FCPA In 2014: A Review Of Q3 Enforcement — Part 1

Law360, New York (November 10, 2014, 5:37 PM EST) -- In line with a trend in 2014 of declining Foreign Corrupt Practice Act corporate enforcement dispositions, U.S. enforcement authorities entered into one new corporate settlement during the third quarter. The administrative settlement between the U.S. Securities and Exchange Commission and Smith & Wesson Holding Corporation follows slow enforcement in the first and second quarters that included only seven corporate dispositions involving three companies. While investigation activity levels remain strong (as indicated in the "Known FCPA Investigations Initiated" chart and discussion below), the overall pace of enforcement in 2014, in terms of resolved dispositions, remains at low levels when compared to recent years....

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