As the recent high-level and healthy debate on the FCPA Blog has shown, there are various ways to gather and analyze corruption-risk data at the country level, all of which have respective pros and cons but nevertheless are indispensable in our era of risk-based compliance decision-making.… Continue Reading
Posts Tagged: Corporate Investigations List
Now a new resource goes far beyond the Corporate Investigations List to provide real time alerts and deep insight into open FCPA investigations.… Continue Reading
China has historically been considered a high risk location for multi-national companies. An analysis of publicly available information determined that in the past five years alone, there have been 29 actions by U.S.… Continue Reading
Nortek Inc. said in its annual report Monday that FCPA spending in 2015 rose to $2.3 million for legal and other professional services connected to an investigation in China.
FCPA spending in 2014 was $800,000, the company said.… Continue Reading
Akamai Technologies, Inc. said in its annual report Monday the internal investigation it started a year ago into sales practices in a country outside the U.S. is ongoing and includes a review of FCPA compliance.… Continue Reading
The SEC received 16 percent more tips from whistleblowers concerning suspected violations of the Foreign Corrupt Practices Act in fiscal year 2015 than it did the previous year, according to the annual report released by the SEC Office of the Whistleblower. … Continue Reading
Companies that might become embroiled in seemingly perpetual DOJ FCPA investigations recently received some mixed messages from DOJ’s Criminal Division. On April 17, Leslie Caldwell, the AAG of the Criminal Division, delivered remarks at New York University Law School’s Program on Corporate Compliance and Enforcement.… Continue Reading
Minnesota-based Image Sensing Systems said the DOJ has “closed its inquiry” into potential Foreign Corrupt Practices Act violations and the SEC has also closed its investigation.
The company said last week the DOJ decision not to bring an enforcement action cited its “voluntary disclosure, thorough investigation, cooperation and voluntary enhancements to its compliance program.”… Continue Reading
Texas-based water treatment firm Layne Christensen said in an SEC filing Friday that after a four-year investigation, the DOJ won’t file any charges for violations of the Foreign Corrupt Practices Act.… Continue Reading
Cubist Pharmaceuticals Inc. said Monday that a global biopharmaceutical company it bought in 2013 may have violated the FCPA.
Lexington, Massachusetts-based Cubist acquired Optimer Pharmaceuticals late last year for $551 million.… Continue Reading
Click on the Archive tab in the top menu of the FCPA Blog to find Our Lists. Included there are FCPA enforcement actions, corporate investigations, the country count for investigations, our current top ten lists, Dean Tillipman’s resources, and more.… Continue Reading
Here’s a note from the volunteer researcher who produces the Corporate Investigations List. A reader asked if we could identify the countries involved in the current investigations. We asked the volunteer researcher about it, and here’s the response:
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China is dominating the disclosures.… Continue Reading