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Editors

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

Search Results for: label/Schnitzer

Schnitzer’s Victory

[…] nearly ten years until late 2004, some $1.8 million in bribes went to foreign officials and private parties in South Korea and China. Officers and employees of Schnitzer Steel Industries Inc. and its Korean subsidiary, SSI International Far East Ltd., approved the bribes, then used elaborate means to fund and conceal them. Cash, gift […]

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Schnitzer’s Former Boss Settles FCPA Charges

The former chairman and ceo of Schnitzer Steel Industries, Inc. resolved charges on December 13, 2007 brought by the Securities and Exchange Commission under the U.S. Foreign Corrupt Practices Act. Robert W. Philip, 60, of Portland, Oregon, will pay about $250,000 to settle charges that he violated the antibribery, books and records and internal […]

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Fallout Continues From Schnitzer Steel Industries’ FCPA Violations

The Securities and Exchange Commission announced in late June 2007 that it charged a former executive of Portland, Oregon-based Schnitzer Steel Industries, Inc. with violating the anti-bribery provisions of the FCPA. Si Chan Wooh of Tacoma, Washington, the former Executive Vice President and head of a Schnitzer subsidiary, agreed to pay approximately $40,000 in […]

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Siemens: The Clean-up Crew

Here are some important corrections and clarifications to earlier posts about Siemens: 1. Wednesday’s post indicates that Schnitzer Steel pleaded guilty to books and records and internal controls violations. In fact, it was Schnitzer’s subsidiary that pleaded guilty, and those charges included antibribery and books and records charges, but not internal controls charges. The […]

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Compliance Officer (Bilfinger SE – Mannheim, Germany)

Job Title: Compliance Officer
Company: Bilfinger SE
Location: Mannheim, Germany
 
Tasks 
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.

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More Math For The General Counsel

[…] not 10.73, as when looking just at the bribe paid. So is Baker Hughes an outlier and a harsh result as Bruce says? We’re not too sure. Schnitzer Steel is sometimes mentioned as an example of a self-reporting company not receiving any benefits. That appears to be true because it paid only $204,537 in […]

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What’s The Tally?

[…] contracts with the TAT worth more than $10 million. # # # Schnitzer’s Former Boss Settles FCPA Charges (December 14, 2007) The former chairman and ceo of Schnitzer Steel Industries, Inc. resolved charges on December 13, 2007 brought by the Securities and Exchange Commission under the U.S. Foreign Corrupt Practices Act. Robert W. Philip, […]

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Advice for companies after conflict minerals ruling

[…] sent back to the district court. If a company has to do a reasonable country of origin inquiry anyway, what’s wrong with the “DRC conflict free undeterminable” label? “It forces you to describe your product in a way that is pejorative,” Hall said. “The label saying that a product might not being free of […]

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Prosecuting Private Overseas Corruption

[…] in violation of the Travel Act, to officers and employees of foreign and domestic privately-owned companies. We’ve seen references to private bribery in other FCPA enforcement actions. Schnitzer Steel is one example. The DOJ said its employees had bribed people not only at government-owned enterprises but also at private companies abroad. But Schnitzer was […]

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