Posts Tagged: Fernando Maya Basurto
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
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
The DOJ on Thursday said California-based Lindsey Manufacturing Company and two of its executives were indicted for their alleged roles in a conspiracy to bribe officials at Mexico’s state-owned utility, the Comisión Federal de Electricidad (CFE).… Continue Reading
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
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
The Justice Department announced on Monday (November 23) the arrest of the former general manager of a Sugar Land, Texas-based ABB subsidiary for his alleged role in a conspiracy to bribe Mexican government officials.… Continue Reading