Wal-Mart busts its FCPA budget
Richard L. Cassin |
Thursday, May 16, 2013 at 3:18PM
Wal-Mart said Thursday it spent $73 million on FCPA-related expenses during the first quarter of 2013. It had budgeted $40 million to $45 million.
Richard L. Cassin Publisher and Editor
Jessica Tillipman Senior Editor
Elizabeth K. Spahn Contributing Editor
Eric Carlson Contributing Editor
Benjamin Kessler Contributing Editor
Michael Kuria Contributing Editor
Thomas Fox Contributing Editor
Philip Fitzgerald Contributing Editor
Marc Alain Bohn Contributing Editor
Michael Scher Contributing Editor
Bill Waite Contributing Editor
Shruti J. Shah Contributing Editor
Dr. Henry Wong Contributing Editor
Russell A. Stamets Contributing Editor
Mark R. Friedman Contributing Editor
Andrew Reichardt Editorial Intern
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Richard L. Cassin |
Thursday, May 16, 2013 at 3:18PM
Wal-Mart said Thursday it spent $73 million on FCPA-related expenses during the first quarter of 2013. It had budgeted $40 million to $45 million.
Andy Spalding |
Monday, May 13, 2013 at 2:18AM
After a brief end-of-the-semester hiatus we’re picking back up our series on Wal-Mart’s victims. And we’re less than half-way through.
Andy Spalding |
Monday, April 22, 2013 at 3:28AM
Thursday’s landmark Supreme Court decision in Kiobel v. Royal Dutch Petroleum has more relevance to the FCPA and Wal-Mart than you might think.
Andy Spalding |
Tuesday, April 16, 2013 at 2:28AM
The Siemens enforcement action is a powerful example of what FCPA enforcement is today . . . and what it is not.
Richard L. Cassin |
Monday, April 15, 2013 at 10:38PM
David Barstow and Alejandra Xanic von Bertrab of the New York Times were awarded the Pulitzer Prize Monday for their investigation of Wal-Mart's alleged bribery in Mexico and the cover up that followed.
Andy Spalding |
Monday, April 15, 2013 at 2:28AM
It’s probably fair to say that the corporate poster child of FCPA enforcement, right now, is Siemens. But that’s about to change.
Richard L. Cassin |
Friday, April 5, 2013 at 6:40PM
Four former executives of BizJet International Sales and Support Inc., the U.S.-based subsidiary of Lufthansa Technik AG, were charged in a criminal indictment unsealed Friday for their alleged participation in a scheme to pay bribes to government officials in Latin America.
Richard L. Cassin |
Wednesday, March 27, 2013 at 1:50PM
Wal-Mart said in its annual report filed with the SEC Tuesday that because of uncertain outcomes of U.S. and foreign government bribery investigations and civil suits filed by shareholders, it 'can provide no assurance that these matters will not be material' to its business in the future.
Richard L. Cassin |
Thursday, March 7, 2013 at 9:51AM
Oil and gas services firm Tesco Corporation said this week the SEC asked it to 'preserve and retain' documents related to FCPA compliance and its use of commercial agents in an undisclosed country.
Richard L. Cassin |
Thursday, February 28, 2013 at 2:08PM
The biggest operator of shopping malls in the United States said it received a subpoena from the SEC in connection with the ongoing FCPA investigation of Wal-Mart.