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
Since we listed the top ten FCPA disgorgements a year ago, two new companies joined the list — Johnson & Johnson and Magyar Telekom. They replaced GE and Baker Hughes.… Continue Reading
The biggest FCPA enforcement action in history came to a close today with the sentencing of the mastermind behind the $182 million bribery scheme.
Albert ‘Jack’ Stanley, left, was ordered by Judge Keith B.… Continue Reading
Houston-based Halliburton said in an SEC filing this week that it received a subpoena from the SEC in connection with an ongoing investigation of possible kickbacks and bribes in Angola.
The investigation started after an anonymous email to the company in December 2010.… Continue Reading
Sentencing of the three individual defendants in the TSKJ Nigeria case has been delayed again.
Jack Stanley, 66, is now set to be sentenced by Judge Keith P. Ellison in Houston on February 23 instead of February 3.… Continue Reading
The DOJ said today that Japan’s Marubeni Corporation will pay a $54.6 million criminal penalty to resolve FCPA charges for its role as an agent of the KBR-led TSKJ joint venture.… Continue Reading
In April this year, the final TSKJ partner, Japan’s JGC, paid $218.8 million in a plea deal with the DOJ. It was the biggest FCPA case in 2011 (so far) and landed sixth on our all-time top ten list.… Continue Reading
Responding to our post about Jeffrey Tesler’s court appearance in Houston earlier this year to plead guilty to conspiracy to violate the Foreign Corrupt Practices Act and a substantive FCPA count, a reader sent a startling note.… Continue Reading
Here’s a list of fines paid overseas for bribery by companies that have settled FCPA enforcement actions.
There may be others but these are what a friend of the FCPA Blog has found so far.… Continue Reading
[With information added about sentencing dates for Tesler and Chodan.]
Last week, Judge Keith P. Ellison signed Jack Stanley’s latest sentencing delay (the eleventh by our count).
KBR’s former boss will remain free on bond until at least December 15.… Continue Reading
What law firms and lawyers represented the companies from our list of the top ten corporate FCPA settlements of all time?
Here they are:
1. Siemens – Davis Polk (Scott W.… Continue Reading
With yesterday’s $218.8 million criminal fine, JGC joins the top ten FCPA cases of all time. Nine now involve non-U.S. companies, and the oldest — Siemens from December 2008 — is still the biggest.… Continue Reading
For the tenth time, Jack Stanley’s final sentencing has been delayed, this time until June 23.
Albert ‘Jack’ Stanley, 66, was KBR’s CEO when he presided over a $180 million bribery scheme in Nigeria to win work for KBR and three partners.… Continue Reading