Another FCPA Defendant Walks After Trial

The chief of the Department of Justice FCPA unit has said pursuing individual defendants is now a priority, but the agency is not having much success, writes Barnes & Thornburg attorney Kathleen Matsoukas. The latest setback came in the trial of the co-CEO of an oil services outsourcing company that was operating in Columbia. He could have gotten a 20-year sentence for various FCPA violations, but instead got probation for a single count of conspiracy to violate the FCPA. Questions are raised about the government’s policy.