In September 2015, Avon Products, Inc. reached a $62 million settlement in a class action brought by investors alleging securities fraud.  Specifically, the investors claimed that Avon intentionally mislead investors about the company’s compliance with the Foreign Corrupt Practices Act which, in turn, artificially inflated Avon’s stock price.

The class action followed Avon’s payment of

Copyright: kagenmi / 123RF Stock Photo
Copyright: kagenmi / 123RF Stock Photo

On July 14, 2015, the so-called P5+1 countries (United States, United Kingdom, Germany, France, Russia and China) and Iran agreed on the Joint Comprehensive Plan of Action (the “JCPOA”) to lift certain sanctions on Iran in exchange for Iran’s assurance and commitment not to pursue certain weapons proliferations activities.   On July 20, 2015, the United Nations Security Council unanimously endorsed the JCPOA.


Continue Reading Iran Nuclear Deal – The Joint Comprehensive Plan of Action

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Asia-Pacific Region
Copyright: kgtoh / 123RF Stock Photo

After many years of negotiations, the 12 countries making up the Trans-Pacific Partnership (TPP) (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam) finally reached a trade agreement on October 4, 2015.  Note that the