Former transportation executive Mark Lambert, who was recently convicted of bribing a Russian official, has argued that two of the counts he was found guilty of should be struck off.
The DOJ and SEC have penalised Swedish telecoms company Ericsson for its lack of remediation as part of a $1 billion settlement to resolve charges that it bribed government officials in Asia and Africa.
Benjamin Greenberg, a former US attorney in the Southern District of Florida, is joining Greenberg Traurig.
The acting heads of the foreign bribery and healthcare fraud units in the criminal division’s fraud section are taking over on a permanent basis.
The criminal division's Matthew Miner has said that some companies should be able to secure a declination based primarily on their compliance efforts.
The head of the SEC’s foreign bribery unit played down talk of the agency using the FCPA’s accounting provisions to penalise anti-money laundering failures.
Criminal division chief Brian Benczkowski said that the DOJ will not take a sweeping position that parent companies should automatically be held liable for their subsidiaries’ misconduct.
Former Alstom executive Lawrence Hoskins asked a Connecticut federal court to throw out his recent foreign bribery conviction or grant him a new trial, arguing prosecutors had produced insufficient evidence of guilt.
“I think from the SEC point of view the answer is pretty clear: It's absolutely a good thing,” said a senior official in the securities regulator’s foreign bribery unit.
After several management departures over the summer, the DOJ’s foreign bribery unit has promoted two attorneys from within.
A WilmerHale partner is serving as the monitor for German dialysis maker Fresenius following the company’s FCPA settlement earlier this year. The pick is one of several recent appointments that suggest efforts are being made to address an apparent bias in monitor selections.
New guidance on how the DOJ approaches companies’ inability-to-pay claims coupled with a rise in multilateral enforcement actions could lead to more businesses arguing that they are too poor to pay proposed fines.