Compliance professionals say the due diligence process before companies hire third parties is time-consuming, inefficient and needs to change.
The SEC has launched an administrative case against a former Merrill Lynch investment adviser amid allegations that he arranged bribe payments by Brazilian construction company Odebrecht.
Citing Usana’s cooperation efforts, the DOJ and SEC closed their FCPA investigations into the Utah nutrition company without enforcement action.
In today’s news round-up, the Supreme Court rejects a Macao billionaire’s bid to appeal his foreign bribery conviction, and the DOJ suggests a PetroEcuador defendant should be sentenced to nine years.
On 29 June via videoconference, a Brooklyn federal judge sentenced Alfredo Hawit to time served and two years of supervised release for accepting bribes in exchange for awarding lucrative media rights at soccer events.
Neil Smith, David Peet and Nicholas Perkins at K&L Gates say the Supreme Court’s recent disgorgement ruling will affect FCPA settlement negotiations for years.
The White House announced President Trump's intent to nominate Vijay Shanker, a senior litigation counsel in the Criminal Division’s fraud section, to serve as an associate judge on the local DC appeals court.
Despite concerns about political interference in DOJ cases, the DC Circuit once again said judges have extremely limited oversight powers of prosecutorial charging decisions.
DOJ criminal division chief Brian Benczkowski said the pandemic has slowed the production of evidence from and into the US.
The Criminal Division’s fraud section has picked a department veteran to lead the newly formed Special Matters Unit.
GIR is one of three publications that have moved to open up proceedings in a US Department of Justice case against the Ahsani brothers.
“He is quiet, eerily so in the beginning. I was like, ‘Why doesn't he ask more questions?’ But he just listened – that's who he is.”