Dooney & Bourke Founder Gets 1 Yr. For Oil Conspiracy

By Shannon Henson

Law360, New York (November 10, 2009, 5:05 PM ET) -- A judge has sentenced the co-founder of bag maker Dooney & Bourke to a year and a day behind bars after a jury convicted him of conspiring to violate the Foreign Corrupt Practices Act and making false statements over a plan to profit from the privatization of Azerbaijan's state oil company.

At a court hearing Tuesday, Judge Shira A. Scheindlin of the U.S. District Court for the Southern District of New York also ordered Frederic Bourke Jr. to pay a fine of $1 million. Bourke will...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles