Fla. Asphalt Co. To Pay $16.6M Over South American Bribes
Law360 (September 22, 2020, 10:04 PM EDT) -- A Florida asphalt company will pay $16.6 million in connection with an agreement to plead guilty to paying bribes to state-owned oil companies in South America in exchange for access to government contracts, federal prosecutors in Brooklyn said Tuesday.
South Florida-based Sargeant Marine Inc. agreed to shell out the eight-figure sum to resolve charges that the company violated the Foreign Corrupt Practices Act with various, multi-year bribe schemes in Brazil, Venezuela and Ecuador, according to a news release from the U.S. Department of Justice.
Seth DuCharme, the acting head of the Brooklyn federal prosecutors' office, highlighted the international cooperation that aided...
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!