Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
A pharmacist at a Kmart in Ohio was awarded $9.3 million for his lawsuit that alleged Kmart was overcharging government-sponsored insurance programs.
James Garbe worked at a Kmart pharmacy in Defiance, Ohio.… Continue Reading
The Treasury Department’s Financial Crimes Enforcement Network launched an information exchange program to help banks deal with financial threats.
FinCEN said earlier this month the exchange will work “in close coordination with law enforcement.”… Continue Reading
The former lawyer at Keppel Offshore & Marine whose FCPA guilty plea was unsealed last week was an American citizen who worked at the company in Singapore for more than 25 years.… Continue Reading
A Maryland-based telecommunications company said in a securities filing Friday that it has launched an internal investigation into potential violations of the Foreign Corrupt Practices Act.
Ciena Corporation said the investigation is to determine if certain payments “to an individual employed by a customer in a country in the ASEAN region” may have violated the FCPA and other laws.… Continue Reading
The DOJ last week imposed criminal penalties on Keppel Offshore & Marine Ltd. and its U.S. subsidiary of $422 million for paying bribes in Brazil. That’s the seventh biggest FCPA resolution ever.… Continue Reading
A former Siemens executive indicted by the DOJ in 2011 for bribing officials in Argentina pleaded not guilty in federal court in New York City Friday.
Eberhard Reichert, 78, a German citizen, was released on bond of $500,000.… Continue Reading
Job Title: Executive Director and International Counsel, Latin America
Employer: Alexion Pharmaceuticals Inc.
Location: Boston, Massachusetts USA
Description: This position is based at Alexion’s Global Headquarters in Boston, MA. and reports directly to Alexion’s Vice-President, Global Commercial and Regulatory Law based in Boston and indirectly to the Vice-President and Latin America Commercial Operations. … Continue Reading
Keppel Offshore & Marine Ltd. and its U.S. subsidiary agreed Friday to pay a total penalty of more than $422 million to resolve corruption charges with authorities in the United States, Brazil, and Singapore.… Continue Reading
The Financial Industry Regulatory Authority fined Raymond James $2 million for using a system that didn’t properly monitor or review employee emails.
From late 2007 to September 2017, Raymond James’ email review system was “flawed in significant respects,” FINRA said.… Continue Reading
The DOJ’s FCPA Pilot Program — giving companies declinations or reduced penalties if they self disclose, cooperate, and disgorge profits — has now been enshrined in the U.S. Attorneys’ Manual.… Continue Reading
A former sales executive of Embraer S.A. pleaded guilty Thursday in federal court in New York City for bribing a foreign official in exchange for help selling jets to Saudi Aramco.… Continue Reading
Switzerland’s financial regulator said Thursday that JPMorgan Chase & Co. seriously breached anti-money laundering regulations in its dealings with Malaysian sovereign wealth fund 1MDB.
The Swiss Financial Market Supervisory Authority or FINMA said JPMorgan also failed to manage PEP risks related 1MDB.… Continue Reading
