At the end of 2008, Siemens AG agreed to pay a record $1.34 billion to settle charges of violating the Foreign Corrupt Practices Act (FCPA).
At the close of 2009, it was reported that record levels of FCPA violations were investigated by the Department of Justice and the Securities and Exchange Commission — 2009 was the fourth time in the past five years that these activities had reached an all-time high. We are seeing a parade of high-profile corporations moving from the boardroom to the courtroom to defend their practices.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
