April 21, 2011 (Mountain View, CA) - Susan Muck, partner in the Securities Litigation Group of Fenwick & West LLP, was featured in The Wall Street Journal article "Tech Companies Feeling the Power of FCPA."
The Justice Department and Securities and Exchange Commission (SEC) are investigating several technology companies for possible violations of foreign bribery law and the Foreign Corrupt Practices Act (FCPA). The alleged violations center around U.S. tech companies paying off foreign officials in order to win contracts, override approval processes and otherwise secure business overseas.
Based on her national practice advising technology companies on FCPA issues, Susan Muck comments, "At nearly every turn, U.S. tech companies doing business overseas interact with foreign officials, whether in seeking regulatory affairs, supplying products for information technology projects sponsored by foreign governments or selling directly to governments."
To read the full story on The Wall Street Journal's "Corruption Currents" blog, click here (subscription required).