Corporate
Apr. 1, 2016
Companies should note joint AKS, FCPA action
This month, the DOJ announced two deferred prosecution agreements to resolve criminal charges under the Anti-Kickback Statute and the Foreign Corrupt Practices Act. By David Kirman, Jeremy Maltby and Alex Wyman
On March 1, the Department of Justice announced that Olympus Corporation of the Americas entered into two deferred prosecution agreements with DOJ, under which Olympus will pay a total of $646 million to resolve criminal charges under the Anti-Kickback Statute (AKS) and the Foreign Corrupt Practices Act (FCPA).
According to the criminal complaint filed by DOJ, Olympus, the largest distributor of ...
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