In Bloomberg BNA “Corporate Law & Accountability Report,” Ropes & Gray Attorneys Discuss whether the SEC’s Recent FCPA Settlement with Smith & Wesson Could Establish a New Claim for an Insufficient Compliance Program
In an Aug. 22 article published by Bloomberg BNA’s “Corporate Law & Accountability Report,” Ropes & Gray attorneys discuss a recent settlement between the Securities and Exchange Commission and firearms manufacturer Smith & Wesson involving Foreign Corrupt Practices Act (FCPA) violations. The article explains how the settlement raises concerns for smaller U.S. companies with foreign operations, and could establish a new FCPA claim for an insufficient compliance program. The authors include government enforcement partner Daniel O’Connor (Boston), business & securities litigation associate Geoff Atkins (Boston) and litigation associate Lauren Modelski (Chicago).
The article is available here.