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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

Who did Unaoil work for?

Last week the DOJ revealed guilty pleas by the two Ahsani brothers who were running Monaco-based intermediary Unaoil. The brothers copped to a ten-country bribery conspiracy intended to help “multiple companies” win oil and gas-related contracts.… Continue Reading

SFO confirms investigation of KBR

The UK Serious Fraud Office confirmed that it has opened a new investigation into KBR, Inc.’s United Kingdom subsidiaries for suspected bribery and corruption.

The investigation “is related to the SFO’s ongoing investigation into the activities of Unaoil,” the agency said in a statement Friday.… Continue Reading

SEC: BlackRock impeded whistleblower rights

New York-based asset manager BlackRock Inc. agreed Tuesday to pay a $340,000 penalty to settle SEC charges that it forced more than a thousand exiting employees to waive their ability to obtain whistleblower awards.… Continue Reading

SEC says NeuStar tried to impede whistleblowing

The Securities and Exchange Commission fined a Virginia-based technology company $180,000 Monday for using severance agreements that impeded former employees from communicating information to the SEC.

The SEC said NeuStar Inc.… Continue Reading

David J. Marshall: SEC breaks new ground, bans employer-imposed waiver of right to whistleblower award

The Securities and Exchange Commission sent a strong message to employers nationwide last week when it issued a cease-and-desist order against a company that required departing employees, as a condition of receiving severance, to sign an agreement waiving their right to any award from the SEC Whistleblower Program for reporting securities law violations.… Continue Reading

Core Labs says DOJ asks questions about Unaoil

An Amsterdam-based oil services company said in a U.S. securities filing last week the DOJ has asked it questions in connection with the Unaoil investigation.

Core Laboratories was one of about a dozen companies named in a report in late March by the Huffington Post and Fairfax Media.… Continue Reading

KBR cooperating with DOJ investigation of Unaoil

Image courtesy of KBROil and gas services firm KBR said in its quarterly report Friday that the DOJ has contacted the company in connection with an investigation of Unaoil. 

The Huffington Post/Fairfax Media reported a month ago that Monaco-based Unaoil acted as an intermediary to pay bribes for big international companies, mainly from the oil and gas sector.… Continue Reading