US government: “SFO hasn’t got its boots on” in Lynch fraud case

The US’s prosecution of UK entrepreneur Michael Lynch is ready to go while the UK would take “several years” to get into the same position, a London court has heard.

12 February 2021

ITC imposes import restrictions on South Korean battery maker

A US trade body has banned electric battery maker SK Innovation from importing certain products into the US in connection with a trade secret theft dispute with a South Korean rival.

12 February 2021

Whistleblower tips soar amid pandemic

The pandemic has emboldened whistleblowers to come forward like never before, say investigations specialists.

12 February 2021

DOJ discusses possible deal with former Braskem CEO

The former executive, charged with foreign bribery, had argued that the DOJ doesn’t have the authority to bring the case because it is time-barred and lacks a sufficient connection to the US.

12 February 2021

More US sanctions on Russia expected

Companies across the globe should be preparing for more US sanctions on Russia as President Biden is expected to take a tougher approach to the country than his predecessor.

12 February 2021

EDVA pushed for more corporate fraud cases

In recent years, the leadership at the US Attorney’s Office for the Eastern District of Virginia made a concerted effort to secure more major corporate crime cases. “There was a definite effort to woo the Fraud Section,” said one former prosecutor.

11 February 2021

Chinese hotel company claims review disproves short seller allegations

Chinese hotel group Huazhu says that a recent internal investigation has refuted allegations that it lied about the size of its portfolio of properties to produce fake financial statements.

11 February 2021

Ex-Petrofac executive’s sentencing delayed

A London court has adjourned the sentencing of former Petrofac executive David Lufkin, who has pleaded guilty to 14 counts of bribery.

11 February 2021

Whistleblowing: Effective handling of whistleblower allegations at financial institutions

Polly James and Catherine Turner at Bryan Cave Leighton Paisner in London explore what makes investigating whistleblower disclosures particularly tricky, what mindset is required to conduct these investigations successfully, and what best practice for conducting them might look like.

11 February 2021

Exercising right to silence “easier” for individuals after ECJ insider trading ruling

Lawyers across the EU have welcomed a European court ruling that clarifies an individual’s right to silence in regulatory market abuse investigations.

10 February 2021

Get unlimited access to all Global Investigations Review content