Let’s take a trip way, way back in time. So far back you may hardly remember where you were or what you were doing.
The year was 2007, April to be precise, and the DOJ and SEC announced (here and here) the “largest combined sanction ever imposed in an FCPA case.”
The aggregate settlement amount? $44 million.
Obviously April 2007 was not that long ago, but FCPA settlement amounts have sure come a long way in a short amount of time and the FCPA pipeline is bulging as highlighted below.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn