1,022 results found

On Tuesday, November 17, 2009, Attorney General Eric Holder announced President Obama’s Executive Order creating the Financial Fraud Enforcement Task Force ("Task Force").

As much as United States regulators and prosecutors have expanded their focus to the international sphere in recent years, other countries have intensified their scrutiny of US companies and individuals as well.

The Supreme Court’s recent unanimous decision overturning the conviction of the now defunct Arthur Andersen accounting firm for obstruction of justice is an important milestone for prosecutions based on the execution of document retention programs in the corporate and professional setting.

What Happened: The U.S. Department of Justice (DOJ) issued its first department-wide Corporate Enforcement and Voluntary Self-Disclosure Policy for corporate criminal matters.

A unanimous Supreme Court held in Abouammo v. United States that a defendant charged under 18 U.S.C. §1519 must be tried where the alleged falsification occurred, not where the targeted investigation...

On May 25, 2011, Securities and Exchange Commission ("SEC") adopted final rules implementing the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act").

Continuing a seven-year trend, 2013 has seen a continued surge in activity on the Foreign Corrupt Practice Act front, both with respect to noteworthy new judicial decisions impacting the FCPA’s applicability and significant enforcement actions brought by the Justice Department and the Securities and Exchange Commission.

On Thursday, September 15, 2022, Deputy Attorney General (DAG) Lisa Monaco announced a multi-prong clarification and amplification of her October 2021 policy pronouncements (October DOJ Memorandum)...

On August 1, 2024, the Department of Justice's (DOJ) Criminal Division launched a three-year Corporate Whistleblower Awards Pilot Program (the "Pilot Program").

On Tuesday, March 10, 2026, the United States Department of Justice (DOJ or the Department) released its first Department-wide corporate enforcement policy (CEP) for all corporate...

Companies should pay attention to the Weissmann Memo because the DOJ is increasing its FCPA unit by 50%, and the FBI now has three new squads with special agents devoted to FCPA investigations and prosecutions.

On Tuesday, October 8, 2019, Assistant Attorney General Brian A. Benczkowski announced, at the Global Investigations Review Live in New York, the release of a new policy ...

On July 30, 2016, the United States celebrated its National Whistleblower Appreciation Day.

On July 20, 2017, the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") penalized ExxonMobil Corp. and two of its U.S. subsidiaries (collectively, "ExxonMobil") $2 million for violations of the Ukraine-Related Sanctions Regulations.

In recent months the U.S. Securities and Exchange Commission (SEC) and the U.S. Department of Justice (DOJ) commenced investigations into the practice of backdating options awarded to directors and officers. Investigators are exploring whether certain companies backdated options to a time when the share price was lower in order to maximize the recipient’s financial benefit while preserving favorable executive compensation tax treatment.

Without prior notice, in September the UK's Serious Fraud Office withdrew its existing guidance on the Bribery Act 2010 and self-reporting.

The Supreme Court's June 20, 2016, ruling firmly establishes that certain "predicate acts" committed abroad may result in RICO liability.

This week, Joel Esquenazi, the former president of Terra Telecommunications Corp., received the longest sentence ever handed down in a Foreign Corrupt Practices Act prosecution: fifteen years in prison.