“SEC and FINRA Investigations of Hedge Funds, Asset Managers, Broker-Dealers and Other Investment Entities,” Securities Docket Enforcement Forum, Washington, October 9, 2013
On October 22, the SEC and DOJ announced that they had settled a joint FCPA enforcement action against Diebold Inc., the Ohio-based global provider of ATMs and bank security systems. The settlement comes almost three years after Diebold first announced that it was the subject of such an investigation. The SEC and DOJ settlements concern allegedly illicit business activities in China, Indonesia, and Russia. In settling the matter, Diebold agreed to (i) pay approximately $48 million to the US government, (ii) appoint an independent compliance monitor for eighteen months, and (iii) continue to implement a compliance and ethics program designed to prevent and identify violations of the FCPA.
Murphy & McGonigle, P.C. announced today that Lindi Beaudreault has joined the firm as a partner in its New York office. Ms. Beaudreault's arrival is yet another milestone for this financial services law firm as it continues to attract top litigation and regulatory talent since first opening its doors in 2010.
On August 29, in a Joint Statement, the United States Department of Justice (DOJ) and the Swiss Federal Department of Finance announced a Program for Non Target Letters for Swiss Banks that are not currently the subject of a formal criminal investigation by the DOJ (the “Program”).
This year, Best Lawyers has designated "Lawyers of the Year" in high-profile legal specialties in large legal communities. Only a single lawyer in each specialty in each community is being honored as the "Lawyer of the Year."
Steven D. Feldman highlights three cases involving art and cultural objects in 2012 in the Spring 2013 issue of The Journal of Art Crime.