As we mentioned in our “Trends” posting last month, FCPA cases were at a high in 2008 and will continue upward in 2009.  Contract attorneys in DC, NYC, LA, Chicago, etc. have seen 2009 open with a flurry of FCPA and related litigation document reviews.   On his D&O blog yesterday, Kevin LaCroix references the January [...]

We have read the public comments by Peter Löscher (the press releases, the choreographed interviews) of “Siemens endorses clean business” and we agree they were a tremendous help to their position.  And the Arthur Andersen prosecution in the aftermath of the Enron scandal certainly made the DOJ gun-shy on a full court press. Löscher has done [...]

Siemens, the German engineering giant, agreed Monday to pay a record total of $1.6 billion to American and European authorities to settle charges that it routinely used bribes and slush funds to secure huge public works contracts around the world.  For the story click here. Yet suprisisngly Siemens avoids either a guilty plea or a [...]