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
Halliburton said today its settlement of Foreign Corrupt Practices Act enforcement actions with the Justice Department and Securities and Exchange Commission is waiting for the DOJ’s final approval. It said it has reserved $559 million for the proposed settlements that include payments on behalf of its former subsidiary KBR.… Continue Reading
Our post yesterday referred to the long-pending Foreign Corrupt Practices Act investigations at Halliburton and DaimlerChrysler (now Daimler AG). For readers wanting to know what the two companies are now saying about their FCPA issues, we’ve rounded up their latest disclosures.… Continue Reading
“Cash crunch could result in more corruption cases,” says a headline in the current Financial Week (available here.) In the article, Steven Tyrrell, the head of the Justice Department’s fraud section, says the credit crisis may produce a crop of additional Foreign Corrupt Practices Act cases.… Continue Reading
The Justice Department says it plans to prosecute more individuals under the Foreign Corrupt Practices Act — and send them to jail. We looked through our posts to see how men and women fared over the past year.… Continue Reading
The shocking news last week about Jack Stanley’s guilty plea teaches again that not all FCPA violations can be prevented. No compliance program or compliance training would have kept Mr. Stanley on the right side of the law.… Continue Reading
The Justice Department said it arrested four people last week on charges that they and their company bribed Vietnamese officials in exchange for contracts to supply equipment and technology to government agencies in Vietnam.… Continue Reading
ProPublica is a privately-funded, non-profit, independent newsroom located in Manhattan. It’s led by Paul Steiger, the former managing editor of The Wall Street Journal, and its staff includes some of the best editors and reporters in the business.… Continue Reading
The potential consequences of a Foreign Corrupt Practices Act violation for an individual are easy to explain and understand. Personal tragedies result from the losses of freedom, jobs and reputations, and there’s often financial ruin and damage to families.… Continue Reading
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.… Continue Reading
