Dorsey & Whitney LLP | USA | 22 Mar 2011
Anti-corruption enforcement activity is continuing to increase.
Dorsey & Whitney LLP | Kyrgyzstan, USA | 22 Mar 2011
Kyrgyzstan is implementing an innovative project to reduce foreign investors' exposure to corruption risk in the small and medium enterprise ("SME") sector.
Dorsey & Whitney LLP | USA | 22 Mar 2011
In early March, Kraft reported in public filings that the US Securities and Exchange Commission (the SEC) is investigating possible corruption at an Indian facility of the company's Cadbury unit.
Dorsey & Whitney LLP | USA | 22 Mar 2011
Maxwell recently reported that it will pay $14.35 million to settle FCPA charges brought by the SEC and the DOJ.
Dorsey & Whitney LLP | USA | 22 Mar 2011
Tyson, the processor of chicken and other food items, recently agreed to pay a $4 million criminal fine to resolve a DOJ complaint for FCPA violations as part of a deferred prosecution agreement and also agreed to pay $1.2 million in disgorgement and prejudgment interest to resolve an SEC complaint.
Dorsey & Whitney LLP | USA | 22 Mar 2011
Las Vegas Sands Corp. said it received a subpoena from the SEC requesting that the company produce documents related to its compliance with the Foreign Corrupt Practices Act (FCPA) according to a Bloomberg report.
Dorsey & Whitney LLP | USA | 22 Feb 2011
RINO International Corporation ("RINO"), a Nevada corporation with all of its operating subsidiaries and affiliates based in China, recently disclosed in a filing with the SEC that it is the subject of a formal investigation by the SEC, including with respect to Foreign Corrupt Practices Act ("FCPA") compliance.
Dorsey & Whitney LLP | USA | 22 Feb 2011
In late December 2010, the US Department of Justice (the “DOJ”) announced the unsealing of a criminal indictment against Jorge Granados and Manuel Caceres, former officials of Latin Node, Inc. (“Latin Node”); in 2009, Latin Node, a telecommunications company in Miami, had pleaded guilty to violating the FCPA by bribing foreign officials in Honduras and Yemen.
Dorsey & Whitney LLP | USA | 22 Feb 2011
French telecom company Alcatel-Lucent recently agreed to pay $137 million to settle an FCPA investigation by the DOJ and the SEC.
Dorsey & Whitney LLP | USA | 22 Feb 2011
At the end of 2010, Hewlett-Packard Co ("HP") announced that the US government was investigating whether current and former HP employees had paid kickbacks in several European countries.