Comverse Technologies Inc. (CTI), a New York based provider of software for communication and billing services, resolved Foreign Corrupt Practices Act (FCPA) enforcement actions brought by the DOJ and SEC arising out of the acts of an indirectly owned overseas subsidiary and the subsidiary’s third party agent. CTI resolved the DOJ investigation via an NPA,… Continue Reading
Monthly Archives: April 2011
Washington, London and Athens Come Calling for Johnson & Johnson
Posted in Foreign Corrupt Practices Act, Industry InvestigationsIn a sign of things to come, Johnson & Johnson (J&J) and J&J wholly-owned subsidiaries Depuy, Inc. (DePuy) and DePuy International Limited (DePuy International) resolved corruption related investigations on both sides of the Atlantic on Friday, April 8. Conduct J&J, a New Jersey based issuer, resolved FCPA enforcement actions brought by the DOJ and SEC… Continue Reading
Has the DOJ’s Ship Sailed from Bonny Island?
Posted in Industry Investigations, Oil & GasWith the last member of the infamous TSKJ joint-venture resolving FCPA charges this week, has the DOJ finally closed the door on its very lucrative Bonny Island investigation? JGC, a Japanese company headquartered in Yokohama, Japan, resolved an FCPA enforcement action brought by the DOJ concerning JGC’s participation in the Bonny Island, Nigeria, bribery scheme. … Continue Reading