Global Investigations Review - The law and practice of international investigations
A shareholder in General Cable has asked a Delaware court to compel the Kentucky-based manufacturer of industrial cable products to turn over an audit report, emails and other documents tied to a recent foreign bribery settlement with US authorities.
Almost six years after being charged by the US Department of Justice with bribing officials in Haiti, a former telecoms executive is finally contesting the allegations in court.
Dutch-based financial services corporation ING Group has revealed it is the subject of investigations by Dutch and US authorities.
President Donald Trump’s nominee for SEC chair, Jay Clayton, downplayed conflict concerns, highlighted the importance of individual accountability, and avoided meaningful talk about the FCPA, during his confirmation hearing.
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.
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.
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.
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”.
The acting assistant attorney general of the criminal division on 10 March said the US Department of Justice was still deciding whether to renew its one-year Foreign Corrupt Practices Act pilot programme, but that the self-reporting scheme would continue in the meantime.
In today’s news round-up, the secretary of state reportedly defends the Foreign Corrupt Practices Act and the Ninth Circuit rules on whether employees who report misconduct internally are protected by Dodd-Frank’s whistleblower provisions.
General counsel from a number of large multinational companies gave their verdict on the Justice Department’s Foreign Corrupt Practices Act pilot programme and new guidance on corporate compliance, during a white-collar conference in Miami.
Miller & Chevalier lawyers Laura Ferguson and Amelia Hairston-Porter argue why a Manhattan federal court incorrectly ruled that the SEC has jurisdiction over former Magyar Telekom executives charged with foreign bribery.