Corruption, Compliance, Transportation Industry

Mexican Cartels as Foreign Terrorist Organizations: A New Era of Risk for Global Businesses

Guidepost Solutions LLC on 2/6/2025

On January 20, 2025, President Trump issued an executive order titled “Designating Cartels and Other Organizations as Foreign Terrorist Organizations and Specially Designated Global Terrorists.” This directive instructs the...more

Transforming Culture: Part 1-From Merger to Culture Toxicity

Thomas Fox - Compliance Evangelist on 5/6/2024

Boeing is not the first company to find itself amid a massive scandal. You can think of Siemens’ bribery and corruption scandal, the VW emissions-testing scandal, the Wells Fargo fraudulent accounts scandal, or any other...more

Transforming a Corporate Culture in Crisis: Lessons from Boeing

Thomas Fox - Compliance Evangelist on 4/24/2024

There has not been a company which has had a run of worse publicity in 2024 than Boeing. Unfortunately it has been self-inflicted. I recently participated in a webinar with Sam Silverstein on what Boeing can do to try and...more

The SEC’s Continuing Refinement of Internal Controls Enforcement

The Volkov Law Group on 12/12/2016

My good friend and colleague, Tom Fox, has written an interesting post on the SEC’s recent United Airlines settlement for $2.4 million for domestic bribery. As Tom has noted, the interesting aspect of the SEC’s enforcement...more

DOJ and SEC Collect $22 Million from LAN Airlines for Conduct in Resolving Labor Dispute

The Volkov Law Group on 8/1/2016

Last week, the Justice Department and the SEC announced parallel FCPA settlements totaling $22 million in fines, penalties and disgorgement against LAN Airlines, a Chile-based airline, for conduct in resolving a labor dispute...more

LATAM/LAN FCPA Enforcement Action, Part I-Some Questions

Thomas Fox - Compliance Evangelist on 7/26/2016

What is the cost of a Foreign Corrupt Practices Act (FCPA) violation? One subset of that question is what is the cost of not cooperating and not remediating during the pendency of such investigations? Those were two of the...more