The Justice Department on Monday described BAE’s $400 million FCPA-related settlement as one of the biggest ever.
Here, by our reckoning, are the other big payouts:
Siemens’ $800 million resolution with the DOJ and SEC in December 2008 is the most expensive so far.
Kellogg Brown & Root and Halliburton settled their case last year for $579 million.
Then comes BAE’s $400 million payment.
Followed by Baker Hughes‘ 2007 price tag of $44.1 million.
Willbros paid $32.3 million last year.
Chevron’s violations related to the U.N.’s oil-for-food program cost it $30 million, also last year.
Titan Corporation held the record after it paid $28.5 million in 2005 for its FCPA settlement.
Vetco’s resolution cost it $26 million in 2007.
Lockheed paid $24.8 million in 1994, the biggest case of its time.
York International spent $22 million last year to end its enforcement action.
Statoil paid $21 million in 2006.
AGCO Corporation paid $19.9 million in 2009 to settle oil-for-food offenses.
AB Volvo’s 2008 case settled for $19.6 million.
Novo Nordisk A/S paid $18 million in 2009 to settle oil-for-food offenses.
ABB’s violations cost it $16.4 million in 2004.
Schnitzer Steel agreed to pay $15.2 million in 2006.
And Flowserve paid $10.5 million in 2009.
Several cases in the settlement pipeline, if they go as expected, will rank high on the list:
Technip said recently it has reserved €245 million (about $330 million) for a potential settlement of FCPA offenses with the DOJ and SEC for its role in the TSKJ Nigeria joint venture (see KRB / Halliburton above).
Daimler AG reportedly will pay around $200 million for its FCPA settlement.
Alcatel-Lucent said last month it will pay $137.4 million in a settlement that’s agreed in principle with the DOJ and SEC.
Pride International, Inc. said it has set aside $56.2 million for an expected settlement with both U.S. agencies.
And Innospec Inc. disclosed last month that it hopes to settle bribery charges related to the U.N.’s oil-for-food program with the DOJ, SEC and the U.K.’s Serious Fraud Office for between $28.8 million and $40.2 million.
Comments about this list and corrections to it are welcome.