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Entries in Restitution (7)

Thursday
May162013

Wal-Mart’s Victims Part VIII: So What Should We Do?

I’ve argued in this series that we should think of corruption generally, and bribery specifically, as violating human rights -- specifically the rights of the citizens of the countries in which bribery occurs. (And make no mistake, this includes  the U.S.).

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Monday
Jul232012

Peterson Has 'Limited Assets,' Morgan Stanley Waives Restitution

Garth Peterson's limited assets and potential obligations to Morgan Stanley might have prevented his global settlement with the DOJ and SEC.

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Thursday
Mar222012

Stanley Sends Big Check To KBR

Jack Stanley paid his former employer Kellogg, Brown & Root LLC $9.25 million last week as partial restitution for kickbacks he took when he ran the company.

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Thursday
Jun022011

Breaking News: ICE Loses 'Victim' Bid

At a hearing in federal court in Miami yesterday, Judge Marcia G. Cooke made a finding that Costa Rica's Instituto Costarricense de Electricidad S.A. (ICE) was not a victim of Alcatel-Lucent's bribery, and not entitled to restitution.

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Wednesday
May252011

Feds Fire Back At ICE

The DOJ and Alcatel-Lucent this week responded to the petition filed by Costa Rica's Instituto Costarricense de Electricidad, S.A. (ICE) for victim's status and restitution.

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Wednesday
May252011

Under The FCPA, Where Are Victim’s Rights?

As readers of the FCPA Blog know, the past few years have seen a dramatic rise in FCPA prosecutions. In 2010 alone, companies settling FCPA-related charges paid $1.8 billion in monetary penalties, nearly tripling the $641 million paid in 2009.

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Thursday
May052011

Costa Rican 'Victim' Objects To Alcatel-Lucent Settlement

A government-owned company that awarded Alcatel-Lucent more than $300 in bribe-tainted contracts has asked a federal court in Florida to block Alcatel's FCPA settlement with the U.S. government, saying the terms violate a federal victim's rights law.

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