Search Results for: label/Private Right of Action – Page 3
[…] year. As the AmLaw’s Litigation Daily put it, the defendants are accused of “everything from overbilling to human trafficking to covering up a gang rape.”
There’s no private right of action under the FCPA so private litigants seeking relief have to resort to other causes of action — such as common law fraud, RICO, securities […]
Corruption has long been recognized as one of the most significant barriers to socio-economic growth worldwide, with the developing world being particularly hard hit. The situation has only become worse as a result of the coronavirus crisis. These facts underscore the need for all institutions – government, business, civil society, and multilateral organizations – to […]
more, level the playing field for those involved.
Metals technology industry leaders announce their participation in Anti-Corruption Collective Action Initiative
The three leading companies in the metals technology industry — Danieli & C. Officine Meccaniche SpA, Primetals Technologies Limited, and SMS GmbH — have announced their participation in a sector-specific Collective Action Initiative in which they exchange best practice and knowledge in anti-corruption compliance and related developments within their […]
A recent scandal at a major Chinese public hospital revealed that many of the public hospitals across the country outsource their medical services to private companies and employ doctors as independent contractors. That could raise doubts about some public hospital doctors in China being “foreign officials” under the […]
David J. Marshall: SEC breaks new ground, bans employer-imposed waiver of right to whistleblower award
The Securities and Exchange Commission sent a strong message to employers nationwide last week when it issued a cease-and-desist order against a company that required departing employees, as a condition of receiving severance, to sign an agreement waiving their right to any award from the SEC Whistleblower Program for reporting securities law […]
division of the Basel Institute on Governance, is hosting a collective action event on June 26 and 27.
the public sector, and add new protections for those in the private sector.
[…] staff, and empower their compliance and risk management people. Most of all, they must set the tone from the top – that profits do not come before right conduct. MAS will work closely with the industry to ensure that standards are kept high and will take strong deterrent actions against institutions that fall short.”