Compliance

In a new blog post, Saul, Ewing, Arnstein & Lehr’s Patrick Hromisin and Justin Danilewitz recap the oral arguments in Digital Realty Trust, Inc. v. Somers, a case before the Supreme Court that will interpret the term “whistleblower” under the Dodd-Frank Act and how to apply that term to the law’s anti-retaliation language. At issue is whether […]

Despite the COVID-19 pandemic, the SEC entered into a settlement with Italian petro firm Eni for $24.5 million for FCPA violations. In another matter, the SEC filed an FCPA case against a former Goldman Sachs executive for bribery in connection with business on behalf of a client in Ghana. In this 20-minute episode of “Corruption, […]

José Luis De Jongh Atencio, a dual U.S.-Venezuelan citizen, and a former official at Citgo Petroleum of Houston, has been charged with laundering bribes to corruptly secure business advantages from Citgo and its parent company, state-run Petróleos de Venezuela S.A. De Jongh allegedly received over $2.5 million in bribes and provided improper business advantages to […]

In Day 23 of his podcast series on creating more effective compliance programs, Tom Fox emphasizes the importance of using new information to make continuous improvements to a compliance program. “The bottom line for every CCO is that your compliance is dynamic not static,” Fox says. “You must continually review, refine, and update your compliance […]

Two owners and an employee of for-profit, non-accredited schools were sentenced for bribing a public official at the Department of Veterans Affairs, in exchange for the public official’s facilitation of over $2 million in payments that were supposed to be dedicated to providing vocational training for military veterans with service-connected disabilities. Albert Poawui of Maryland, […]

In a new podcast, Jones Day Düsseldorf partners Karin Holloch and Markus Kappenhagen discuss a draft directive issued by the EU Commission that will protect whistleblowers from retaliation and implement new reporting channels and response requirements for employers. During the discussion, they address the changes the whistleblower Directive will bring to German companies, how it will affect German employment law, […]

David M. Dunham Jr. has been convicted of wire fraud, tax evasion, and obstruction of justice, in connection to a scheme to defraud the Environmental Protection Agency, the Internal Revenue Service, and his customers to obtain renewable fuel credits in his “green energy” business. Dunham fraudulently applied for and sold “credits” for selling renewable biofuels […]

The Department of Justice’s new policy against “piling on” enforcement activities requires DOJ attorneys to coordinate with one another and consider the penalties being imposed by other law enforcement bodies, to avoid “unnecessary” duplication of fines, penalties, and forfeitures “for the same misconduct.”000 Brad Karp, chairman and partner at Paul, Weiss, and Mark Mendelsohn, a partner […]

Judge Alison Nathan of the District Court for the Southern District of New York is pushing for an investigation by the DOJ’s Office of Professional Responsibility into the conduct of prosecutors who secured a guilty verdict in a sanctions case that was later dismissed over disclosure failures. Ali Sadr Hashemi Nejad had been charged for […]

In its latest monthly wrap-up, Morrison Foerster summarizes some of the most important international anti-corruption developments from the past month. This month they ask:...