Business Crimes Hotline
November 30, 2015
A look at a case out of California in which a former DEA agent was sentenced for extortion, money laundering, and obstruction of justice.
Anticorruption Enforcement In Brazil
November 30, 2015
Last month, the authors discussed the rise in high-profile corruption investigations in Brazil, the most glaring example of which is the Petrobras scandal, which is currently sweeping up corporations and politicians alike in its wake. Considering this increased emphasis on rooting out corruption, the authors noted it would be wise for companies operating in Brazil to pay careful attention to their operations there, to ensure compliance with Brazilian and other countries laws. That discussion concludes herein.
In the Courts
November 30, 2015
Analysis of a ruling by the Second Circuit in which three insurance brokers were convicted for an elaborate defrauding scheme.
<i>Fokker</i> and Its Aftermath: The Irony and the Legacy
November 30, 2015
While recent years have seen a rash of decisions rejecting civil settlements between the SEC and corporate defendants, <I>United States v. Fokker Services B.V.</I> represents the first time that a federal court has rejected an agreement in the criminal context.
Lessons from the $148M Fraud by Dole's GC and CEO
November 30, 2015
Last month, we discussed the fact that the Delaware Chancery Court ordered Dole Food Co. Inc. CEO David Murdock and COO and General Counsel C. Michael Carter to pay Dole shareholders $148 million for fraud in connection with the company's 2013 take-private deal. The Aug. 27 decision is one of the largest awards ever to shareholders in a deal-related lawsuit. We conclude this discussion herein.
Anticorruption Enforcement in Brazil
November 02, 2015
Brazil's push to fight corruption has been steadily gaining steam over the last year, as the wide-ranging Petrobras scandal has continued. Now the Petrobras scandal may become increasingly multinational as prosecutors have announced a U.S. 'connection that could make the DOJ and SEC active 'participants.
Lessons from the $148M Fraud by Dole's GC and CEO
November 02, 2015
The Delaware Chancery Court ordered Dole Food Co. Inc. CEO David Murdock and COO and General Counsel C. Michael Carter to pay Dole shareholders $148 million for fraud in connection with the company's 2013 take-private deal. The Aug. 27 decision is one of the largest awards ever to shareholders in a deal-related lawsuit.
In the Courts
November 02, 2015
Analysis of a recent ruling in which the United States District Court for the Eastern 'District of New York issued an opinion in support of the sentencing of Ion Catalin Vrancea, who was convicted on multiple counts in 'November 2013.
Cracking the FCPA Code: Interpreting Recent DOJ and SEC Enforcement and Messaging
November 02, 2015
Notwithstanding expectations of a shift in government enforcement priorities, after more than a decade, FCPA enforcement still shows no signs of slowing down. Indeed, the last two years each welcomed two new members to the list of 10 largest corporate enforcement matters: Total and Weatherford in 2013, and Alstom and Alcoa in 2014.
