Mexico and Brazil have received special attention from the U.S. Department of Justice since October as the agency seeks to gain strong partners in its fight against transnational bribery through the Foreign Corrupt Practices Act, Deputy Attorney General James Cole...
By Don Dion: According to the New York Times, JPMorgan Chase (JPM), headed by chairman, president and CEO James "Jamie" Dimon, clandestinely hired Lily Chang at $75,000 a month to help improve the bank's clout in China. Who Is Lily Chang? The story has a fascinating element to it that would thrill a Hollywood script writer. Show More Summary
Charles Duross, the deputy chief of the U.S. Justice Department's Foreign Corrupt Practices Act Unit, delivered an ominous message Monday to in-house lawyers at the Association of Corporate Counsel's Annual Meeting in Los Angeles: Failure to report potential bribery is...
What's wrong with a little bribery in the name of pursuing profit?
The Polish Central Anti-Corruption Bureau and U.S. agencies are investigating potential violations of the Foreign Corrupt Practices Act by an employee of an indirect subsidiary of Hewlett-Packard in Poland, the company said in a filing Monday. Show More Summary
Juniper Networks shares fell 5.6 percent on Friday to $20.92 after the vendor revealed that it is under investigation for possibly violating U.S. Foreign Corrupt Practices Act.
Labour parliament member Chris Bryant says Murdoch's News Corp. should be processed under the Foreign Corrupt Practices Act for bribing public officials abroad. read more
The Justice Department sometimes drops Foreign Corrupt Practices Act cases without bringing charges, even when prosecutors find potential violations of the law. So how does a company obtain what Nathaniel Edmonds calls "the real golden carrot?"
A retired US diplomat and expert on the US Foreign Corrupt Practices Act was banned from entering Russia earlier this month, the New York Times said on Sunday.
Foreign Corrupt Practices Act: Lawyers and former federal prosecutors say deferred and nonprosecution agreements are becoming more common as companies realize cooperation and compliance with FCPA regulations could lead to reduced fines and spare them criminal actions. Amanda Bronstad has...
On Ralph Lauren’s agreement with prosecutors to settle charges under the Foreign Corrupt Practices Act that its agents improperly bribed officials in Argentina to allow goods to move through trade channels: “Disgorge is a curious description. The $593,000 is the amount they paid out in bribes, not the amount they took in. Disgorge usually refers [...]Show More Summary
Las Vegas Sands admitted that it likely violated the Foreign Corrupt Practices Act, but that's not a reason to sell the stock.
Late last week Las Vegas Sands admitted that it likely violated the Foreign Corrupt Practices Act, although it was mum on what the exact violations are. But is this a reason to sell the stock when Macau's gaming numbers are only getting...Show More Summary
Information disclosed last week about two prominent investigations are more evidence of how mindful companies need to be about the antibribery law.
Las Vegas Sands Corporation, run by billionaire Sheldon Adelson, has admitted in an SEC filing that it likely broke the law by violating the Foreign Corrupt Practices Act.
China begins a Parliament meeting this week will unveil the final personnel changes of a once-a-decade leadership transition, Las Vegas sands reveals 'likely' violations of the Foreign Corrupt Practices Act in China, odd things to do in Beijing and more.
Sands Storm: The company owned by billionaire and major Republican donor Sheldon Adelson has acknowledged that it likely violated the Foreign Corrupt Practices Act, a federal law that prohibits bribing foreign officials. That discovery was made public in the recently released Las Vegas Sands Corp.’s annual regulatory report. Show More Summary
New York (CNNMoney) – Las Vegas Sands Corp said it "likely" violated the federal Foreign Corrupt Practices Act, which prohibits American companies from bribing foreign officials. In a regulatory filing, the Las Vegas Sands Corp., run by controversial Republican party donor Sheldon Adelson, also admitted that the company was under investigation by the Department of [...]
(Reuters) - Las Vegas Sands Corp said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
An obscure settlement by I.B.M. over the Foreign Corrupt Practices Act has triggered questions from a federal judge about how much accountability the Securities and Exchange Commission should demand when it resolves a case.