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

Juniper Networks pays SEC $11.7 million to settle FCPA violations

Juniper Networks paid the SEC $11.7 million Thursday to settle FCPA offenses related to its sales practices in Russia and China. 

The American technology company disgorged $4 million and paid a $6.5 million penalty to the SEC, plus pre-judgment interest of $1.3 million. 

Juniper first disclosed the FCPA-related investigation in an SEC filing in August 2013.Continue Reading

Deutsche Bank pays SEC $16 million to settle ‘referral hiring’ FCPA violations

Deutsche Bank paid the SEC $16 million Thursday to settle FCPA offenses related to its hiring of relatives of public officials in China and Russia. 

The German bank disgorged $10.7 million and paid a $3 million penalty to the SEC, plus pre-judgment interest of $2.4 million. 

Deutsche Bank first disclosed the FCPA-related investigation in an SEC filing in March 2015.… Continue Reading

Practice Alert: Russia expands corporate liability for bribery

As previously reported, Russia recently amended its corporate bribery statute (Article 19.28 of the Code of Administrative Violations) to allow companies to avoid prosecution if they assist in the discovery or investigation of the offense or if they can prove that the bribe was extorted. 

The same amendment also allowed courts to preliminarily freeze the property of companies under investigation up to the maximum amount of the fine. 

On December 27, President Putin signed another amendment to 19.28 which will, this time, significantly expand the scope of corporate liability for bribery.… Continue Reading