Lindsey Manufacturing's FCPA Battle

Law360, New York (June 3, 2011, 2:40 PM EDT) -- Lindsey Manufacturing Co. (a privately held company) was the first corporate defendant to be convicted after trial of Foreign Corrupt Practices Act charges — for conspiracy to violate the FCPA and five counts of FCPA violations based on payments to employees of the Comisión Federal de Electricidad (CFE), an electric utility company owned by the government of Mexico).

Assistant Attorney General Lanny Breuer stated last fall that it was a "new era of FCPA enforcement." The Lindsey Manufacturing verdict and some of the arguments raised by...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.