Our team draws upon unsurpassed experience in counseling and defending U.S. and foreign companies in matters relating to the United States Foreign Corrupt Practices Act (FCPA) and similar anti-corruption laws. In response to heightened anti-corruption compliance standards, we are often called upon to advise and represent clients in matters regarding compliance, risk assessment, third-party and transactional due diligence, internal investigations, and defense of proceedings before U.S. and foreign enforcement authorities. 

JPMorgan Settles Referral Hiring Investigations

Paul, Weiss represented JPMorgan in connection with its recent resolutions with the U.S. Department of Justice (DOJ), the Securities and Exchange Commission (SEC) and the Federal Reserve relating to investigations of JPMorgan's hiring of candidates referred by clients, potential clients and government officials in the Asia-Pacific region. As part of the resolution, a Hong Kong-based JPMorgan subsidiary entered into a three-year non-prosecution agreement with the DOJ and JPMorgan also agreed to pay a $72 million fine to the DOJ, an approximately $62 million fine to the Federal Reserve, and approximately $131 million to the SEC in disgorgement and prejudgment interest.

POSTED ON November 18, 2016 » Learn More About This Practice

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