U.S. Department of Justice (DOJ)

On April 5, 2016, the U.S. Department of Justice announced a significant increase in its efforts to enforce the Foreign Corrupt Practices Act (FCPA).

The DOJ’s three-step plan increases personnel dedicated to investigating FCPA violations, fosters international cooperation and coordination in ongoing investigations and further incentivizes companies to self-disclose FCPA issues.

We invite you to

Copyright: ricochet64 / 123RF Stock Photo
Copyright: ricochet64 / 123RF Stock Photo

On Monday, May 9, a large collection of data behind the Panama Papers was released by the International Consortium of Investigative Journalists (ICIJ).  The ICIJ published a searchable database that strips away the secrecy of more than 200,000 offshore entities created in 21 jurisdictions

The U.S. Securities and Exchange Commission has agreed to a $28 million settlement with software producer PTC, Inc. following allegations of bribes paid to Chinese officials between 2006 and 2011 in violation of the Foreign Corrupt Practice Act (FCPA).

In the administrative proceeding (No. 3-17118), the SEC alleged that two of PTC’s Chinese subsidiaries bribed

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