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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

Posts Tagged: Fernando Maya Basurto

Basurto Sentenced To ‘Time Served’

The government’s primary witness against former ABB manager John O’Shea won’t serve any more jail time for conspiracy to violate the FCPA.

Last week, Judge Lynn Hughes ordered Fernando Basurto Jr.’s… Continue Reading

O’Shea Acquitted On All Counts

In another serious blow to the DOJ’s FCPA unit, former ABB manager John O’Shea was acquitted yesterday of bribing officials at Mexico’s state-owned electric utility and covering up the payments.

U.S.… Continue Reading

Final Countdown For O’Shea

Jury selection in John O’Shea’s trial is scheduled to start on January 11.

The former ABB manager is being tried in federal court in Houston before Judge Lynn N. Hughes.

He’s charged with one count of conspiracy to violate the FCPA, twelve substantive FCPA counts, four counts of international money laundering, and one count of falsifying records in a federal investigation.… Continue Reading

FCPA Defendants Face Long Odds

In Los Angeles this week, the trial of Lindsey Manufacturing, Dr. Keith Lindsey, Steve K. Lee, and Angela Aguilar opened in federal court.

(On Friday, they lost their motion to dismiss the case when the judge ruled that officers of the Mexican electric utility CFE, who the defendants allegedly bribed, are foreign officials under the FCPA.)… Continue Reading

ABB Reaches $58 Million Settlement (Updated)

Electrical technology giant ABB Ltd of Switzerland reached a settlement Wednesday with the DOJ of criminal FCPA charges and will pay a fine $19 million. And in resolving civil charges with the SEC, the company will disgorge $22.8 million and pay a $16.5 million civil penalty.… Continue Reading

Two Indicted For Mexican Electric Company Bribes

A Los Angeles grand jury yesterday indicted a Mexican husband and wife for their alleged roles in bribery and money laundering involving Mexican government officials at the state-owned electric utilitiy, Comisión Federal de Electridad, or CFE.… Continue Reading