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Friday Roundup

By on May 17, 2019 in Baker Hughes, Bezeq, FCPA Sentences, Internal Investigation Issues, Internet Gold – Golden Lines, James Lyon, JPMorgan, McKinsey & Co., Microsoft, Wal-Mart
Roundup

Sentenced, just saying, scrutiny alerts and updates, fallout, and what’s the difference? It’s all here in the Friday roundup.

Sentenced

As highlighted in this prior post, earlier this year Frank James Lyon (the owner of Lyon Associates Inc. – a privately held engineering and consulting company headquartered in Hawaii) pleaded guilty to violating the Foreign Corrupt Practices Act (based on things of value provided to officials in the Federated States of Micronesia) as well as paying bribes to an agent of an organization receiving federal funds (based on things of value provided to officials with a Hawaii governmental agency – State Agency).

As highlighted in this DOJ release, Lyon was recently sentenced to 30 months in prison.

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Friday Roundup

By on January 11, 2019 in Boeing, Ciena Corp, Collateral Effects, Deferred Prosecution Agreements, Demand for Bribes, Dmitry Firtash, DOJ, Electrobras, McKinsey & Co., Non-Prosecution Agreement, Odebrecht, Raul Gorrin Belisario, SEC, Third Parties, Treasury Department
Roundup

Interesting, from the DOJ’s perspective, pay them more, sanctioned, scrutiny update, exit, and for the reading stack. It’s all here in the Friday roundup.

Interesting

As highlighted here, in December 2016 Odebrecht S.A. (a Brazilian holding company) and Braskem S.A. (a Brazil-based petrochemical company in which Odebrecht owns a majority of voting shares) resolved a large FCPA and related enforcement action largely concerning conduct in Brazil including the companies relationships with Petrobras as well as allegations of improper payments in Angola, Argentina, Brazil, Colombia, Dominican Republic, Ecuador, Guatemala, Mexico, Mozambique, Panama, Peru, and Venezuela.

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Friday Roundup

By on June 29, 2018 in Egbert Yvan Ferdinand Koolman, FCPA Sentences, Lawrence Parker, Leighton Holdings, McKinsey & Co., SBM Offshore, Serious Fraud Office, Unaoil, United Kingdom
Roundup

Across the pond, sentenced, unremarkable, and nonsense. It’s all here in the Friday roundup.

Across the Pond

As highlighted in this prior post, in July 2016 the U.K. Serious Fraud Office announced:

“The SFO is conducting a criminal investigation into the activities of Unaoil, its officers, its employees and its agents in connection with suspected offences of bribery, corruption and money laundering.”

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Friday Roundup

By on January 19, 2018 in Amway, Canada, Chemring Group, Collateral Effects, Compliance, Deferred Prosecution Agreements, McKinsey & Co., Multilevel Marketing, Third Parties, Trump Administration, Year in Review 2017
Roundup

Scrutiny alerts and updates, ripple, didn’t fit the narrative, too far into the weeds, the emerging global facade of enforcement and for the reading stack. It’s all here in the Friday roundup.

Scrutiny Alerts and Updates

Amway

Multilevel marketing companies Avon and Nu Skin Enterprises previously resolved FCPA enforcement actions concerning conduct in China. (See here, here, here, here and here for prior posts). Multilevel marketing companies USANA and Herbalife are currently under FCPA scrutiny for its business practices in China.

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