Responding to our post about Jeffrey Tesler's court appearance in Houston earlier this year to plead guilty to conspiracy to violate the Foreign Corrupt Practices Act and a substantive FCPA count, a reader sent a startling note.
Entries in Technip (60)
Here's a list of fines paid overseas for bribery by companies that have settled FCPA enforcement actions.
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…
Last week, Judge Keith P. Ellison signed Jack Stanley's latest sentencing delay (the eleventh by our count).
What law firms and lawyers represented the companies from our list of the top ten corproate FCPA settlements of all time?
In February, Tyson Foods settled FCPA offenses with the DOJ and the SEC for $5.2 million. The offenses related to illegal payments by company representatives to government-employed inspection veterinarians in Mexico, and a cover-up of the payments.
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.
For the tenth time, Jack Stanley's final sentencing has been delayed, this time until June 23.
Japan-based construction firm JGC Corporation -- the last of four partners who together paid $180 million in bribes to Nigerian officials -- will pay a $218.8 million criminal penalty to resolve FCPA-related charges.
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.