Pages

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.

No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.