Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

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 Och-Ziff (21)

Friday
Jun082018

Hating on the FCPA won't make it go away

The lawyer from Europe was quick to tell us what she thinks of the FCPA. "It's really just a weapon against non-U.S. companies," she said. "Very bad."

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 ...

Thursday
Jan042018

More Och-Ziff fallout: FCPA defendant Michael Cohen indicted for fraud

A former hedge fund highflier charged last year with civil FCPA violations is now indicted for defrauding a big charitable foundation by hiding his conflicts of interest in a multi-million dollar investment deal.

Click to read more ...

Tuesday
Jun132017

Richard Bistrong: I wanted to go home, the judge wanted me in jail

A few weeks ago, I read about an “exasperated federal judge” at the sentencing of Samuel Mebiame, the 43-year-old son of the former prime minister of Gabon, who was an intermediary for Och-Ziff. 

Click to read more ...

Tuesday
Jun062017

Supreme Court limits SEC disgorgement power

The U.S. Supreme Court Monday ruled 9-0 to limit the Securities and Exchange Commission's legal authority to recover ill-gotten profits from defendants.

Click to read more ...

Thursday
Jun012017

Former Och-Ziff middleman jailed two years

The son of a former Prime Minister of Gabon was sentenced Wednesday to two years in prison for conspiring to violate the Foreign Corrupt Practices Act by bribing government officials in Africa.

Click to read more ...

Tuesday
Apr252017

Resource Alert: New guidance on corruption red flags in oil, gas and mining deals 

An oil and gas or mining company can avoid all kinds of reputational and legal challenges by swearing off deals with certain corruption warning signs. This month’s developments in an evolving scandal might have Royal Dutch Shell wishing it had done so.

Click to read more ...

Monday
Dec122016

Och-Ziff middleman pleads guilty to Africa bribes

The son of a former Prime Minister of Gabon pleaded guilty in federal court Friday to conspiring to violate the Foreign Corrupt Practices Act by bribing government officials in Africa.

Click to read more ...

Friday
Oct282016

Och-Ziff and Embraer join our Top Ten Disgorgement List

Two recent enforcement actions included disgorgements to the SEC that are among the ten biggest FCPA disgorgments of all time.

Click to read more ...

Tuesday
Oct042016

Och-Ziff takes fourth spot on our new Top Ten list

Last week's $412 million enforcement action against Och-Ziff Capital Management Group landed fourth on our list of the ten biggest FCPA cases of all time.

Click to read more ...