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Expert Analysis

ComEd Case Shows Wide Reach Of FCPA Accounting Clauses

By James Koukios and Nathan Lowry (August 2, 2023, 12:26 PM EDT) -- Over the last four years, the U.S. Department of Justice and the U.S. Securities and Exchange Commission have used both the anti-bribery and the accounting provisions of the Foreign Corrupt Practices Act to recover monetary penalties and disgorgement totaling more than $9.5 billion from companies alleged to have paid and concealed bribes to government officials outside the U.S....

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