A direct selling company headquartered in California settled DOJ and SEC charges for violating the Foreign Corrupt Practices Act by bribing Chinese government officials. The company sells health and personal care products in over 90 countries.
A U.S. District Judge for the District of Connecticut reversed a jury verdict that found a former energy executive guilty of seven counts of violating the anti-bribery provisions of the Foreign Corrupt Practices Act.
A Wisconsin-based marketing solutions and printing graphics services provider settled SEC charges that it violated the Foreign Corrupt Practices Act, in connection with the conduct of various bribery schemes conducted by its subsidiaries in China and Peru.
On August 24, 2018, the Second Circuit affirmed a lower Court's ruling that the Foreign Corrupt Practices Act does not apply to non-resident foreign nationals unless they were either physically present in the United States or acting as agents of a U.S. entity when they committed their crimes.
A global commercial data provider agreed to pay over $9 million to settle SEC charges arising from unlawful payments that two of the provider's China-based subsidiaries allegedly made to government officials.
A Netherlands-based manufacturing company and its U.S. subsidiary agreed to pay $238 million in penalties to settle charges of Foreign Corrupt Practices Act violations related to the bribery of officials in several foreign countries.