Law360, New York (January 21, 2015, 10:18 AM EST) -- After a relatively quiet third quarter in which there was only one corporate settlement of a Foreign Corrupt Practices Act enforcement action, 2014 ended with a flurry of activity, with the U.S. Department of Justice and the U.S. Securities and Exchange Commission each announcing a number of resolutions, including the largest criminal penalty ever levied under the FCPA: a $772 million settlement against French power and transport company Alstom SA.
The total amount collected by the DOJ and SEC in 2014 was approximately $1.5 billion — the most collected since 2010. Significantly, this total amount for the year came through the...
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