Shorter clock on SEC’s FCPA enforcement actions

Last week, in the case Gabelli v. SEC, the U.S. Supreme Court unanimously held that the Securities and Exchange Commission, when seeking a penalty or fine in connection with a civil enforcement action, must file the action within five years of the completion of the alleged fraud or wrongful conduct.

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Magyar Telekom execs lose motion to dismiss

A federal district court in New York City issued an order Friday denying a motion to dismiss a civil FCPA enforcement action against three executives of Magyar Telekom Plc.

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SEC case against Noble execs survives motion to dismiss

The SEC got the green light this week from a federal judge to charge two former Noble executives with FCPA-related offenses they committed after February 2007.

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SEC has no jurisdiction over me, Steffen says

A German citizen who once ran Siemens' subsidiary in Argentina said in a court filing last week that the U.S. Securities and Exchange Commission has no jurisdiction over him and its civil complaint should be dismissed.

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Avon keeps no secrets from the feds

In its disclosure yesterday, Avon provided a glimpse into what it means to be cooperating with the DOJ and SEC.

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From Siemens 8, Sharef settles with SEC, Steffen fights

A former Siemens executive charged by the SEC with violating the Foreign Corrupt Practices Act has reached agreement in principle to settle his case.

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The FCPA's Long Shadow

How long should the DOJ and SEC keep self reporting companies on the hook?

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Walmart's Stitch In Time

Here's a comment from Alexander Sierck, the lawyer for SERAP, about a different subject:

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Walmart And The Statute Of Limitations

How long is the statute of limitations for FCPA offenses?

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O'Shea: Feds Flubbed Statute of Limitations

Last week, John O'Shea asked a federal court in Houston to dismiss the FCPA case against him. He said the government didn't indict him within the statute of limitations period.

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