The payment of travel and entertainment expenses for foreign officials can raise significant issues under the FCPA. Last year there were two significant SEC cases and two DOJ opinions on this question. In SEC v. Lucent Technologies, Inc., Civil Action …

The FCPA: The New SEC and DOJ Enforcement Priority – Part IX, Promotional Expenses and Mergers Read More »

Leading Canadian pharmaceutical company Biovail Corporation whose shares are traded on the NYSE and four of its senior executives were named as defendants in a financial fraud complaint. The defendants included Eugene N. Melnyk, the founder and former chairman, Brian …

Canadian Pharmaceutical Company Biovail Settles a Financial Fraud Case While Four Of Its Executives Continue To Litigate Read More »