By Jeffrey M. Kaplan and Rebecca Walker
Do you have a charter or similar document for your compliance program? Approximately 83% of the companies responding to date to the anti-corruption compliance program benchmarking survey we are conducting with the FCPA Blog do.… Continue Reading
Just three directors and three employees out of 16,000 personnel at Costa Rica’s Instituto Costarricense de Electricidad, S.A. (ICE) benefited from Alcatel-Lucent’s bribery, ICE said in a filing this weekend.… Continue Reading
Of the 150 or so law schools then, at least a half dozen had more than 500 enrollees, and many of the young hopefuls across the country were taking on alarming amounts of debt in exchange for a hoped-for law degree.… Continue Reading
Something important happened here on Monday.
The SEC’s adoption of the final whistleblower reward and protection rules yesterday will make a few squealers and their lawyers rich. But what about the real cost?
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.
The DOJ’s filing opened with references to ICE’s “vitriolic allegations and false accusations questioning the motives, competence, and conduct” of the DOJ and SEC.… Continue Reading
By Jordan Maglich
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.… Continue Reading
By Michael Volkov
At a recent ABA event on Capitol Hill, Sam Ramer, a House Judiciary Committee Staffer, announced that the House Judiciary Committee was planning an oversight hearing on the Justice Department’s enforcement of the Foreign Corrupt Practices Act.… Continue Reading