Methode Electronics Discloses FCPA Investigation
Methode Electronics, a Chicago-based technology company, announced in its quarterly regulatory filing Thursday that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) concerning its compliance with the Foreign Corrupt Practices Act (FCPA). The subpoena, which was issued on November 1, seeks documents and information related to the company’s operations in […]
The Adani Charges – What You Need to Know
Brooklyn, New York – The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) unveiled a sweeping indictment of a planned fraud and bribery conspiracy involving key executives of Adani Group and Azure Power. While the Adani group has denied the charges as baseless, Azure has released a statement saying that it is cooperating […]
BIT Mining Ltd and its CEO Charged in Japanese Bribery Scheme
November 19, New York – The former CEO of BIT Mining Ltd., the Chinese-based cryptocurrency and technology company formerly known as 500.com, has been indicted on charges of violating the U.S. Foreign Corrupt Practices Act (FCPA). The charges were in connection with a scheme to bribe Japanese government officials to win a bid for a […]
Boston Scientific Under Investigation – What Employees Need to Know
The pharmaceutical industry is no stranger to corruption and it should come as no surprise that corporate watchdog Disclosure Insight has warned that Boston Scientific is under investigation by the Securities and Exchange Commission (SEC) for violations of the Foreign Corrupt Practices Act (FCPA). This is not the first time Boston Scientific has been under investigation for foreign […]
Raytheon hit with criminal charges for FCPA violation
October 16, New York – the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) announced (Foreign Corrupt Practices Act) FCPA charges against RTX Corporation and Raytheon Company. The Allegations The enforcement actions stem from Raytheon’s use of sham subcontracts to facilitate bribes totaling ~$2 million to Qatari military officials from 2011 to […]
Moog Inc. Charged with FCPA Violations
Moog Inc., a manufacturer of components for military and aerospace use, settled charges of violating the Foreign Corrupt Practices Act (FCPA). The global leader in motion control systems agreed to pay a civil penalty of $1.1 million. This resolution comes in response to charges related to illicit payments made by its subsidiary, Moog Motion Controls Private […]
Is Bristol-Myers Squibb Under Investigation? – What Employees Need to Know
The pharmaceutical industry is no stranger to corruption and it should come as no surprise that corporate watchdog Disclosure Insight has warned that Bristol-Myers Squibb is under investigation by the Securities and Exchange Commission (SEC). Disclosure Insight is a market leader in exposing undisclosed SEC investigations, and their warnings have been proven correct on many occasions. While Bristol-Myers […]
Is British American Tobacco Under Investigation? – What Employees Need to Know
The consumer goods industry is no stranger to corruption and it should come as no surprise that corporate watchdog Disclosure Insight warned earlier this year that British American Tobacco is under investigation by the Securities and Exchange Commission (SEC). Importantly, Disclosure Insight recently removed BAT from their watchlist, indicating that they do not believe an investigation is ongoing. Disclosure Insight […]
Is Church & Dwight Under Investigation? – What Employees Need to Know
The consumer goods industry is no stranger to corruption and it should come as no surprise that corporate watchdog Disclosure Insight has warned that Church & Dwight Co. is under investigation by the Securities and Exchange Commission (SEC). Disclosure Insight is a market leader in exposing undisclosed SEC investigations, and their warnings have been proven correct on many […]
Is Atlassian Under Investigation? – What Employees Need to Know
The software industry is no stranger to corruption and it should come as no surprise that corporate watchdog Disclosure Insight has warned that Atlassian Corporation is under investigation by the Securities and Exchange Commission (SEC). Disclosure Insight is a market leader in exposing undisclosed SEC investigations, and their warnings have been proven correct on many occasions. […]