X
01Jul

Novartis and Alcon FCPA Enforcement Action: Lessons Learned (Part III of III)

At the outset, Novartis is “lucky” – the settlement is relatively positive, despite its 2016 SEC enforcement action in China.  Given Novartis weak culture of compliance (if anything, a better description may be a culture of non-compliance) and its status as a recidivist, Novartis could have been slammed with a stiffer enforcement action, including assignment of an independent corporate compliance monitor and a higher penalty. ...
By: Michael Volkov
Source Url: https://www.jdsupra.com/legalnews/novartis-and-alcon-fcpa-enforcement-13538/

Related

Coronavirus/COVID-19 Update

As health organizations and governments around the world work to contain the coronavirus (COVID-19),...

Read More >

DBE Gross Receipts Cap Adjusted for Inflation

In December 2020, the United States Department of Transportation (DOT) amended the small business si...

Read More >

The ABC Test: California States and Localities Support Plaintiffs’ Appeal, Signal Aggressive Enforcement

The fight over the scope of the “ABC test” for determining the status of workers under California ...

Read More >

The Evolving Landscape of Whistleblower Claims Under Dodd-Frank

Congress is poised to overturn two recent judicial interpretations of the whistleblower protections ...

Read More >

Washington Supreme Upholds Workweek Averaging for Non-Agricultural Piece-Rate Workers

On September 5, 2019, the Washington Supreme Court held that non-agricultural employees do not have ...

Read More >

California Environmental Law & Policy Update - February 2020 #2

Former PG&E lawyer named new regional EPA chief in California - Los Angeles Times – February 11 -...

Read More >