FCPA Training Firms Flourish As DOJ Bears Down On Bribery

Law360, New York (September 11, 2013, 8:08 PM EDT) -- In 2008, with the economy cratering, Farzad Barkhordari's 2-year-old compliance training firm Click 4 Compliance saw a sudden influx of business.

At the time, the U.S. Department of Justice and U.S. Securities and Exchange Commission had begun to ramp up enforcement of the U.S. Foreign Corrupt Practices Act, a 1977 law that bars payments to foreign officials designed to retain or obtain business. Companies that had previously sent representatives overseas to train employees on the FCPA were slashing their travel budgets amid financial woes. They needed...
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