Region: United States of America

JPMorgan slapped with $250 million fine over compliance issues

The US Treasury’s Office of the Comptroller of the Currency handed JPMorgan Chase Bank a $250 million penalty over internal controls and audit failures.

24 November 2020

World Bank appoints new investigations director

The World Bank’s Integrity Vice Presidency has hired a new investigations director more than three years after the previous one left.

24 November 2020

Prosecutors rebuff Theranos founder’s privilege claim over company documents

US prosecutors have argued that Elizabeth Holmes, who founded medical device startup Theranos, cannot shield documents prepared by the company’s former lawyers from being presented at her upcoming fraud trial.

24 November 2020

DOJ’s increasingly aggressive wire fraud theories irk lawyers

US legal experts have commended a judge for striking out wire fraud charges in an emissions cheating case. Lawyers say the DOJ is repeatedly going too far with its wire fraud theories.

23 November 2020

Ex-Goldman Sachs banker attacks DOJ's internal controls theory

A former Goldman Sachs banker charged with foreign bribery in the 1MDB case has said US prosecutors are trying to “radically expand” the definition of the FCPA’s internal accounting controls provision.

23 November 2020

Russian company to plead guilty in export control case

US prosecutors have reached a plea deal with Russian company KS Engineering and its owner Oleg Nikitin over an alleged attempt to ship a gas turbine to Russia.

20 November 2020

McDermott hires Norton Rose partner

Carlos Ortiz, a former partner at Norton Rose Fulbright currently representing a company in the Fifa corruption case, has joined McDermott Will & Emery as a partner in the firm’s white collar defence practice in New York.

20 November 2020

US energy company fires general counsel amid bribery probe

20 November 2020

Litigation funder tries to block subpoenas linked to controversial Nigerian asset recovery deal

20 November 2020

Lawyers for Och-Ziff bribery victims: “This is a very unique fact pattern”

Wilson Sonsini partners Michael Sommer and Moe Fodeman tell GIR how they secured $138 million in restitution from a US hedge fund in a foreign bribery case.

19 November 2020

Get unlimited access to all Global Investigations Review content