A U.S. Army National Guard soldier admitted Tuesday that he took phony recruiting bonuses, becoming the twenty-fourth person in the San Antonio and Houston areas to plead guilty in a fraud and bribery scheme that started nearly ten years ago.… Continue Reading
Softly, we who survived trod home soil so firm and safe beneath our feet and slowly lift our eyes to gaze in Heaven above . . . For we have given our all, our youthful vitality and man’s strength to preserve the freedoms and sanctity of our nation.… Continue Reading
Weatherford International said it received final court approval for the $252.6 million settlement of FCPA and export offenses announced in November.
In an SEC filing, Weatherford said:
On January 17, 2014, the U.S.… Continue Reading
The Wall Street Journal Test. That is the phrase I use when training corporate employees on compliance and ethics. I ask folks to think about how their company’s reputation would be affected if a person’s action, deed or conduct, which they engaged in for their employer, was on the front page of the Wall Street Journal (WSJ).… Continue Reading
The blogs spoke loudly in an article by Leslie Wayne in the New York Times that recently highlighted FCPA enforcement against foreign companies.
Taking a page from our top ten list, Wayne said:
… Continue Reading
The companies that have reached the biggest settlements under the law, known as the Foreign Corrupt Practices Act, include Siemens, the German engineering giant; Daimler, the maker of Mercedes-Benz vehicles; Alcatel-Lucent, the French telecommunications company; and the JGC Corporation, a Japanese consulting company.