Albemarle corporation, agreed to a $2.8 million payment in penalties and disgorgement to the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) to settle Foreign Corrupt Practices Act (FCPA) violations related to bribery in Vietnam, India, and Indonesia. According to the DOJ, Albemarle conspired to pay bribes to government officials in these countries […]
The U.S. Department of Justice (DOJ) announced last Tuesday a $1.18 billion dollar agreement was reached by Glencore International A.G. and Glencore Ltd. (collectively Glencore), part of a British-Swiss world-spanning, commodities and mining company, headquartered in Switzerland to resolve a four-year investigation into a violation of the Foreign Corrupt Practices Act (FCPA) and a “commodity […]
Stericycle’s Rapid Global Expansion with Lack of Due Diligence and Compliance Program Cost $90M in FCPA Violation Fines Global markets continue to be the domain of the largest corporations. However, developments in technology, transportation, and communications, international markets, customers, professionals, and resources have opened global markets to smaller firms. The potential benefits, conceal certain inherent […]
