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
In 2022, the DOJ and SEC brought FCPA enforcement actions against eight companies and imposed financial penalties totaling $1.5 billion. For comparison, in 2021, four companies paid $282 million to resolve FCPA cases, and in 2020, 12 companies paid a total of $6.4 billion.… Continue Reading
French aerospace defense company Safran S.A. received a declination from the DOJ last week despite bribery that violated the FCPA.… Continue Reading
So far this year, two FCPA enforcement actions have involved companies that resolved previous FCPA violations. With Tenaris in June, and Oracle this week, the number of FCPA recidivists rises to 15.… Continue Reading
Oil and gas pipe manufacturer Tenaris paid the SEC $78 million Thursday to resolve charges that it violated the Foreign Corrupt Practices Act by providing improper payments to a Petrobras official in Brazil.… Continue Reading
Ralph Lauren Corporation will pay $1.6 million in combined penalties to the DOJ and SEC in exchange for unprecedented dual non-prosecution agreements after admitting its Argentina subsidiary paid bribes to government and customs officials.… Continue Reading
As December is a time for reflection on the past twelve months, I have been considering the FCPA Enforcement Action year.
I submit for your consideration my Top 10 FCPA Enforcement Actions for 2011 in the Corporate Division.… Continue Reading
There were two mega settlements during the quarter. Both JGC and Johnson & Johnson made our top-ten list. And there were three other corporate resolutions under $10 million.
The Lindsey defendants — the company and two officers — were convicted during the quarter.… Continue Reading
In an FCPA settlement announced today, Luxembourg-based pipe maker Tenaris became the first company to enter into a deferred prosecution agreement with the Securities and Exchange Commission in any kind of enforcement action.… Continue Reading