April 24, 2017
Two former executives of Hungary's largest telecommunications firm dodged an upcoming trial by settling the U.S. Securities and Exchange Commission's allegations that they had paid bribes to government officials in Macedonia in exchange for regulations designed to hurt a competitor, according to papers filed in New York federal court Monday.
February 09, 2017
A former executive of Hungary's largest telecommunications firm dodged an upcoming trial by settling the U.S. Securities and Exchange Commission's allegations that he and two other senior officers paid bribes and violated the Foreign Corrupt Practices Act, according to a deal filed in New York federal court on Wednesday.
August 24, 2016
After a grueling two-and-a-half hour hearing Wednesday on opposing motions for summary judgment, a New York federal judge sounded unconvinced by either side in a U.S. Securities and Exchange Commission suit alleging that three former executives of Hungary's largest telecommunications firm paid bribes and violated the Foreign Corrupt Practices Act.
November 17, 2015
The U.S. Securities and Exchange Commission asked a New York federal court for a win on several of its claims against three former executives at Hungary's largest telecommunications firm in a suit alleging bribery and Foreign Corrupt Practices Act violations, arguing the record verifies allegations of falsifying records and false statements.
October 06, 2015
The three former executives at Hungary's largest telecommunications firm accused of authorizing bribes to Macedonian government officials blasted the U.S. Securities and Exchange Commission's lawsuit against them in New York federal court Monday as long past the statute of limitations and far short on evidence.
August 31, 2015
The U.S. Securities and Exchange Commission and three former executives at Hungary's largest telecommunications firm continued to trade barbs Friday in New York federal court over interstate commerce issues, a statute of limitations and the court's jurisdiction in a case accusing the executives of authorizing bribes to Macedonian government officials.
August 27, 2015
A New York federal judge will allow a deposition of the Macedonian secret service's ex-chief in the Foreign Corrupt Practices Act trial of three former executives of a Hungarian telecommunications company, ruling the deposition's problems do not doom the testimony.
August 26, 2015
Three former executives of a Hungarian telecommunications company asked a New York federal judge in a brief unsealed Wednesday to disallow the testimony of the former head of that country's secret service, saying procedural irregularities should make his deposition unallowable.
August 24, 2015
The U.S. Securities and Exchange Commission and three Hungarian telecommunications executives accused of Foreign Corrupt Practices Act violations wrote a New York federal judge Friday to outline their arguments regarding statute of limitations, interstate commerce issues and the court's jurisdiction in the case.
July 18, 2014
The U.S. Securities and Exchange Commission has slimmed down its Foreign Corrupt Practices Act case against three former Magyar Telekom PLC executives, dropping claims they bribed government officials in Montenegro, according to a new complaint filed in New York federal court Thursday.