Albemarle’s long-lasting scrutiny is not unique as 4-4.5 years is the approximate median amount of time companies that disclose FCPA scrutiny remain under scrutiny in the FCPA’s modern era (and this was occurring long before any potential COVID-19 impact on government inquiries).
It’s a joke that companies are under FCPA scrutiny for so long particularly companies that voluntarily disclose and cooperate (as to the later issue something nearly all companies do).
Long-lasting FCPA scrutiny also completely undermines DOJ and SEC rhetoric on this issue.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn