Swiss-based ABB Pays Over $300 Million For Its Third FCPA Fine
Swiss-based technology company ABB Ltd. announced a resolution of criminal charges relating to a bribery scheme in South Africa. The resolution will result in ABB paying over $315 million in fines and penalties for what is the company’s third bribery related fine from U.S. regulators. The Violations ABB is listed on the NYSE, and as a result, […]
WhatsApp, Bribery and Kim Kardashian – SEC Fines This Month
At the end of every month, the SEC publishes a Notice of Covered Action (NOCA) for enforcement actions where penalties exceeded one million dollars. In November, the SEC published 15 NOCAs for a combined total of over $1.4 billion in fines. The headline cases were: Summaries of November’s NOCAs are below, and remember, once a NOCA is […]
5 Common Mistakes When Reporting FCPA Violations
Article by John Peterson, Managing Attorney The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits bribery. If you’d like to learn more about how to report FCPA violations, feel free to check out our previous posts on reporting FCPA violations here and here. In this post, we will look at some common mistakes people make when reporting FCPA […]
How to Become An FCPA Whistleblower – Five Simple Steps
Article by Managing Attorney, John Peterson If you work at a company that sells products or services outside the U.S., you may have heard of the Foreign Corrupt Practices Act (FCPA). The FCPA is a law that prohibits paying bribes to foreign government officials (to learn more about FCPA violations read our guide here). If you know of […]
Corporate Accountability Leadership Series: Avery Kelly
When it comes to tackling bribery and corruption, corporate accountability is an important part of ensuring that wrongdoers are brought to justice, and corporations are deterred from engaging in illegal conduct. In this month’s episode of our leadership series, I had the pleasure of interviewing Avery Kelly. Avery is a Staff Attorney at the non-profit organization Corporate […]
5 Things To Consider Before Blowing The Whistle On Your Employer
Thinking about blowing the whistle on your employer? Learn how FBR can protect your whistleblower anonymity & set you up for success. Talk with an attorney.
Stericycle (NASDAQ: SRCL) Pays $84 Million to Settle FCPA Charges
Today the DOJ and SEC announced that Illinois based Stericycle would pay over $84 million dollars to settle charges that it violated the Foreign Corrupt Practices Act (FCPA). The Allegations Stericycle was alleged to have caused hundreds of bribes to be made to government officials in Brazil, Mexico, and Argentina to boost its business there. For example, […]
How to Report FCPA Violations
Article by John Peterson, Managing Attorney, FBR. The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits bribery. The FCPA is enforced by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). Both agencies regularly issue fines to companies for violating the FCPA and pursue violations aggressively. In addition, the […]
What is the US Foreign Corrupt Practices Act – FCPA?
Article by John Peterson, Managing Attorney, FBR. The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits bribery of foreign (non-U.S.) government employees. If you think you have information on an FCPA violation, we suggest that you speak to an attorney immediately, as you may be entitled to a reward for reporting it. […]
SEC Whistleblower Guide 2022: How to Fill In SEC Form WB-APP
Article by John Peterson, Managing Attorney, FBR. Filling out the Form WB-APP is one of the last and most important steps in claiming a whistleblower award. But failing to fill out the Form correctly, or not submitting it on time, could mean losing your reward. That’s why we always recommend that you seek the assistance […]
