Privately-held Lindsey Manufacturing is the only corporation to ever face a full jury trial for alleged FCPA offenses.
Entries in Respondeat Superior (54)
President Elect Trump’s pick to lead the SEC is Jay Clayton. He wrote in a 2011 NYC Bar Association paper about the FCPA. The paper addressed the “lasting harm to the competitiveness of U.S. regulated companies” due to the “current anti-bribery regime.”
Last week, the British Labour Party, the main opposition party, published a policy review called 'Tackling Serious Fraud and White Collar Crime.'
The criminal liability of corporations is an essential part of the fight against foreign bribery. Yet not every legal system views this area of law in the same way, and not everyone agrees on the best approach.
The DOJ and SEC today released a 120-page FCPA resource guide.
Enforcement is a greater deterrent, in my opinion, if directed at both corporations and individuals.
The extra-territorial reach of the FCPA and its impact are perhaps no better evidenced than by the colossal fines paid by Siemens in 2008.
Last week, Assistant AG Lanny A. Breuer, left, head of the DOJ's criminal division, talked about the use and benefits of deferred prosecution agreements in corporate enforcement actions.