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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

Here’s to Independence Day

We couldn’t let Monday’s Beam Suntory Inc. settlement go by without sharing one of our favorite movie clips — Suntory Time! from Lost in Translation.

It’s Bill Murray at his best:

Staying with the Suntory theme, here’s the Rat Pack Photo Shoot, also from Lost in Translation:

Enjoy the Fourth of July holiday.… Continue Reading

Beam Suntory pays $8 million to resolve FCPA offenses

Chicago-based spirits maker Beam Suntory Inc. agreed Monday to pay more than $8 million to resolve Foreign Corrupt Practices Act charges for improper payments by its Indian subsidiary.

Beam resolved the SEC’s civil charges without admitting or denying the allegations.… Continue Reading

India contagion spreads to beer maker InBev

Anheuser-Busch InBev said this week the SEC is investigating its India joint venture for possible FCPA violations.

The Belgium-based beer company said in an SEC filing it is ‘investigating the conduct in question and cooperating with the SEC.’… Continue Reading

Beam Inc.’s FCPA disclosure (November 2012)

In an SEC filing last week, spirits-maker Beam Inc. confirmed that it is investigating possible FCPA violations by its India unit.

Last month, the press in India said Illinois-based Beam was forced to start an investigation after whistleblower complaints about ‘excise duty violations, invoicing problems, and handing over distribution in some key markets.’… Continue Reading

CEDC’s FCPA Disclosure

Courtesy of the members area of the FCPA Blog, here’s the full FCPA disclosure by Central European Distribution Corp. from its Form 10K/A filed with the SEC on October 5:

It has also been determined that there has been a breach of the books and records provisions of the Foreign Corrupt Practices Act (FCPA) of the United States and potentially other breaches of the FCPA.

Continue Reading

Beam launches India investigation

Illinois-based spirits company Beam Inc. is investigating possible FCPA violations in India, according to a report Friday by the Times of India.

Whistleblower complaints triggered the investigation into ‘excise duty violations, invoicing problems, and handing over distribution in some key markets,’ the report said.… Continue Reading