News and commentary about white-collar crime, enforcement, and compliance
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 Department of Justice published a new Opinion Procedure Release (23-02) related to a training events and logistical support company meeting a U.S. government task order as part of a contract that required it to provide logistical support for foreign government personnel.… Continue Reading
Over the past decade, the DOJ and SEC helped establish the value of compliance programs. Companies had a basis for quantifying enforcement risks because of the large number of FCPA enforcement actions and their high dollar value.… Continue Reading
Albemarle Corporation agreed Friday to pay the DOJ and SEC $218 million in penalties and disgorgement to resolve FCPA offenses related to bribing government officials at state-owned oil refineries around the world. … Continue Reading
Texas-based media company Clear Channel Outdoor Holdings Inc. agreed to pay the SEC $26.1 million to resolve FCPA violations for bribing Chinese officials to buy outdoor advertising in China.… Continue Reading
Deputy Attorney General Lisa Monaco is speaking at the SCCE’s 2023 Compliance and Ethics Institute in Chicago next week. Will she be talking about standardized voluntary self-disclosure extensions for reducing FCPA risk in mergers and acquisitions?… Continue Reading
3M Company agreed Friday to pay the SEC $6.5 million in penalties and disgorgement to resolve FCPA offenses related to a subsidiary in China.… Continue Reading
The Vatican, regardless of any individual religious viewpoint one holds, is a fascinating place. But it may be fascinating to companies for a special reason: Spreading powerful foreign officials across the globe.… Continue Reading
Covid created a domino effect that won’t be fully understood for years to come, if ever. But one thing is certain, things in 2023 are getting weird, really weird.… Continue Reading
Through the normal course of research, I review a lot of SEC filings. Over the years, I’ve probably thumbed through more than ten thousand. This has to be the most bizarre SEC filing disclosure related to the FCPA I’ve come across.… Continue Reading
The DOJ voluntarily withdrew an FCPA count and four other charges yesterday that it added to its original indictment of Sam Bankman-Fried after his extradition from the Bahamas.… Continue Reading
American technology and consulting company Gartner, Inc. agreed Friday to pay the SEC $2.45 million to settle charges that it violated the FCPA by bribing officials at the South Africa Revenue Service.… Continue Reading
On May 17, 2023, Paulo J.D.C. Casqueiro-Murta, a Portuguese citizen extradited to Houston in July 2021, was granted dismissal by the federal district court in Houston for the second time of his 2019 indictment that charged him with one count of FCPA conspiracy and three related money-laundering counts.… Continue Reading