Critics and supporters shower attention on the FCPA’s affirmative defenses for local law and promotional expenses. And the facilitating payments exception is a rich vein for the FCPA commentariat. Why, then, is the FCPA extortion defense mostly ignored and neglected?… Continue Reading
Posts Tagged: Judge Shira Scheindlin
The Securities and Exchange Commission said in a court filing Friday that Texas billionaire Sam Wyly and the estate of his late brother Charles should pay $1.41 billion in damages for hidding trades in companies they controlled using offshore trusts.… Continue Reading
A U.S. judge entered default judgments Tuesday against two former executives of Siemens in Argentina in a civil FCPA enforcement action brought by the SEC.
Judge Shira A. Scheindlin ordered Stephan Signer and Ulrich Bock to each pay a $524,000 civil penalty.… Continue Reading