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Siemens AG agreed to pay the Israeli government about $42 million as a penalty for bribing officials at state-owned Israel Electric Corporation to win a contract to supply turbines fifteen years ago. via Report: Siemens pays $42 million to settle Israel bribe case – The FCPA Blog
Gilat Satellite Networks Ltd. (GILT) has been sued in a securities class action in the Jerusalem District Court. Gilat announced on October 16 that the respondents named in the suit are the company, all its directors and York Capital Management LLC, which owns 20% of the company. According to Gilat, the company and its outside […]