This previous post highlighted the DOJ’s enforcement action against Anthony Mace (the former CEO of SBM Offshore) and Robert Zubiate (a former sales and marketing executive at a company subsidiary). As highlighted in this prior post, the Mace enforcement action, in particular, should be required reading for all corporate executives.
Yesterday, the DOJ recently announced that Mace was sentenced to serve 36 months in prison and a fine of $150,000 and Zubiate was sentenced to serve 30 months in prison and a fine of $50,000. All of the sentencing documents on the court’s docket were filed under seal.
