Monday, April 23, 2012

Largest FCPA Settlements

Reposted from fcpablog.com (there really is a blog for everything I guess) below is a list of the 10 largest settlements under the foreign corrupt practices act.  The largest settlement was $800m and the average of the 10 largest settlements is $317m.  Based on worries about an FCPA violation, WMT's stock has lost almost $10B worth of market cap today, 12.5x the largest settlement.


1. Siemens (Germany): $800 million in 2008.
2. KBR / Halliburton (USA): $579 million in 2009.
3. BAE (UK): $400 million in 2010.
4. Snamprogetti Netherlands B.V. / ENI S.p.A (Holland/Italy): $365 million in 2010.
5. Technip S.A. (France): $338 million in 2010.
6. JGC Corporation (Japan) $218.8 million in 2011.
7. Daimler AG (Germany): $185 million in 2010.
8. Alcatel-Lucent (France): $137 million in 2010.
9. Panalpina (Switzerland): $81.8 million in 2010.
10. Johnson & Johnson (USA): $70 million in 2011.

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