Congratulations to David Simon and John Turlais of Foley & Lardner LLP for being honored as Wisconsin’s Legal Innovators.
Their FCPA app is powered by Neota Logic and we are proud to partner with them.
From the State Bar of Wisconsin:
In today’s global economy, U.S. companies of all sizes are selling their products and services abroad. To help them do that in compliance with the law, David Simon and John Turlais of Foley & Lardner LLP in Milwaukee have devised a new tool.
All these companies must comply with the Foreign Corrupt Practices Act (FCPA), which prohibits the payment of anything of value to a government official or employee of a state-owned commercial enterprise in order to influence that person or obtain or retain business.
The U.S. Department of Justice and the U.S. Securities & Exchange Commission (SEC) have made FCPA enforcement a top priority. Violations can be costly due to fines and reputation damage. A recent enforcement against Smith & Wesson was “a wake-up call for small and mid-sized companies,” as the SEC head described it, that they’re under scrutiny just like the big companies
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