Exec Bribes Don't Always Mean Corporate Charges, DOJ Says
Law360, New Orleans (March 8, 2019, 7:47 PM EST) -- Recent cases show that even when a company’s high-level executives are involved in foreign bribery, that doesn’t automatically mean charges for the company itself, the head of the Justice Department’s Criminal Division said Friday.
Assistant Attorney General Brian Benczkowski highlighted the DOJ’s decision not to bring Foreign Corrupt Practices Act charges against Cognizant Technology Solutions Corp. and a Barbados insurer. Prosecutors declined to charge both companies, despite the fact that the crimes involved C-suite executives, based on the companies' efforts to self-report and cooperate with prosecutors.
“These two cases make it clear that aggravating factors like high-level executive involvement in the...
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