Global Investigations Review - The law and practice of international investigations

Just Anti-Corruption

FCPA Docket: SEC votes to approve settlement with ex-Magyar Telekom CEO

FCPA Docket: SEC votes to approve settlement with ex-Magyar Telekom CEO

March 22, 2017, Just Anti-Corruption

In the latest news, Preet Bharara quickly finds a new job, US authorities intend to charge a Malaysian financier over the 1MDB scandal, and the SEC approves a settlement with former Magyar Telekom executive Elek Straub.

How the pilot programme has changed FCPA cases

How the pilot programme has changed FCPA cases

March 21, 2017, Just Anti-Corruption

GIR Just Anti-Corruption investigates the effect of the FCPA pilot programme since it was introduced in April 2016, by talking to defence lawyers who worked on recent settlements and analysing the data behind the cases.

FCPA Docket: Congressman calls for “private action” foreign bribery legislation

FCPA Docket: Congressman calls for “private action” foreign bribery legislation

March 20, 2017, Just Anti-Corruption

In the latest news, a congressman says individuals and companies should be able to bring actions under the FCPA, and a New York bank files a securities lawsuit against a Brazilian conglomerate over corruption related to Operation Car Wash.

Judge insists on May start for Magyar Telekom FCPA trial

Judge insists on May start for Magyar Telekom FCPA trial

March 16, 2017, Just Anti-Corruption

In pre-trial litigation with two former Magyar Telekom executives, the SEC has revealed how one executive, faced with an internal investigation by White & Case, downloaded software called “AbsoluteShield File Shredder”.

US closes FCPA probe into IT company within a year

US closes FCPA probe into IT company within a year

March 16, 2017, Just Anti-Corruption

After self-reporting possible FCPA violations to US authorities around 10 months ago, an information technology company has been told by the DOJ and SEC that the case has been closed without further action.

Boston prosecutor joins DLA Piper

Boston prosecutor joins DLA Piper

March 15, 2017, Just Anti-Corruption

Massachusetts assistant US attorney Eric Christofferson will work in the firm's litigation practice as a partner in its Boston office.

SEC initiates another FCPA inquiry into Cobalt’s Angola dealings

SEC initiates another FCPA inquiry into Cobalt’s Angola dealings

March 15, 2017, Just Anti-Corruption

The US Securities and Exchange Commission has opened an informal inquiry into a contract between Cobalt International Energy and Angola's state-controlled oil company, one month after the DOJ closed a foreign bribery investigation into the Houston-based business.

Bio-Rad launches new attack on former general counsel

Bio-Rad launches new attack on former general counsel

March 14, 2017, Just Anti-Corruption

After losing a wrongful dismissal lawsuit in February, pharmaceutical company Bio-Rad Laboratories has again attacked its ex-general counsel Sanford Wadler, arguing that an investigation into his FCPA allegations proved the former in-house lawyer’s "incompetence".

FCPA Docket: Shareholders go after Walmart for withholding documents

FCPA Docket: Shareholders go after Walmart for withholding documents

March 14, 2017, Just Anti-Corruption

In today’s news, plaintiffs suing Walmart in connection with a foreign bribery investigation say the retailer has defied a production order; and a prominent white-collar lawyer advises companies against rushing a decision on whether to self-report to the DOJ, in light of the recent announcement about the FCPA pilot programme.

Second Magyar Telekom exec agrees settlement in principle with SEC

Second Magyar Telekom exec agrees settlement in principle with SEC

March 13, 2017, Just Anti-Corruption

Facing a civil trial scheduled for May, the former CEO of Magyar Telekom, Elek Straub, has agreed to settle Foreign Corrupt Practices Act charges with the SEC, subject to confirmation from the commission.

Brooklyn judge rules against Fifa “privilege pact”

Brooklyn judge rules against Fifa “privilege pact”

March 13, 2017, Just Anti-Corruption

A New York federal judge ruled on 10 March against the validity of a common interest agreement between South American soccer association Conmebol and its former president, Juan Angel Napout.

SEC ends investigation of Platform Specialty Products

SEC ends investigation of Platform Specialty Products

March 13, 2017, Just Anti-Corruption

The US Securities and Exchange Commission has closed its foreign bribery investigation into a subsidiary of chemicals production company Platform Specialty Products.