Airbus shatters the FCPA top ten
Harry Cassin
February 3, 2020
Airbus SE smashed our top ten list Friday with a $2.09 billion FCPA settlement with the U.S. Department of Justice, sending it straight to number one.… Continue Reading
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Harry Cassin
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Richard L. Cassin
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Elizabeth K. Spahn
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Julie DiMauro
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Posts Tagged: Alstom
Here’s the ‘agent’ instruction from US v. Hoskins
Richard L. Cassin
December 20, 2019
It made sense for Lawrence Hoskins to challenge whether the Foreign Corrupt Practices Act could apply to him. He had worked for Alstom SA, a French company, in Paris. He carried a UK passport and said he never set foot in the United States.… Continue Reading
Ericsson jolts the FCPA top ten list
Richard L. Cassin
December 9, 2019
Stockholm-based Ericsson cracked our top ten list Friday with a $1 billion mega-settlement that landed at number two.… Continue Reading
Trending: Juries convict six FCPA defendants in rare trials
Richard L. Cassin
December 3, 2019
FCPA-related jury trials are rare. In some years there might be one but in many years there are none. This year, however, there were three, ending in convictions of four defendants.… Continue Reading
UK Enforcement: Alstom unit fined $21 million for overseas bribes
Richard L. Cassin
November 26, 2019
The SFO’s decade-long investigation of Paris-based Alstom ended Monday with the sentencing of a UK subsidiary for bribery in Tunisia.… Continue Reading
Jury convicts Hoskins of multiple FCPA and money laundering offenses
Richard L. Cassin
November 8, 2019
A former Alstom SA executive who carried a UK passport, worked in France, and said he never set foot in the United States, was convicted Friday by a federal jury on 11 of 12 counts for his part in a scheme to bribe government officials in Indonesia.… Continue Reading
Court rules Hoskins must face FCPA trial
Richard L. Cassin
August 20, 2019
A federal district court ruled Monday that Lawrence Hoskins, the British national who worked for Alstom, will have to face a trial for violating the Foreign Corrupt Practices Act and related offenses.… Continue Reading
Ex-Alstom exec wants ‘delayed’ FCPA case tossed
Richard L. Cassin
August 12, 2019
A former Alstom executive arrested in 2014 for FCPA and related offenses has asked a federal judge to dismiss the charges against him because the DOJ has denied his right to a speedy trial.… Continue Reading
ADB debars GE Power units tied to Alstom offenses
Harry Cassin
March 25, 2019
The African Development Bank said Thursday it debarred several former Alstom companies now owned by GE Power for up to 76 months because of fraud and bribery committed on two bank-financed projects in Egypt.… Continue Reading
UK convicts former Alstom exec for Lithuania power plant bribes
Harry Cassin
December 19, 2018
Former Alstom executive Nicholas Reynolds was found guilty Wednesday in a UK court for his role in bribing Lithuanian officials for power station contracts.
Reynolds, 53, a UK citizen, was the global sales director for Alstom Power Ltd’s boiler retrofits unit. … Continue Reading
Ryan Rohlfsen: How much will US v. Hoskins impact FCPA coverage?
Ryan Rohlfsen
September 10, 2018
On August 24, the United States Court of Appeals for the Second Circuit ruled that a non-resident foreign national cannot be held criminally liable for aiding or abetting or conspiring to violate the Foreign Corrupt Practices Act, unless the government can show that he acted as an agent of a “domestic concern” or while physically present in the United States.… Continue Reading
Second Circuit affirms most of Hoskins dismissal
Richard L. Cassin
August 27, 2018
A federal appeals court ruled Friday that a non-resident foreign national cannot be charged with conspiracy to violate the Foreign Corrupt Practices Act or with aiding and abetting a violation of the FCPA, unless the government can show that he acted as an agent of a “domestic concern” or while physically present in the United States.… Continue Reading