The Securities and Exchange Commission Wednesday said an Atlanta-based building products distributor violated securities laws by using severance agreements that required departing employees to waive their rights to recover money from any whistleblower claims they filed with the SEC or other federal agencies.… Continue Reading
The Queen’s former deputy property manager was convicted Tuesday of taking bribes and kickbacks to award contracts and push for a Royal Warrant.
Ronald Harper, 63, a senior member of the Royal Household staff, was convicted at Southwark Crown Court in London of conspiracy to take corrupt payments.… Continue Reading
Zimmer Biomet Holdings Inc. said in a securities filing Monday “it is probable that Biomet will incur additional liabilities related to” DOJ and SEC investigations of FCPA violations that occurred after Biomet’s FCPA settlement in 2012 and during its deferred prosecution agreement.… Continue Reading
South Korea has adopted the Foreign Bribery Prevention in International Business Transactions Act (FBPA), pursuant to its adherence to the Organization for Economic Co-operation and Development (OECD) Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.… Continue Reading