Topic: FCPA

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

Four defendants in PDVSA scheme sentenced to combined six years

A Houston federal court sentenced several individuals involved in one of the many bribery schemes at Venezuela’s state oil company.

07 May 2021

DOJ ends FCPA probe into packaging company

Pactiv Evergreen, a food and drink packaging company, said in a securities filing on 6 May that the US Department of Justice closed its investigation into the company regarding possible bribery violations in China.

07 May 2021

Former Transport exec sentenced to two years for uranium bribery scheme

The executive, who pleaded guilty and cooperated with the US government, was sentenced to significantly less than his former colleague, who went to trial and lost.

30 April 2021

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