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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

Eli Lilly pays $29 million in SEC settlement

Eli Lilly and Company resolved FCPA civil charges brought by the Securities and Exchange Commission based on bribes to government officials in Russia, Brazil, China, and Poland.

Lilly agreed Thursday to pay $29.4… Continue Reading

Autumnal Adventures to Unchartered Corners

The passing of Labor Day marks the advent of a new season. In my new home state of Virginia, the heat has softened and the riverside trees take on a faint yellow; for our friends in the Southern Hemisphere, perhaps the winter wanes and blossoms bud.… Continue Reading

Orthofix Pays $7.4 Million To Settle Mexico Bribes

Texas-based medical device company Orthofix International N.V. settled FCPA charges today relating to bribes in Mexico.

The company agreed to pay the SEC $5.2 million, including $4.98 million in disgorgement and $242,000 in prejudgment interest.… Continue Reading

Happy New Year

We wish all our readers, contributors, and sponsors a Happy New Year.

This blog was launched in 2007 with a short post about an enforcement action against Textron. That company’s compliance problems, we noted, were caused by fifth-tier French subsidiaries.… Continue Reading

NATCO Settles “Extorted” Bribe Case

The Securities and Exchange Commission kicked off the FCPA-enforcement year this week with civil books and records and internal controls charges against Texas-based oil and gas services firm NATCO Group Inc.… Continue Reading

AGCO Resolves Iraq Bribe Charges

Agricultural equipment-maker AGCO Corporation will pay nearly $20 million in criminal and civil penalties to resolve charges related to kickbacks it paid under the U.N. oil for food program. Under its plea deal with the Justice Department, the Duluth, Ga.-based… Continue Reading

Con-way Settles FCPA Enforcement Action

Internal controls and books and records violations; impermissible “facilitating payments” to customs officials and bribes to airline employees

California-based Con-way, Inc., a global freight forwarder, has paid a $300,000 penalty and accepted a cease and desist order to settle a Foreign Corrupt Practices Act enforcement action with the Securities and Exchange Commission.… Continue Reading

Cases We’ll Never Report

Not all Foreign Corrupt Practices Act violations make the news. Here are three reasons why:

Reason #1. Ignorance. Some companies don’t discover their own FCPA problems. It sounds improbable, but it happens.… Continue Reading

From The Mailbag

The question our readers most want answered — after we tell them bloggers have no way to predict Powerball winners — is, Who’s covered by the Foreign Corrupt Practices Act? It’s always the jurisdiction thing — and for good reason.… Continue Reading

Ten Fast Facts About The FCPA

It’s easy enough to scoff at the slogans, proverbs and aphorisms that line the halls of the great corporations. Who hasn’t emerged from a conference-room donnybrook wondering who the Teamwork posters are supposed to be talking about?… Continue Reading