The Justice Department will not prosecute Harris Corporation, a Florida-based defence contractor, over a Chinese acquisition that may have violated US foreign bribery laws, the company has announced.
Quad/Graphics, a Wisconsin-headquartered commercial printing company, has self-reported potential foreign bribery concerns to the Justice Department and the Securities and Exchange Commission.
5 May 2016: Parker Drilling files its latest DPA monitor report, and Spanish pharmaceutical company Grifols discusses the results of its internal investigation into bribery allegations in Italy with the Justice Department.
The Securities and Exchange Commission may at times prefer that companies avoid sharing certain information with overseas law enforcement authorities, an FCPA lawyer for the agency said on 3 May.
Investigations lawyer Kenneth Jull has left Baker & McKenzie for Gardiner Roberts in Toronto.
Alexander Koch, a former assistant director in the Securities and Exchange Commission’s enforcement division, has joined King & Spalding in Washington, DC, as partner in the firm's special matters and government investigations practice group.
The decision to self-disclose could have implications beyond the amount a company can receive off a criminal penalty, the acting head of the foreign bribery unit said on 2 May.
Companies must consider whether there is an ethical obligation to provide employees with legal representation in light of the DOJ’s refocus on individual liability, a Baker & McKenzie lawyer said on 2 May.
3 May 2016 – The DOJ looks into KBR and FMC Technologies in connection with the Unaoil corruption scandal, and hedge fund Och-Ziff sets aside US$200 million for an ongoing foreign bribery investigation.
Debevoise and Plimpton has announced that it has promoted two counsel to partner in the firm's white-collar and regulatory defence group in New York.
Canada’s highest court has ruled that the World Bank does not have to turn over documents from a corruption investigation into construction company SNC-Lavalin to defendants fighting related foreign bribery charges.
Just Anti-Corruption interviews Jennifer Arlen, the long-time NYU Law School professor who some have credited as influencing recent DOJ policy on white-collar and corporate enforcement.
The Justice Department has left unanswered questions about how it will require companies seeking declinations to disgorge ill-gotten gains, as part of its new policy outlined in the Foreign Corrupt Practices Act pilot programme.
US courts disagree whether Dodd-Frank protects individuals from retaliation if they only report misconduct to their employer. But in Congress, there are moves afoot to end the uncertainty and provide internal whistleblowers with unambiguous protection.
The Justice Department has clarified what it means when it says companies must deconflict their internal investigations from the government’s parallel probe to receive full cooperation credit, following a request from Just Anti-Corruption.
The criminal division’s new FCPA pilot programme is a scaled back version of a more ambitious proposal that was rejected last year by Deputy Attorney General Sally Yates, according to people with knowledge of the matter.