In today’s global business landscape, companies are increasingly expanding their operations overseas. While this provides significant growth opportunities, it also exposes them to potential legal risks, including violations of the Foreign Corrupt Practices Act (FCPA). To ensure compliance with this critical legislation, companies must be diligent in implementing best practices… Read more »
Companies that engage with government contracts overseas should be well aware of the harsh penalties associated with the Foreign Corrupt Practices Act violations (FCPA). Getting your internal staffed trained and executives aware of the steep fines and disruption of the business reputation can save you from unnecessary litigation, civil and criminal… Read more »
Avoiding Foreign Corrupt Practices Act FCPA Violations and Fines Can Save Your Company The Foreign Corrupt Practices Act of 1977 (known as the “FCPA”), was enacted for the primary purpose of making it unlawful for certain classes of persons and entities to make payments to foreign government officials to influence… Read more »
US Foreign Corrupt Practices Act FCPA penalties and violations can be premised upon your efforts in due diligence or otherwise seek to determine whether there was a legitimate business purpose for the use of a “middleman” or consultant. Under the FCPA anti bribery provisions, this is especially true when conducting… Read more »
Foreign Corrupt Practices Act FCPA violations and penalties for government contractors that have violated the FCPA can be embarrassing and can expose you to media coverage and other negative publicity. Understanding the extent of your liability can trigger the necessary in-house actions that can minimize your exposure. In recent years, the U.S. government… Read more »
Government procurement fraud can arise in a variety of situations. A common example occurs during the bidding phase when offerors submit untruthful information in efforts to secure a government contract, or in other situations, to get admitted into a program administered by the Small Business Administration. In the case of… Read more »
It is important to keep up with recent US FCPA cases so that you do not find yourself in a similar situation. In 2014 alone, the Securities and Exchange Commission (“SEC”) has charged major companies, such as Smith & Wesson and Hewlett-Packard, with violating the Foreign Corrupt Practices Act (“FCPA”). … Read more »
Striking a balance between conservatively following government contract regulations and allowing your business to run effectively without over-compliance is not an easy road to hoe. Whether your business’ procurement compliance program is non-existent and may result in government authority knocking at the door at any moment or is over-burdensome and… Read more »
corporate internal investigations for government contractors experiencing a civil or criminal investigation – mitigate damages and possibly get your case dismissed. Is your company facing a government investigation for criminal activity or civil fraud? Don’t panic, our corporate investigation firm can help. Our team of government contractor attorneys specializes in… Read more »
Federal Anti Kickback Statutes of 1986 (AKS) (See 42 U.S.C. § 1320a-7b.) is a federal criminal statute that prohibits government contractors or government employees from engaging in the exchange (or offer to exchange), of anything of value, in an effort to induce (or reward) the referral of business reimbursable by… Read more »