fbpx
News
October 20, 2017

In the News Today – October 20, 2017

By Harold Kim, Executive Vice President, U.S. Chamber Institute for Legal Reform

For any corporate leader, a letter from the Department of Justice or SEC announcing an inquiry into an employee’s or contractor’s interactions with foreign officials can be about as welcome as a call from your doctor to come see him about the results of your recent medical test.

For 40 years, the Foreign Corrupt Practices Act has made it a serious crime to use bribery to win a business advantage from foreign officials. Violations have resulted in tens of millions of dollars in fines. Executives have been hit with stiff prison sentences. Corporations have been forced to spend millions of dollars—even hundreds of millions of dollars—defending themselves.

Yet bribery rarely begins as a corporate-level initiative, at least among U.S. companies. It is most often the result of a misguided or rogue individual or contractor. The impact of a bribery investigation, however, is virtually always felt at the corporate level. That’s one reason why U.S. corporate leaders have not…

Read the full story on Compliance Week

cell phones and tcpa Blog Will “Mini-TCPA” Laws Create a New Cottage Industry of TCPA Lawsuits? Telephone Consumer Protection Act (TCPA) Blog Frequent Filers Causing a Rise in Securities Fraud Class Actions Telephone Consumer Protection Act (TCPA) Podcasts Episode 25: State TCPA Legislation on the Rise Telephone Consumer Protection Act (TCPA) News "How 6th Circ. May Resolve District Court TCPA Exception Split" Telephone Consumer Protection Act (TCPA) News TCPA Defendant Turns Tables, Scores $2.2M Verdict Against “Lawsuit Factory” Telephone Consumer Protection Act (TCPA)

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings