Ex-ABB Manager Wants FCPA Charges Tossed

Law360, New York (March 8, 2011, 7:26 PM EST) -- A former general manager at an ABB Inc. unit asked a Texas federal judge Monday to throw out Foreign Corrupt Practices Act charges, arguing the Mexican officials he allegedly targeted in a bribery scheme to win utility contracts are not considered foreign officials under the law.

John Joseph O'Shea filed his motion in the U.S. District Court for the Southern District of Texas, urging the court to dismiss all but one of 18 counts in an indictment filed against him in 2009.

"The government has grossly...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.