News and commentary about white-collar crime, enforcement, and compliance
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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Fund manager Legg Mason, Inc. said Wednesday it expects a settlement soon of a Foreign Corrupt Practices Act investigation into a unit that managed money for the Libyan government.
The investigation concerns Permal Group’s Libya deals from 2005 to 2007.… Continue Reading
Société Générale said in a disclosure Monday that it is under investigation in France for possible violations of French anti-corruption law and in the United States for Foreign Corrupt Practices Act offenses.… Continue Reading
Och-Ziff Capital Management Group LLC said Tuesday it has doubled its reserve for an FCPA settlement to more than $400 million.
The publicly-traded hedge fund in May reserved $200 million to resolve offenses arising from alleged bribes in Libya.… Continue Reading
Och-Ziff Capital Management Group said in an SEC filing Wednesday the SEC and DOJ are investigating whether it violated the Foreign Corrupt Practices Act in connection with an investment from a sovereign wealth fund.… Continue Reading