New List: The FCPA Top 40
Richard L. Cassin
December 12, 2019
Here’s the FCPA Blog’s list of the 40 biggest Foreign Corrupt Practices Act resolutions of all time.… Continue Reading
Editors
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
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
Bill Steinman
Contributing Editor
Ericsson’s FCPA disgorgement is second biggest. But is it legal?
Richard L. Cassin
December 10, 2019
Last week’s $1.06 billion blockbuster resolution by Sweden’s Ericsson included disgorgement to the SEC of $540 million. By our count that’s the second biggest disgorgement ever ordered in an FCPA enforcement action.… Continue Reading
Ericsson jolts the FCPA top ten list
Richard L. Cassin
December 9, 2019
Stockholm-based Ericsson cracked our top ten list Friday with a $1 billion mega-settlement that landed at number two.… Continue Reading
Ericsson pays $1 billion to resolve FCPA violations
Richard L. Cassin
December 6, 2019
Swedish telecom Ericsson agreed Friday to pay the DOJ and SEC over $1 billion in one of the biggest Foreign Corrupt Practices Act enforcement actions ever.… Continue Reading
U.S. Bank Regulators: Hemp growers aren’t always ‘suspicious’
Richard L. Cassin
December 4, 2019
Four federal agencies and state bank regulators said Tuesday that banks are no longer required to file suspicious activity reports for customers solely because they’re growing and cultivating hemp.… Continue Reading
Trending: Juries convict six FCPA defendants in rare trials
Richard L. Cassin
December 3, 2019
FCPA-related jury trials are rare. In some years there might be one but in many years there are none. This year, however, there were three, ending in convictions of four defendants.… Continue Reading
UK Enforcement: Alstom unit fined $21 million for overseas bribes
Richard L. Cassin
November 26, 2019
The SFO’s decade-long investigation of Paris-based Alstom ended Monday with the sentencing of a UK subsidiary for bribery in Tunisia.… Continue Reading
OFAC: Apple’s faulty screening caused 47 sanctions violations
Richard L. Cassin
November 25, 2019
Apple, Inc. agreed Monday to pay $467,000 to settle violations of the Foreign Narcotics Kingpin Sanctions Regulations after its screening tool failed to detect a sanctioned company and its owner.… Continue Reading
Jury convicts Mark Lambert on FCPA and related charges
Richard L. Cassin
November 25, 2019
The former president of a Maryland-based transportation company was convicted Friday of bribing a Russian official in exchange for contracts to deliver nuclear materials to customers in the United States.… Continue Reading
Samsung Heavy Industries pays $75 million to resolve FCPA offenses
Richard L. Cassin
November 25, 2019
One of the world’s biggest shipbuilders agreed Friday to pay $75 million in total penalties to resolve criminal FCPA offenses in Brazil.… Continue Reading
Former Braskem CEO charged with FCPA and money laundering conspiracies
Richard L. Cassin
November 21, 2019
The DOJ unsealed an indictment Wednesday charging the former chief executive officer of Braskem S.A. with helping his company and Odebrecht S.A. amass a giant slush fund and use it to bribe officials and political parties in Brazil.… Continue Reading
Will ‘civilized states’ end the scourge of Red Notices?
Richard L. Cassin
November 19, 2019
Interpol has 194 member countries. They can all request Red Notices and most of them have. How is it then that just one member — Russia — is behind more than a third of all currently public Red Notices?… Continue Reading