Topic: FCPA

Tenaris to pay $78 million to SEC to resolve FCPA allegations

The business paid millions in bribes to a Brazilian official, using a shell company it controlled, according to the US Securities and Exchange Commission.

03 June 2022

FCPA Docket: Martinelli forfeiture, Millicom cooperates in DOJ probe

The Martinelli brothers were ordered to forfeit $18 million each in bribery scheme; Millicom says it’s working with the DOJ on an investigation about its operations in Guatemala.

31 May 2022

Glencore pays more than $1 billion in four-agency settlement

The Swiss commodities trader admitted paying bribes throughout Africa and South America in settlements with four agencies in the US, UK and Brazil. Corruption probes in Switzerland and the Netherlands, however, continue.

25 May 2022

Adoption agency boss given jail time

The case also considered whether defunct companies may assert privilege to protect documents from discovery.

23 May 2022

Martinelli brothers get three years for Odebrecht

The sons of former Panama president Ricardo Martinelli will also pay a fine of $250,000 each for their role in Latin America’s highest profile bribery scheme.

23 May 2022

Goldman Sachs, bank executives reach settlement with shareholders

The bank will receive almost $80 million from insurers on behalf of current and former Goldman Sachs executives to enhance its compliance programmes.

16 May 2022

Judge clarifies Cognizant privilege ruling

In a searing order, a New Jersey federal judge said the company cannot redact internal investigation documents that two former Cognizant executives are entitled to review.

05 May 2022

Waste management company agrees foreign bribery settlement

Stericycle will pay at least $84 million to resolve US and Brazilian investigations into an international bribery scheme in Latin America.

20 April 2022

Cognizant deputy GC to join Unisys

Featured in In-house

The information technology company has hired Claudius Sokenu, a former SEC lawyer with extensive experience advising large businesses on FCPA investigations, to lead the company’s legal, ethics and compliance functions.

20 April 2022

DOJ’s FCPA accounting theory is not overly broad, says Brooklyn judge

A Brooklyn federal judge explained why she denied Roger Ng’s move to nix one of his FCPA charges at the 1MDB trial.

11 April 2022

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