Category: USA

Belgian Security Services Firm Pleads Guilty to Criminal Antitrust Conspiracy

A Belgian security firm, G4S Secure Solutions NV (G4S), has agreed to plead guilty and pay a $15M criminal fine for its role in a conspiracy to rig bids, allocate customers and fix prices for defense-related security services, including a multimillion-dollar contract issued in 2020 to provide security services to the U.S. Department of Defense for military bases and installations in Belgium.

FRANCE: Alcatel-Lucent Corruption Judgment upheld

The appeal of telecommunications equipment supplier Alcatel-Lucent was rejected by French Courts, finalizing the judgment of 150,000 euros in fines levied against the group for bribery of foreign public officials in Costa Rica in the early 2000s.

SWEDEN: Four Ericsson Employees Charged with Bribery.

Four former employees of Swedish telecommunications company Ericsson AB have been charged with bribery in Stockholm. In parallel, Ericsson agrees to pay its Finnish competitor Nokia $97 million for damages claimed related to its corrupt activities.

SriLankan Airlines Sues Airbus For $1 Billion

The Airbus bribery scandal continues to reverberate around the world. This latest lawsuit against the plane maker revolves around murky allegations of bribery, reputational damage, and lost income at the airline.

Italian Company to Pay $950,000 for selling US-Origin Parts to Iran

The company agreed to pay $950,000 to settle its potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR)

USA: German Attorney Pleads Guilty to Money Laundering

Defendant laundered more than $1.1 Million through a shell company.