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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The Palais de Justice, located in the Ile de la Cite in central ParisThe OECD Working Group on Bribery has published its latest assessment on France’s fight against overseas graft.… Continue Reading
Aon Corporation, one of the biggest insurance brokerage firms in the world, agreed today to resolve FCPA charges with the DOJ and SEC.
It will pay a $1.76 million criminal penalty to the DOJ and $14.5 million in disgorgement and prejudgment interest to the SEC.… Continue Reading
The Wall Street Journal’s Corruption Currents just turned one. It celebrated with a post about the top five corruption convictions of the past twelve months.
Two entries have FCPA ties.… Continue Reading
The U.S. Court of Appeals for the Eleventh Circuit today said a lower court didn’t make a mistake when it denied victim status to a Costa Rican state-owned utility.
“The district court identified the pervasive, constant, and consistent illegal conduct conducted by the ‘principals’ (i.e.… Continue Reading
The Costa Rican state-owned utility that lost a bid earlier this month to become the first ‘victim’ compensated under federal law in an FCPA case has appealed the lower court’s decision.… Continue Reading
At a hearing in federal court in Miami yesterday, Judge Marcia G. Cooke made a finding that Costa Rica’s Instituto Costarricense de Electricidad S.A. (ICE) was not a victim of Alcatel-Lucent’s bribery, and not entitled to restitution. … Continue Reading
A Costa Rican citizen serving jail time there has said in a sworn statement filed in U.S. federal court that no one at the Instituto Costarricense de Electricidad S.A. (ICE) knew about Alcatel’s bribery except those directly involved.… Continue Reading
Just three directors and three employees out of 16,000 personnel at Costa Rica’s Instituto Costarricense de Electricidad, S.A. (ICE) benefited from Alcatel-Lucent’s bribery, ICE said in a filing this weekend.… Continue Reading
The DOJ’s filing opened with references to ICE’s “vitriolic allegations and false accusations questioning the motives, competence, and conduct” of the DOJ and SEC.… Continue Reading
By Jordan Maglich
As readers of the FCPA Blog know, the past few years have seen a dramatic rise in FCPA prosecutions. In 2010 alone, companies settling FCPA-related charges paid $1.8 billion in monetary penalties, nearly tripling the $641 million paid in 2009.… Continue Reading
[Editor’s note:This post exceeds our normal word count. But because the issues raised are new in an FCPA case, we wanted the first impression to be accurate and complete.]
A state-owned company that awarded Alcatel-Lucent more than $300 million in bribe-tainted contracts has asked a federal court in Florida to block Alcatel’s FCPA settlement with the U.S.… Continue Reading
Miguel Angel Rodriguez, ex-president of Costa Rica, was sentenced to five years in prison for briberyThe former president of Costa Rica who took bribes from French telecoms company Alcatel was sentenced to five years in prison this week.… Continue Reading
