Topic: Declination

DOJ declines to charge US biomedical company for Mexico bribery scheme

The DOJ said Lifecore Biomedical voluntarily self-disclosed the corruption scheme within three months of opening an internal investigation and quickly remediated the misconduct, which occurred as it was acquiring another company.

17 November 2023

Records show decline in new FCPA cases at SEC continues

Lawyers say the continued downturn in new cases at the SEC’s foreign bribery unit could be related to DOJ guidance on self-disclosure and sanctions.

15 November 2023

Ex-Cognizant executives’ trial scheduled for May

The trial of two Cognizant executives accused of bribing officials in India has also been assigned to a new judge.

08 November 2023

Need for speed “overblown” by defence bar, Polite says

As he heads to Sidley Austin, the former DOJ criminal division chief also said a report about Deputy Attorney General Lisa Monaco leading with a "heavy hand" echoes a criticism often directed at women in power.

03 October 2023

Former Cognizant execs’ trial on hold indefinitely

A New Jersey judge ruled to put on hold the trial of two former Cognizant executives accused of bribery because a key government witness is unable to travel.

28 September 2023

Albemarle agrees in-principle FCPA resolutions

The North Carolina-based chemicals producer set aside $218.5 million to resolve foreign bribery probes by the DOJ and SEC.

03 August 2023

Unlock unlimited access to all Global Investigations Review content