Companies always debate how much they should cooperate with a government investigation. Two recent settlements with the U.S. Department of Justice suggest that extra cooperation has its rewards.
Kellogg Brown & Root now KBR, Inc. and Siemens AG both agreed to pay big to resolve claims that they violated a federal law against bribing foreign government officials. But their settlements read very differently. U.S. authorities praised Siemens for its extensive cooperation, and the company’s fine was only a third of the minimum suggested under federal sentencing guidelines. By contrast, KBR received no similar compliments, and it must pay a fine that’s higher than the suggested minimum.
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