Posts Tagged: BAE Systems
In the latest top ten FCPA settlements of all time, eight are from 2010 and eight also involve non-U.S. companies.
A judge in London today adjourned sentencing of BAE under its plea deal with the Serious Fraud Office until tomorrow — “after hearing submissions and argument about the nature” of certain payments by BAE in Africa, according to an updated report in thebriberyact.com… Continue Reading
Corporations can’t be jailed for violating the FCPA. Their main punishment is financial — criminal fines and, for issuers, civil penalties and disgorgement of profits.
Under the federal sentencing guidelines, corporate punishment depends in part on how much money was involved in the crime.… Continue Reading