Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in travel and entertainment expenses (31)

Tuesday
Aug082017

MTS Systems says FCPA probes have ended

Minnesota-based MTS Systems Corporation said Monday that FCPA investigations related to China and Korea are complete and the DOJ and SEC aren't bringing enforcement actions.

Click to read more ...

Thursday
Nov262015

PTC ups reserve for FCPA settlement to $28.2 million

Technology firm PTC Inc. said in a securities filing Monday it has reserved $28.2 million for a possible settlement with the DOJ and SEC of apparent FCPA offenses in China.

Click to read more ...

Wednesday
May202015

BHP Billiton pays $25 million to settle Olympics FCPA offenses

The Securities and Exchange Commission Wednesday charged global resources company BHP Billiton with violating the Foreign Corrupt Practices Act when it sponsored foreign government officials as guests at the 2008 Summer Olympics in Beijing.

Click to read more ...

Tuesday
Mar032015

How do pharmas pay bribes? The SEC counts the ways

In a speech Tuesday at CBI's Annual Pharmaceutical Compliance Congress in Washington D.C., the head of the SEC's enforcement division, Andrew Ceresney, left, talked about the most common ways pharmas violate the FCPA.

Click to read more ...

Tuesday
Dec162014

Bruker Corporation pays $2.4 million in FCPA settlement with the SEC

Image courtesy of BrukerThe Securities and Exchange Commission Monday charged Bruker Corporation with violating the Foreign Corrupt Practices Act by paying for sightseeing trips and shopping expenses for Chinese government officials responsible for buying the company's products.

Click to read more ...

Thursday
May012014

Avon ‘reaches understanding’ to pay $135 million for FCPA settlement

Beauty products company Avon said Thursday it has "reached an understanding" with the DOJ and SEC for settlement of FCPA offenses.

Click to read more ...

Thursday
Apr242014

SEC recommends action against Qualcomm

Qualcomm Inc, the world’s biggest mobile chipmaker, could face a FCPA enforcement action over alleged bribery to officials in China’s state-owned firms, the company disclosed in an SEC filing Wednesday.

Click to read more ...

Tuesday
Aug132013

Second subpoena in SciClone China probe

SciClone Pharmaceuticals Inc. said Friday that an investigation launched three years ago into possible FCPA violations in China is ongoing and the SEC has issued a new subpoena focused on ‘sales and marketing expenses’ by its NovaMed unit there.

Click to read more ...

Thursday
Aug082013

Problem du jour: Dealing with travel agents

The risks of working with travel agents are coming to light amid recent allegations that at least one agent in China and maybe many more used slush funds to make illicit payments on behalf of a pharmaceutical client.

Click to read more ...

Thursday
Aug012013

Feds reject Avon settlement offer

Avon Products Inc. said in a quarterly filing Thursday that the DOJ and SEC rejected an offer in June to settle an ongoing FCPA investigation for $12 million and have not yet made any counter offers.

Click to read more ...

Saturday
Jul272013

More arrests, confessions reported in China pharma scandal

China state media reported Friday that police have detained 18 more people in the growing bribery investigation of U.K. drug maker GlaxoSmithKline.

Click to read more ...

Friday
Jul262013

Finally, a thumbs up for IBM settlement 

After a wait of two years, a federal judge Wednesday granted final approval for IBM's settlement with the SEC of civil FCPA charges.

Click to read more ...