Foreign Corrupt Practices Act Violations Attorney
Learn more about your legal rights as a whistleblower reporting wrongdoing
Whistleblowers considering taking action against foreign corruption involving American officials overseas should be familiar with the Foreign Corrupt Practices Act (FCPA). Enacted in 1977 and revised in 1988 and again in 1998, the FCPA primarily addresses allegations of bribery of foreign officials. However, the specific rules and regulations related to the FCPA can be quite complex.
If you suspect that an American company or individuals has violated the FCPA, make sure you fully understand your legal rights and responsibilities under the law. Make sure you talk to an attorney at Brewer & Pritchard, P.C., in Houston. Our legal team has decades of experience dealing with complex legal cases throughout the world. As a result, we’re familiar with the rules and regulations related to the FCPA and serve as your guide throughout the legal process.
What is the Foreign Corrupt Practices Act?
The Foreign Corrupt Practices Act prohibits American companies or individuals from bribing foreign government officials in an attempt to obtain business contracts overseas. This wide-ranging, U.S. federal law also covers bribery allegations involving government officials or private companies, as well as foreign companies doing business in the United States.
One of the provisions of the FCPA is that American companies doing business overseas must maintain transparent financial records. Such requirements were originally part of the Securities Exchange Act of 1934. Many other financial-related rules and regulations apply to American companies operating overseas.
What are common legal cases?
Some examples of criminal activity covered by the Foreign Corrupt Practices Act include:
- American companies bribing foreign officials to obtain foreign business contracts
- Overseas companies bribing American officials to obtain U.S. government contracts
- American companies bribing American officials to obtain overseas U.S. contracts
- American companies bribing officials to overlook illegal activity at overseas U.S. bases
This is just a small sample of some of the most common FCPA violations. If you suspect wrongdoing, don’t try to tackle your legal case on your own. Seek legal guidance from an experienced attorney well-versed in the laws governing whistleblower cases.
How much is my case worth?
Whistleblowers who report illegal activity that violates the Foreign Corrupt Practices Act routinely receive a financial reward for taking action. Specifically, the whistleblower often receives a portion of the money – often 10 to 30 percent – recovered by the Securities and Exchange Commission (SEC). Such rewards are stipulated under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted in 2010.
However, just because you are entitled to receive a financial reward does not automatically mean you will actually receive financial compensation. Because there’s often a lot of money at stake, many corporations often deny wrongdoing and hire an entire team of attorneys to defend their actions. Such companies may also likely try to discredit your claim and your reputation. That’s not right. That’s why you deserve a strong legal advocate in your corner.
Explore your options under the Foreign Corrupt Practices Act. Contact us
Evidence is critical in such cases. That’s why it’s important to talk to a lawyer at our firm as soon as possible. We can investigate your case while the evidence is still fresh. Often, companies or individuals that engage in illegal activity will deny any wrongdoing or try to destroy the evidence. We can help you get the information you need to hold these companies accountable for criminal activity.
Complicated cases demand experienced legal representation. Make sure you have someone who knows how to handle Foreign Corrupt Practices Act cases on your side throughout the entire process, protecting your rights and your privacy. Make sure you contact our law firm today. Call (713) 903-2731 or fill out our online inquiry form and schedule a confidential appointment.