Corporate Defendant Lindsey Manufacturing Tried and Convicted on FCPA Charges (Along With 3 Other Individuals)

By Porter Wright on May 11, 2011

On Tuesday, May 10, 2011, a federal jury convicted Lindsey Manufacturing Company (a privately-held company), its President Keith Lindsey, its Vice President Steve Lee and an intermediary, Angela Aguilar in an FCPA case. The charges were based on payments to employees of the Comisión Federal de Electricidad ("CFE"), an electric utility company owned by the … Continue Reading

Former Chairman of mortgage lender Taylor, Bean & Whitaker convicted for scheme that contributed to his company’s collapse and the failure of Colonial Bank

By Porter Wright on April 20, 2011

On Tuesday, April 19, 2011, in one of the first criminal trials arising out of the market crisis, a federal jury in Alexandria, Virginia convicted Lee Farkas of: one count of conspiracy to commit bank, wire and securities fraud; six counts of bank fraud; four counts of wire fraud; and three counts of securities fraud. … Continue Reading

Former DOJ Deputy Chief Predicts Increase in FCPA Prosecutions of Individuals and Self-Reporting By Companies

By Porter Wright on March 18, 2011

On Thursday, March 17, 2011, the Wall Street Journal published an interview (available here, log-in required) with Mark Mendelsohn, the former Deputy Chief of the Fraud Section at DOJ, whose responsibilities included enforcement of the Foreign Corrupt Practices Act ("FCPA"). Mr. Mendelsohn, who left DOJ in 2010 to join Paul Weiss, discussed the future of … Continue Reading