Commentary by James Treanor
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.
A U.S. District Judge for the Southern District of New York entered a Final Judgment on consent against a New York town and a construction company for allegedly hiding a "deteriorating financial situation" from municipal bond investors.
The Independent Community Bankers of America filed a class-action lawsuit against Equifax in connection with its recent cybersecurity breach.
John Cronan was named the acting Assistant Attorney General for the Department of Justice Criminal Division.
Deputy Attorney General Rod Rosenstein shared the details of a new Foreign Corrupt Practices Act Corporate Policy, which he said will bolster the DOJ's ability to recognize and address corporate criminal conduct.