The Securities and Exchange Commission awarded $17 million to a whistleblower Thursday, the second biggest payment since its whistleblower program began nearly five years ago.
The IRS recently released an internal Chief Counsel Advice Memorandum that said Section 162(f) of the Tax Code prohibited an FCPA defendant from deducting the disgorged amount.
According to the SEC complaint, a subsidiary of a U.S.… Continue Reading
Brazilian aircraft maker Embraer SA said in an SEC filing Friday that Frederico Curado will step down as chief executive officer after leading the company for nine years.
Paulo Cesar de Souza e Silva, currently chief of Embraer’s commercial aviation business, will take over next month from the 55-year-old Curado, the company said.… Continue Reading
Historians may look back on 2016 as the year when the global anti-corruption movement took political center stage. Every day, we taste corruption’s bitter fruit in the form of instability, violence and a corrosion of trust that spans from government to sport.… Continue Reading