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NYSE And Nasdaq Modify Bright Line Tests For Director Independence The New York Stock Exchange (NYSE) and the Nasdaq Stock Market each recently modified certain bright line tests to be used when determining director independence for purposes of their corporate governance listing standards.

Today, January 11, is National Human Trafficking Awareness Day, and therefore a good time to revisit some recent litigation developments.

Soon after being sworn in, President Trump issued Executive Orders identifying top administration priorities: combating illegal immigration, drug cartels, and unlawful DEI practices.

On May 20, 2015, the U.S. Securities and Exchange Commission ("SEC") announced a $25 million settlement with Australian mining company BHP Billiton (the "Company") to resolve Foreign Corrupt Practices Act ("FCPA") charges arising from the Company's sponsorship of the 2008 Summer Olympics

The SEC entered into non-prosecution agreements ("NPA") with two unrelated companies on the condition they forfeit ill-gotten gains from bribes allegedly paid to Chinese officials by foreign subsidiaries.

This bi-annual Shearman & Sterling publication provides insightful analysis of recent trends and patterns and an invaluable compendium of all Foreign Corrupt Practices Act (FCPA) enforcement actions and private actions.

A recently disclosed bribery scandal related to the 2014 FIFA World Cup in Brazil, along with other anti-corruption developments in Brazil, has reinforced the importance of implementing effective compliance policies and procedures.

Whistleblowers who assist the US Securities and Exchange Commission, including those residing outside the US, may receive substantial bounties under the new whistleblower provisions of the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The U.S. Department of Justice is expanding its health care fraud enforcement capabilities through a data-driven approach, with two key units leading the charge. DOJ officials revealed how analytics and real-time monitoring are reshaping federal prosecutions, targeting corporate actors and individual executives with unprecedented coordination. What does this mean for health care providers who may become statistical outliers in the government's surveillance systems?

On 12 May 2016, the UK Ministry of Justice ("MoJ") announced that it would be considering whether to extend the scope of the UK Bribery Act's section 7 offence of a corporate failing to prevent bribery to other economic crimes such as fraud and money laundering.

The Supreme Court ruled today, in Southern Union v. United States, that juries must decide facts supporting the imposition of criminal fines.

Since the Bribery Act 2010 received Royal Assent in April 2010 it has been beset with criticism from the business community and subject to delay.

The United States Department of Justice has opened a new front on its war against allegedly fraudulent tax shelters. On November 12, 2008, the United States indicted a senior executive at UBS AG for tax evasion.

In United States of America ex rel Rene Shupe v. Cisco Systems, Inc. and Avnet, Inc., No. 13-40807 (5th Cir. July 7, 2014), the Fifth Circuit reversed a district court’s order denying a motion to dismiss a qui tam whistleblower suit, ..

Mizer emphasized a few points from the Yates memo, beginning with the one that has been most discussed...

The SEC charged a cannabis investment fund and its founder with securities fraud for allegedly using misleading marketing materials and deceptive sales pitches to lure investors.

The U.S. Securities and Exchange Commission announced three initiatives together with a promise to employ an increasingly proactive approach to discover fraudulent accounting and securities practices.