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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

Newmont Mining discloses SEC declination

One of the world’s biggest gold miners said in a securities filing this week that the SEC won’t recommend an FCPA enforcement action against the company.

Colorado-based Newmont Mining Corporation said it received a declination letter from the SEC “in late February 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

DOJ declination for Bristol-Myers Squibb

Bristol-Myers Squibb said in a securities filing that the DOJ closed its FCPA investigation into the company and won’t bring an enforcement action.

In early October, Bristol-Myers Squibb paid $14.7 million to resolve charges by the SEC that its joint venture in China made cash payments and gave other benefits to health care providers at state-owned and state-controlled hospitals in exchange for prescription sales.… Continue Reading

NCR: SEC declination three years after whistleblower complaint

NCR Corp. said last week it was “informed by the staff of the Securities and Exchange Commission that it does not intend to recommend an enforcement action.”

The SEC’s decision came after a three-year investigation of the company’s compliance with the Foreign Corrupt Practices Act.… Continue Reading

SEC declination for South Africa’s Net1

Net 1 UEPS Technologies said in a securities filing Monday that the SEC isn’t recommending an enforcement action after investigating possible violations of the Foreign Corrupt Practices Act.

South Africa-based Net1 said in December 2012 that the SEC, DOJ, and FBI were investigating payments to South African government officials to win a contract with the Social Security Agency.… Continue Reading

DOJ declination for Hyperdynamics

Hyperdynamics Corporation said Friday the DOJ has closed its FCPA investigation without bringing any charges against the company.

The Houston-based oil and gas company said it had cooperated with the government’s investigation, and the “DOJ noted the value of the Company’s cooperation in its [declination] letter.”… Continue Reading