Topic: FCPA

Biden administration makes “significant” anti-corruption push

“This is the most holistic and high-level push on anti-corruption that we have seen from any recent US administration,” said one anti-corruption expert.

04 June 2021

SEC drops Avianca investigation

Colombia’s national airline said the regulator decided not to bring an enforcement action against the company.

03 June 2021

Former in-house lawyer accuses Cognizant of “troubling” actions

A former Cognizant in-house lawyer charged with foreign bribery has raised concerns about a potential “spy” in his defence team. The allegations are tied to a legal fee dispute between the in-house lawyer and the company.

02 June 2021

FCPA enforcement is “in an entirely new” place, says acting criminal division chief

Nicholas McQuaid pointed to the DOJ’s more proactive efforts to sniff out violations, emphasising that it’s not just waiting around for companies to self-report. “I can assure you that there is more to come in 2021,” he said.

02 June 2021

In Cognizant FCPA case, a fight over investigation documents escalates

Former executives of a New-Jersey based information technology company expressed frustration that their former employer, Cognizant, has in their view improperly withheld vital information tied to their foreign bribery prosecution.

28 May 2021

DOJ makes move in old Canadian corruption case

Eight years after an energy company pleaded guilty in Canada to foreign bribery, the US unseals related charges against some of the individuals in the alleged scheme.

24 May 2021

Reed Smith partner moves to Blank Rome

Former Reed Smith partner Jennifer Achilles, who recently has been advising a Chinese business on an unusual FCPA-related lawsuit against a public US company, joins Blank Rome.

20 May 2021

Businessman gets probation in US after related bribery prosecution in Korea

A federal judge sentenced a New Jersey businessman to probation following his two-year prison term in Korea over the same bribery scheme.

19 May 2021

A Mexican agency’s dogged pursuit of life sciences companies over FCPA violations

Two US appeal courts have been asked to address the same question: To what extent does the UN Convention Against Corruption matter when deciding whether a foreign government agency is entitled to pursue damages caused by FCPA violations?

12 May 2021

FCPA Docket: Nokia secures damages from Ericsson

In today’s news round-up, Ericsson agrees to pay rival telecoms company Nokia $97 million over a foreign bribery scheme, and the DOJ finally moves to dismiss Och-Ziff’s DPA.

12 May 2021

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