Tag: compliance

Ignored Internal Audit Reports Lead to FCPA Violation at Gold Miner

Last week, Canada-based gold mining company, Kinross Gold, settled a Foreign Corrupt Practices Act case with the Securities and Exchange Commission by agreeing to pay just shy of $1 million. While the SEC did not pursue the case on evidence of actual bribery, it did hit Kinross with charges of Read More

Whistleblowing on the Rise; But so Too Is Retaliation

Reporting of suspected wrongdoing in organizations has reached a historic high in the United States, but so too have instances of retaliation against those who report violations. Meanwhile, only one in five employees say their company has a strong ethical culture. The percentage of employees who say they have reported Read More

Workplace Class Action Settlement Payouts Skyrocketed Last Year

The monetary value of the top workplace class-action settlements rose dramatically in 2017, eclipsing the previous high reached two years earlier by almost 10 percent, according to the latest annual report by law firm Seyfarth Shaw. The top 10 settlements last year had an aggregate value of $2.72 billion, compared Read More