FCPA & Anti-Corruption Score Card
U.S. Enforcement Activity and News
2012
2011
- December 29, 2011 - Deutsche Telekom AG and Magyar Telekom Plc. resolve FCPA enforcement actions with DOJ and SEC for combined penalty exceeding $95 million.
- December 2011 - SEC posts complete list of FCPA enforcement actions.
- December 13, 2011 - US DOJ indicts eight former Siemens executives as US SEC charges seven, in continuation of long-running FCPA enforcement action.
- October 13, 2011 - Watts Water and former employee settle China-rletaed FCPA matter with SEC.
- September 15, 2011 - Japanese giant Bridgestone Corp. pleads guilty to FCPA and Sherman Act violations, paying $28 million fine.
- July 27, 2011 - SEC charges Diageo PLC, one of the world’s largest producers of premium alcoholic beverages, with widespread FCPA violations
- July 13, 2011 - Superseding indictment adds four additional defendants to long-running FCPA case regarding Haiti telecommunications activity
- July 13, 2011 - Armor Holdings Inc. settles FCPA enforcement action with DOJ and SEC for a total of $16 million, including non-prosecution agreemtn with DOJ
- June 14, 2011 - House Judiciary Committee, Subcommittee on Crime, Terrorism, and Homeland Security holds hearing on Foreign Corrupt Practices Act
- May 17, 2011 - SEC enters first deferred prosecution agreement with pipe manufacturer Tenaris S.A. over FCPA-implicated conduct in Uzbekistan. Company agrees to pay $5.4 million to SEC and $3.5 million to DOJ in parallel deferred prosecution agreement.
- April 8, 2011 - Johnson & Johnson settles FCPA enforcement action with DOJ and SEC for combined sanction of $70 million, and enforcement action with U.K. Serious Fraud Office for £ 4.29 million, for conduct related to Greece, Poland, Romania, and Iraq
- April 6, 2011 - Final partner of Bonny Island’s TSKJ consortium, JGC Corporation, settles FCPA charges with deferred prosecution agreement and $218 million criminal penalty
- March 24, 2011 - Ball Corporation settles FCPA action with SEC for $300,000
- March 21, 2011 - FINRA issues Regulatory Notice 11-12 entitled, "Foreign Corrupt Practices Act: FINRA Reminds Firms of Their Obligations Under the Foreign Corrupt Practices Act." The Notice "provides a brief overview of the FCPA and discusses the application of the anti-bribery prohibitions to member firms."
- March 18, 2011 - IBM settles FCPA enforcement action with SEC, related to conduct in China and South Korea, for $2 million penalty and $8 million disgorgement and prejudgement interest
- March 11, 2011 - Jeff Tesler, former agent on Bonny Island, Nigeria, LNG project, pleads guity to FCPA violations and forfeits over $148 million
- February 10, 2011 - Tyson Foods resolves FCPA enforcement action involving Mexico for a total of $5.2 million
- January 31, 2011 - Maxwell Technologies, Inc. settles China-related FCPA Enforcement action with DOJ and SEC for a total of $13.65 million
- January 24, 2011 - Former Innospec CEO settles FCPA action with SEC
International Anti-Corruption News and Resources
