The Southern District of New York unsealed a complaint charging two individuals with violations of the Foreign Corrupt Practices Act and various other violations involving illegal payments to a Chinese energy company doing business in Chad and Uganda.
A Sweden-based telecommunications company agreed to pay $965 million to settle charges of Foreign Corrupt Practices Act violations for alleged bribes of a government official in Uzbekistan. If the criminal plea with the DOJ is approved in U.S. federal court, the combined resolution will mark the largest FCPA settlement ever.
Two former executives at Hungarian-based telecommunications company Magyar Telekom agreed to pay financial penalties in order to settle an SEC case alleging violations of the Foreign Corrupt Practices Act.
Rolls-Royce agreed to pay $800 million in a global settlement to resolve allegations by UK, U.S. and Brazilian authorities that the car manufacturer had conducted a long-running scheme to bribe foreign officials in exchange for assistance in obtaining government contracts.
Global medical device manufacturer Zimmer Biomet Holdings, Inc. settled criminal and civil charges brought by the DOJ and SEC after the company was found to have violated a 2012 agreement settling previous Foreign Corrupt Practices Act allegations.
The U.S. DOJ and the SEC announced criminal and civil Foreign Corrupt Practices Act-related settlements with a Kentucky-based manufacturer and distributor of copper, aluminum, and fiber-optic cable and wire.