The former compliance director of an Indiana compounding pharmacy pleaded guilty Wednesday to introducing adulterated drugs into interstate commerce and then covering up the offenses by obstructing the Food and Drug Administration.
Search Results for: label/Lockheed – Page 5
During the third quarter, we counted Foreign Corrupt Practices Act enforcement actions involving nine individuals and five corporations. Among the developments: Three FCPA-related trials were completed, all ending badly for the defendants (Bourke, Jefferson and Green). For the first time, the SEC asserted control-person liability in an FCPA case (Faggioli and Huff). And the Justice […]
I have a great deal of respect for Martin Kenney’s efforts in taking fraudsters to task and recovering funds on behalf of their victims. However, I found his recent post for the FCPA Blog about the so-called Paradise Papers to be deeply misguided.
Will drug makers be the target of the next industry-wide Foreign Corrupt Practices Act investigation, following in the footsteps of the oil and gas services companies and orthopedic device makers? It’s possible. Their sales practices are in the news a lot these days. And amid the healthcare debate, drug-company behavior anywhere invites attention in Washington […]
A former saleswoman for medical device maker Acclarent was awarded $3.5 million as her share of an $18 million settlement of a whistleblower suit alleging false marketing claims.
We conducted research on 30 corporate corruption FCPA cases resulting from SEC investigations and sanctions over the last 15 years. The aim of this research was to uncover what negative features these organizations have in their cultures.
The Foreign Corrupt Practices Act doesn’t prohibit all payments to foreign officials. It’s not that broad. What it does prohibit are corrupt payments made to obtain or retain business. Which means the application of the law isn’t necessarily black and white. And that’s why, more than 30 years after the FCPA’s enactment, people still want […]
Job Title: Compliance Officer
Company: Bilfinger SE
Location: Mannheim, Germany
The Compliance Officer will lead efforts to promote compliance at all levels of Bilfinger and contribute to the continuous improvement of the compliance program and the underlying elements. She/he will support the business to implement and apply compliance-related policies, controls and procedures. The position holder will report to the Chief Compliance Officer and will be part of the global Compliance Leadership Team.
Bob Beamon’s long jump of 29 feet 2½ inches in Mexico City in the 1968 Olympics broke the world record by an astounding 21¾ inches. With that one jump Beamon became the first man to reach both 28 and 29 feet, and the word Beamonesque was born — meaning a spectacular event. We’d describe Siemens’ […]