Lessons From Alcoa's Bahrain FCPA Bribery Case

Law360, New York (January 21, 2014, 6:54 PM EST) -- On Jan. 9, 2014, global aluminum producer Alcoa Inc. and one of its subsidiaries, Alcoa World Alumina LLC (collectively referred to herein as Alcoa) settled with the U.S. Department of Justice and the U.S. Securities and Exchange Commission for violating the Foreign Corrupt Practices Act by making more than $110 million in corrupt payments through a London-based consultant or his controlled companies to government officials in Bahrain over the course of 20 years. Alcoa agreed to settle the enforcement actions with the DOJ and SEC 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.