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
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Japan-based construction firm JGC Corporation — the last of four partners who together paid $180 million in bribes to Nigerian officials — agreed today to a $218.8 million criminal penalty to resolve FCPA-related charges.… Continue Reading
There’s been a lot of talk lately about the DOJ’s “expansive enforcement practices” and practically none about the SEC’s. So let’s get started by taking a look at a remedy the SEC now uses in most FCPA cases: disgorgement.… Continue Reading
Jeffrey Tesler, the British lawyer accused of helping KBR and its partners bribe Nigerian officials, will plead guilty in Houston federal court Friday, according to his lawyer.
The AP said Telser’s lawyer wouldn’t specify what counts would be included in the plea.… Continue Reading
The British lawyer accused by American authorities of helping KBR and its partners bribe Nigerian officials said last week he’s giving up his fight against extradition to the United States.
Jeffrey Tesler, 62, a U.K… Continue Reading
KBR’s wholly-owned subsidiary, M.W. Kellogg Limited, has settled civil corruption charges with the U.K. Serious Fraud Office.
Kellogg will pay US$11,238,886 (£7,000,028). The civil fine — similar to an SEC-imposed disgorgement — equals Kellogg’s share of dividends payable from profits generated by contracts for work on Nigeria’s Bonny Island project.… Continue Reading
KBR’s former CEO, Albert “Jack” Stanley, left, who presided over a $180 million oversees bribery scheme, won’t be sentenced until at least March 30.
Stanley pleaded guilty in federal court in Houston in September 2008 to a two-count criminal information charging him with conspiracy to violate the Foreign Corrupt Practices Act and to commit mail and wire fraud.… Continue Reading
The Continental Center and KBR Tower (foreground) in downtown Houston. Photo by Blair McFarlainThe London lawyer accused by American authorities of helping KBR and its partners bribe Nigerian officials lost his battle against extradition yesterday.… Continue Reading
In the latest top ten FCPA settlements of all time, eight are from 2010 and eight also involve non-U.S. companies.
Paris-based Alcatel-Lucent is the latest addition at number seven, knocking Shell’s November 2010 Panalpina-related enforcement action off the list. … Continue Reading
Attorney Thomas Fox looks back on 2010’s most memorable enforcement actionsBy Thomas Fox
As December is a time for reflection on the past twelve months, I have been considering the FCPA year.… Continue Reading
Wojciech Chodan, KBR’s former commercial vice president at a U.K. subsidiary, pleaded guilty today in Houston to conspiring to violate the FCPA.
The DOJ said he was part of a decade-long scheme to bribe Nigerian government officials in exchange for contracts worth $6 billion to build liquefied natural gas facilities on Bonny Island, Nigeria.… Continue Reading
Attorney General Eric HolderA reader sent a thoughtful comment about our post, FCPA Conspiracy Theories.
If you missed it, Larry from DC (probably not his or her real name) said:
This is an important post, due to the abundant prosecutorial advantages of bringing conspiracy FCPA charges vis-a-vis substantive FCPA charges.… Continue Reading
[Editor’s note: This post was updated here.]
Following yesterday’s seven-party settlement, Panalpina, Pride, and Shell join the top ten FCPA cases of all time, coming in at numbers seven, nine, and ten respectively.… Continue Reading
