SocGen Fined $1.3B Over US Sanctions Violations

Law360 (November 19, 2018, 7:21 PM EST) -- Société Générale SA said Monday that it has agreed to pay $1.34 billion in fines as part of settlements with U.S. federal and state authorities to resolve investigations into its processing of transactions involving Cuba, Iran and other targets of U.S. sanctions.

Société Générale SA said Monday that it will pay $1.34 billion to resolve probes into potential U.S. economic sanctions violations. (AP) The deals that Société Générale has reached with prosecutors and regulators put the Paris-based banking giant on the hook for the second-largest total fine ever imposed on a financial institution for U.S. economic sanctions violations, according to federal prosecutors...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!