As part of its $398 million settlement Wednesday, Total S.A. agreed with the SEC to disgorge $153 million of profit made from its bribery in Iran. That's the second biggest disgorgement in FCPA history.
Entries in Pride International (25)
The DOJ agreed last week to end Pride International's deferred prosecution agreement a year early to reward the company for its enhanced compliance efforts.
Since we first listed the top ten FCPA disgorgements a year ago, two new companies joined the list -- Johnson & Johnson and Magyar Telekom. They replaced GE and Baker Hughes.
The SEC's Office of the Whistleblower (yes, it's real) published its first list of enforcement actions that might be eligible for whistleblower rewards. It includes FCPA-related cases.
The penalty for paying bribes in Nigeria may increase following demands from a Nigerian NGO that the Nigerian government seek its share of the recent anti-graft bounty. Maybe…
With yesterday's $218.8 million criminal fine, JGC joins the top ten FCPA cases of all time. Nine now involved non-U.S. companies, and the oldest -- Siemens from December 2008 -- is still the biggest.
There's been a lot of talk lately about the DOJ's "expansive enforcement practices," and practically none about the SEC's. So let's get started by taking a look at a remedy the SEC uses in most FCPA cases: disgorgement.
n the top ten FCPA settlements of all time, eight are now from 2010 and eight also involve non-U.S. companies.
Why did one company escape prosecution in the Panalpina case when most of its peers did not? Here's the story.
With Panalpina, Pride, and Shell joining the top ten FCPA settlements of all time, there are now eight foreign companies on the list.