Skip to content

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

Diageo’s ‘Rice Cake’ Payments

There’s always a danger that an unhealthy corporate practice, even an illegal one, will gain internal acceptance and legitimacy simply because it happens all the time.

Take Diageo’s gift giving in Asia.… Continue Reading

SEC Posts Cases Eligible For Whistleblower Rewards

The SEC’s Office of the Whistleblower (yes, it’s real) published its first list of enforcement actions that might be eligible for whistleblower rewards. It includes FCPA-related cases.

On the November 1 list — under the heading of ‘Claim an Award’ — are completed enforcement actions against companies and people that resulted in judgments or orders issued after July 21, 2010 with sanctions of more than $1 million.… Continue Reading

Top Ten Disgorgements

There’s been a lot of talk lately about the DOJ’s “expansive enforcement practices” and practically none about the SEC’s. So let’s get started by taking a look at a remedy the SEC now uses in most FCPA cases: disgorgement.… Continue Reading

GE In $23 Million SEC Settlement

General Electric Company, whose compliance program is among the most respected and admired in the world, has settled civil violations of the Foreign Corrupt Practices Act with the Securities and Exchange Commission.… Continue Reading

A Whistleblower Blow-Up

Last month we reported a settlement in a suit by General Electric’s former in-house counsel, Adriana Koeck. She claimed she was fired in retaliation for whistleblower activity protected by Section 806 of the Sarbanes-Oxley Act (18 U.S.C.… Continue Reading

GE Resolves FCPA-Related Private Claims

General Electric and its former in-house counsel, Adriana Koeck, who claimed she was fired for telling her superiors about the company’s possible Foreign Corrupt Practices Act violations in Brazil, have settled their litigation.… Continue Reading

More Hurdles For Private Litigants

In a case called Glazer Capital Management v. Magistri, the Ninth Circuit last week affirmed the dismissal of an FCPA-related class-action suit by shareholders of InVision Technologies, Inc. against the company and certain of its officers.… Continue Reading

A Public Test For GE’s Compliance Program

The Corporate Crime Reporter (CCR) has a story here about a Sarbanes Oxley whistleblower complaint filed against General Electric by former in-house counsel, Adriana Koeck. She says she was fired from GE for reporting fraud in Brazil to her superiors, including alleged tax cheating and potential violations of the Foreign Corrupt Practices Act.… Continue Reading