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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

Cobalt says SEC ends second FCPA probe

Cobalt International Energy, Inc. said in a securities filing Tuesday that the SEC has finished its second FCPA investigation into the company’s Angola operations and won’t bring an enforcement action.

Houston-based Cobalt said the SEC opened the second investigation in March 2017.… Continue Reading

DOJ ends Cobalt International bribery probe

Cobalt International Energy, Inc. said Thursday the U.S. Justice Department has closed its FCPA investigation into the company’s operations in Angola.

Cobalt said it received the declination in a letter from the DOJ.… Continue Reading

FCPA enforcement report for Q1 2015

During the first calendar quarter, there were two corporate FCPA enforcement actions — both through SEC administrative orders — and one individual resolution.

(Last year in Q1 there were two corporate enforcement actions and two individual Siemens-related actions).… Continue Reading

Cobalt receives SEC declination for Angola investigation

Here’s a statement that Cobalt released Wednesday:

 

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Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced that it has received a termination letter from the United States Securities and Exchange Commission (“SEC”) advising Cobalt that the SEC’s FCPA investigation relating to Cobalt’s operations in Angola has concluded and that the Staff does not intend to recommend any enforcement action by the SEC.… Continue Reading

SEC staff recommends FCPA enforcement against Cobalt

Image courtesy of Cobalt International EnergyCobalt International Energy Inc. said Tuesday it received a “Wells Notice” in connection with the SEC’s investigation of its operations in Angola and potential liabilities under the Foreign Corrupt Practices Act.… Continue Reading