Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

Juniper Networks pays SEC $11.7 million to settle FCPA violations

Juniper Networks paid the SEC $11.7 million Thursday to settle FCPA offenses related to its sales practices in Russia and China. 

The American technology company disgorged $4 million and paid a $6.5 million penalty to the SEC, plus pre-judgment interest of $1.3 million. 

Juniper first disclosed the FCPA-related investigation in an SEC filing in August 2013.Continue Reading

Deutsche Bank pays SEC $16 million to settle ‘referral hiring’ FCPA violations

Deutsche Bank paid the SEC $16 million Thursday to settle FCPA offenses related to its hiring of relatives of public officials in China and Russia. 

The German bank disgorged $10.7 million and paid a $3 million penalty to the SEC, plus pre-judgment interest of $2.4 million. 

Deutsche Bank first disclosed the FCPA-related investigation in an SEC filing in March 2015.… Continue Reading

Walmart pays $282 million for FCPA resolution

Walmart Inc. agreed Thursday to pay the DOJ and SEC $282 million to settle allegations that it violated the Foreign Corrupt Practices by paying an intermediary in Brazil for help obtaining construction permits and having weak anti-corruption internal controls in Brazil, China, India, and Mexico.… Continue Reading

Uber discloses FCPA investigation

Uber Technologies, Inc. said Thursday the U.S. Department of Justice is investigating possible FCPA violations related to its activity in Asia. 

According to Uber’s S-1 filing, the DOJ is investigating potential bribes in countries including Indonesia, Malaysia, China, and India. 

In Indonesia, the ride-hailing company is being investigated for allegations of small payments to police, and “other potential improper payments.”

Here is the text from Uber’s S-1 filed April 11, 2019, courtesy of FCPA Tracker

We received requests from the DOJ in May 2017 and August 2017 with respect to an investigation into allegations of small payments to police in Indonesia and other potential improper payments in other countries in which we operate or have operated, including in Malaysia, China, and India.Continue Reading