The world has now lived with the FCPA for more than 40 years and with hyper-enforcement for more than a decade.… Continue Reading
The UK Serious Fraud Office said Friday it is investigating ABB Ltd’s United Kingdom subsidiaries, their officers, employees, and agents for suspected bribery and corruption.… Continue Reading
Unaoil said in a statement Tuesday that it has instructed its lawyers to start legal action against Fairfax Media and its partners for “malicious and damaging allegations negligently published” by them.… Continue Reading
As part of its recent settlement with the SEC, Ralph Lauren Corporation agreed to disgorge $593,000 that was “obtained or retained as a result of the violations discovered during the investigation,” along with $141,846 in pre-judgment interest.
$593,000 also happens to be precisely the same amount the SEC alleges that Ralph Lauren made in illicit bribe payments and gifts to Argentine officials from 2005-2009.… Continue Reading