Paul W Sharratt
Paul Sharratt, a twenty-year veteran of the SEC, is a senior counsel in the regulator’s FCPA unit. He is based in Washington, DC.
Sharratt earned his undergraduate and law degrees from the State University of New York at Buffalo, graduating in 1991. He also holds a master of laws degree in taxation from Georgetown University Law Center, which he gained in 2000.
Before joining the SEC, Sharratt spent nearly six years as a trial attorney at the US Department of Justice, which he entered through the DOJ’s honours programme.
At the SEC, Sharratt conducted an investigation into US cosmetics company Avon Products, which paid US$135 million to settle FCPA charges by the SEC and DOJ in 2014. The SEC said in a press release that Avon had failed to detect and prevent payments and gifts to government officials by employees and consultants of its Chinese subsidiary.
Earlier in his career, Sharratt was also involved in an FCPA investigation into ITT Corporation, an American manufacturing company, which in 2005 settled charges that it paid more US$200,000 in bribes to employees of various state-owned companies in China. Under the SEC’s agreement, ITT agreed to pay a US$250,000 civil penalty, and approximately US$1.43 million in disgorgement and prejudgment interest.
Outside the FCPA, Sharratt has been involved in a number of cases, including one against eight former executives of StarMedia Network, an Internet portal company, over false books and records.