Weekly Industry News – Anti-Corruption / FCPA & International Trade

Anti-Corruption/ FCPA and International Trade – SEC settles FCPA action on the eve of trial, former New Orleans Mayor Nagin sentenced to 10 years for corruption and more.

   

SEC Settles FCPA Action On The Eve of Trial by Thomas Gorman Published on JDSupra 

The SEC was about to try its first FCPA case. Then the Commission settled, agreeing to drop the bribery charges as well as its demand for monetary sanctions. That ended the case against two Nobel Corporation executives SEC v. Jackson, Civil Action No. 4:12-cv-00563 (S.D. Tx. Filed Feb. 24, 2012) … [ Read More ]

   

U.S. arrests China national for GMO corn seed theft by Hui Zhi  Published on The FCPA Blog

The wife of a Beijing businessman has been arrested and charged by U.S. authorities for allegedly conspiring to steal genetically modified corn seed from American companies…. [ Read More

   

Former New Orleans Mayor Nagin Sentenced to 10 Years for Corruption by Cameron MCWhiter Published on WSJ

Ray Nagin, the former mayor who rose to national prominence leading this city during Hurricane Katrina, was sentenced Wednesday to 10 years in federal prison for his participation in a $500,000 bribery and conspiracy scheme that operated during most of his time in office… [ Read More ]

 

 

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