“On April 26, 2007, the Securities and Exchange Commission filed a settled enforcement action in the United States District Court for the Southern District of Texas charging Baker Hughes Incorporated, a Houston, Texas-based global provider of oil field products and services, with violations of the Foreign Corrupt Practices Act (“FCPA”). Baker Hughes has agreed to pay more than $23 million in disgorgement and prejudgment interest for these violations and to pay a civil penalty of $10 million for violating a 2001 Commission cease-and-desist Order prohibiting violations of the books and records and internal controls provisions of the FCPA.”
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13 November 2024
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Florida Institute of CFOs (fiCFO) 2024 Summit
Foley Partner Aaron Tantleff is a featured speaker at the Florida Institute of CFOs (fiCFO) 2024 Summit taking place near Orlando on November 12-14, 2024, which Foley is proud to support as a Platinum Sponsor.
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ABA Antitrust Law Section Fall Forum Debate: Anticompetitive Conduct is Best Determined by the FTC
During the Fall Forum of the American Bar Association Antitrust Law Section, Partner Diane Hazel will moderate a debate that will argue the pros and cons of whether anticompetitive conduct is best determined by the FTC.