FCPA Guidance Offers Wake-Up Call For Contractors

Law360, New York (November 16, 2012, 4:54 PM EST) -- The U.S. Department of Justice's long-awaited guidance on Foreign Corrupt Practices Act enforcement reaffirmed the agency's aggressive stance on corruption and should be a wake-up call for government contractors, who could lose their businesses to shoddy FCPA compliance, attorneys say.

Violations of the anti-corruption law carry unique risks for government contractors, because unethical behavior could impact a company's eligibility for future contracts. FCPA violations could also be the basis for whistleblower suits under the False Claims Act, which brings the heavy financial hammer of treble damages...
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