Among the very, very latest trends in securities class
action lawsuit filings are suits against for-profit educational companies. Just
since the middle of last week, at least five companies in this sector have been
tagged with new lawsuits, four of which were securities class actions.
month, in the FCPA Blog , Bruce Hinchey discussed his upcoming
publication, " Punishing the Penitent: Disproportionate Fines in Recent
FCPA Enforcements and Suggested Improvements " which analyzes
differences between bribes paid and penalties levied against companies that do...
One of the more enjoyable aspects of a baseball
season is its length. The fortunes of a team can ebb and flow over the course
of a 162 games season. So even if a team starts out abysmally, it can pick
things up over the course of the spring and summer and give some hope to the
team in September and...
Speaking at the IQPC 2010 Internal and Regulatory Investigations in Oil and Gas
Conference , Dominic Sheils, Compliance Counsel for John Wood Group PLC, and
James W. Noe, Senior Vice President, General Counsel and Compliance Officer for
Hercules Offshore, Inc., discussed two different approaches to...
In a recent posting, the FCPA Blog posed the question of whether a company employee
was warned "that concealing information from company lawyers conducting an
internal FCPA investigation could be a federal crime?" The FCPA Blog raised
this question in the context of a company's internal...
In a White Paper released today by the US Chamber
Institute for Legal Reform, entitled " Restoring
Balance-Proposed Amendments to the Foreign Corrupt Practices Act ",
authors Andrew Wiessmann and Alixandra Smith argue that the time is ripe to
amend the Foreign Corrupt Practices Act (FCPA...
In what the FCPA Blog termed a day of making history "for the most
companies to simultaneously settle FCPA-related violations, [the] Global
logistics firm Panalpina and five of its oil-and-gas services customers
resolved charges with the DOJ and SEC, and another customer settled with the
In November, 2009 the Organization for Economic and Co-operation and Development (OECD)
announced a new recommendation at the OECD's celebration of "International
Anti-Corruption Day" and the Tenth Anniversary of the " Entry into Force of the OECD Anti-Bribery Convention "....
"We are in a new era of FCPA enforcement" Assistant AG Lanny Breuer declared in remarks at a conference
on Tuesday . The Department of Justice is stepping up FCPA enforcement,
which is good for business, despite the contention of some critics.
Increased enforcement is reflected in by a...
FCPA enforcement has been marked by the aggressive
approach adopted in recent years by The Department of Justice and the SEC. As
Acting Deputy Assistant Attorney General Greg Andres told a Senate Committee
this week "over approximately the last two years, we have substantially
In a webinar on December 2, 2010, Michael Volkov, partner
in the law firm of Mayer Brown and Ryan Morgan, Sales and Alliance Director of
World Compliance, discussed the implications of the Foreign Corrupt Practices
Act (FCPA) to mergers and acquisition.
They advise that businesses which seek to...
At what the FCPA
Blog termed "an unprecedented investigation into the Department of
Justice's (DOJ) enforcement of the Foreign Corrupt Practices Act (FCPA)", on
November 30, 2010, at a hearing entitled the " Examining Enforcement of the
Foreign Corrupt Practices Act " before...
The prognosticators have now spoken (yet again) and
decreed that the Houston Astros will be this year's worst team in baseball. We
are well into the first week of Spring Training and the Houston
Chronicle has reported that Baseball Prospectus has predicted only 67 wins
for the hometown heroes...