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Corporate

Apr. 20, 2010

HP Bribery Case Throws Spotlight On Enforcement

As news of Department of Justice and SEC investigations into a German subsidiary of HP broke last week, the San Francisco office of the commission was putting the finishing touches on a brand-new Foreign Corrupt Practices Act unit.

By Rebecca Beyer

Daily Journal Staff Writer

SAN FRANCISCO - The increased scrutiny of U.S. companies' conduct abroad moved closer to home last week as Hewlett-Packard found itself at the center of an investigation into alleged bribery in Russia.

Enforcement of laws banning bribery by U.S. companies or citizens to foreign officials in return for business opportunities has been on the rise for several years. Now, the Securiti...

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