[…] going the way of the dodo in commercial newrooms across America. One story ProPublica is now chasing is the guilty plea a few days ago by Albert “Jack” Stanley, the former chairman and CEO of KBR. He admitted violating the Foreign Corrupt Practices Act by helping arrange and hide more than $182 million in […]
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The Justice Department said today that Albert “Jack” Stanley, 65, a former chairman and CEO of KBR, the global engineering and construction firm based in Houston, pleaded guilty to a two-count criminal information charging him with conspiracy to violate the Foreign Corrupt Practices Act and conspiracy to commit mail and wire fraud. He appeared […]
Albert Jack Stanley (Credit PBS’s Frontline)A federal judge in Houston last week postponed sentencing for Albert “Jack” Stanley until September 23, 2010. The former chairman and CEO of KBR pleaded guilty in September 2008 to a two-count criminal information charging him with conspiracy to violate the Foreign Corrupt Practices Act and to commit mail […]
Garth Peterson’s limited assets and potential obligations to Morgan Stanley might have prevented his global settlement with the DOJ and SEC.
The biggest FCPA enforcement action in history came to a close today with the sentencing of the mastermind behind the $182 million bribery scheme. Albert ‘Jack’ Stanley, left, was ordered by Judge Keith B. Ellison to serve 30 months in prison and three years probation following his release. Stanley, 69, was formerly KBR’s chairman […]