

Click to read more ...

Monday
Jun042018

SocGen pays $585 million to resolve Libya FCPA offenses

In the first coordinated enforcement action by the DOJ and French authorities in an overseas corruption case, a Paris-based bank agreed Monday to settle charges that it paid over $90 million in bribes to officials in Libya during the Qaddafi regime.

Click to read more ...

Thursday
May312018

Legg Mason reserves $67 million for FCPA settlement

Fund manager Legg Mason, Inc. said Wednesday it expects a settlement soon of a Foreign Corrupt Practices Act investigation into a unit that managed money for the Libyan government.

Click to read more ...